Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

Cyber Insurance Market Size is Growing Fast But Cyber Insurance Rates Are Shrinking?

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We routinely report on cyber insurance market size estimates and related industry studies from various insurance and research companies; see a summary table at the bottom of this post. But two new studies released on the same day (10/23/25) demonstrate the challenges of evaluating this market. One study, Marsh’s Global Insurance Market Index, reports global … Read more

State of Nevada Has Enough Government Cyber Insurance to Cover Costs of Recent Hack

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Nevada expects its $7 million government cyber insurance policy to cover all direct costs of a cyber attack that paralyzed state operations in August, a top official recently told lawmakers. Hack Disrupted Operations & Generated More Attacks The ransomware attack forced the closure of some state offices for two days; disrupted the Department of Motor … Read more

Cyber Insurance Technology & Services Growing Faster than Premiums? Bitsight Results Raise Question

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Bitsight, the provider of cyber risk intelligence, reported 30% growth in its cyber insurance business for the first half of fiscal year 2026 (February 1 – July 31, 2025), according to a press release issued today. This rapid growth stands in contrast with some bearish estimates of the growth of cyber insurance premiums. Swiss Re … Read more

Qantas Cuts Exec Comp over Hack, But Silent on Cyber Insurance

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We’ve reported on large companies that were hacked recently but either had no cyber insurance, or were underinsured. Could the Qantas Group (Qantas Airlines) be another one? The company’s board has (modestly) cut executive pay over its June hack, which revealed information on 5.7 million customers, according to the Qantas annual report released last month. … Read more

Another Large UK Company Caught with Inadequate Cyber Insurance? The Co-operative Group Appears Underinsured.

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The Co-operative Group is a British operator of retail stores, funeral homes and other businesses. Like Marks and Spencer, another major UK retailer, the Co-op, which generates billion-of-dollars in yearly revenue, has been hit with a major cyber attack. But compared to Marks and Spencer, the Co-op appears to be grossly underinsured for cyber threats. … Read more

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