The Source for Cyber Insurance News, Insights and Data
InsurSec provider At-Bay has introduced two email security solutions aimed at reducing financial fraud claims. The new offerings, At-Bay Stance Fraud Defense and At-Bay Stance MDR for Email are designed to prevent email-based fraud, which is responsible for 90% of financial fraud incidents, according to At-Bay data. Financial Fraud on the Rise The Federal Trade … Read more
Adaptive cyber insurance provider Cowbell has launched Cowbell Resiliency Services (CRS) to help U.S. businesses address increasingly sophisticated cyber threats. The new unit provides policyholders with advanced cybersecurity services, including Managed Detection and Response (MDR), Penetration Testing, Cloud Identity Monitoring, and Cybersecurity Training. Cyber Threats Are Escalating AI-driven cyberattacks and geopolitical tensions have increased security risks. The … Read more
We’ve written about the good and bad of AI cybersecurity tools recently. On the heel of that Bitsight has introduced “Instant Insights,” an AI-based feature that automates the analysis of security documents such as SOC 2 reports. Part of the Bitsight IQ suite, this AI cybersecurity tool aims to simplify and speed up vendor risk … Read more
Kaspersky’s 2024 cybersecurity report highlights how artificial intelligence (AI) cybersecurity risks reshape cyber defense. AI has heightened the scale and complexity of cyberattacks, leaving security professionals grappling with mounting threats. The global study underscores the dual role of AI as both a tool for hackers and a cornerstone of innovative defense strategies. Something we have … Read more
Cyber insurance premiums will grow “15% to 20% per year to a total of about $23 billion by the end of 2026, up from about $14 billion at the end of 2023,” estimates S&P Global Ratings report “Cyber Insurance Market Outlook 2025: Cycle Management Will Be Key To Sustaining Profits.” [Don’t tell Swiss Re, which … Read more