The Source for Cyber Insurance News, Insights and Data
Cyber insurance is becoming a key part of corporate risk management as cyber losses rise, threats spread more quickly, and many companies are still unprepared. This is the main message from Strengthening Cyber Resilience Through Insurance, a new report from the Geneva Association. According to the report, the median annual loss from a cybersecurity breach … Read more
Security Data Now Drives Cyber Insurance Policy Approval Sophos and Spektrum Labs have launched a joint program linking managed detection and response security data to cyber insurance policy underwriting, aimed at simplifying qualification and improving underwriting visibility. The companies introduced the Insurability FastTrack program, directly integrating Sophos MDR with Spektrum Labs’ cyber resilience validation platform. … Read more
The CISO’s role is expanding at many companies, but at other firms, they still lack access to top decision-makers. A new report looking at this layer of corporate leadership finds just 25% of CISOs say board briefings on cyber risk last longer than 30 minutes. The 2026 Benchmark Report: How Boards Are Partnering With CISOs was created … Read more
Illinois Cyber Insurance Litigation The ruling in Illinois cyber insurance litigation, which came last month in the state’s appeals court, stemmed from the high-profile 2021 ransomware attack on Kronos Private Cloud (now part of UKG), in which hackers exploited vulnerabilities like Log4j to disrupt payroll and HR services for millions of employees worldwide. Clients, including … Read more
Shopify, the global ecommerce platform, has issued a warning to the millions of companies that use its platform: you better get cyber insurance for small business. “Shopify secures its platform, but you’re responsible for your store’s data. Learn why cyber insurance is essential for protecting your business from data breaches, phishing, and app risks,” the … Read more