The Leading Source for Cybersecurity Insurance News, Insights and Data
We’ve all heard a flight attendant tell passengers to don the emergency air mask first before they try to help others. The same concept holds for cyber insurance companies, some…
Read More “Cyber Insurers Need to Protect Themselves First” »
There’s grim news in a new survey from cloud vendor Cloudian and Sapio Research: Cyber insurance only pays about 60% of costs from ransomware attacks — and paying ransoms often…
Read More “Cyber Insurance Pays Back Only App. 60% of Ransomware Costs & Then Rates Go Up” »
The U.S. cyber insurance industry is now teetering on the edge of profitability, upended by a more than 400 per cent rise last year in ransomware cases and skyrocketing extortion…
Read More “Cyber Insurance Rates Climb While Coverage Declines” »
Cyber insurance — also called cyber security insurance, cyber liability insurance, cyber risk insurance, and data security insurance, among other terms — is an insurance product used to protect businesses…