The Leading Source for Cybersecurity Insurance News, Insights and Data
“Clorox so far has spent $25 million to respond to a suspected ransomware attack, including hiring forensic investigators and legal and technology help. More cyber expenses are expected to arise in…
Cowbell, which offers an AI-driven cyber insurance platform for small-and-medium businesses, has been one of the most high-profile players in the emerging cyber insurance industry. The company has ramped up…
Read More “Cowbell Announces Layoffs Amid Challenges in Cyber Security Market” »
Moody’s, the credit and risk rating company, surveyed 1,700 people from debt issuers representing $80 trillion in outstanding debt across “71 global sectors.” “Despite the higher cost of cyber insurance,…
Read More “Major Debt Issuers Relatively Indifferent to Cyber Insurance Premium Hikes: Moody’s” »
The cyber insurance industry has long asserted that its underwriting processes, combined with security tech embedded in policies or supplied by third parties, will improve their clients’ security and impact…
Read More “Half of Cyber Insureds Improve Their Security As Part of Getting Policy: Survey” »
Consumer brands are known for their efforts to convert young people with the intent of making them life-time customers. BOXX appears to be doing something similar with start-ups. As the…
Read More “BOXX Aims to Capture Clients Before They Scale in New Partnership” »
We’ve written extensively about the SEC regulations requiring public companies to disclose material cyber events (see full regs and legal analysis of it here.) Analysis of the legal and business…
We’ve reported extensively on the new SEC rules requiring disclosure of material cyber events by US public companies (see the full reg and legal analysis of it and its implications…
Read More “Potential Insurance Conflicts Exposed by New SEC Cybersecurity Reporting Rules” »
Stoik calls itself the “first MGA in Europe to empower brokers by providing their (SME) clients with insurance policy and protection against cyber risks.” “The fresh investment will support the…
The downside of blended insurance policies that include cyber with other coverage is well known. Blended policies can complicate underwriting and diversification and even create confusion and conflict between different…
Read More “Axis Re Joins Movement to Standalone Cyber Insurance Policies” »
Cowbell, a cyber insurance pure-play that targets small-and-medium businesses, has announced a new partnership to make it faster and easier for partners such as brokers and MGAs to sell its…