The Source for Cyber Insurance News, Insights and Data
The dawn of SEC-required cyber disclosures seems sure to increase litigation, as we’ve reported. Could the kind of cyber risk management now required by most cyber liability insurers provide some protection from the plaintiff’s bar? Liberty Mutual thinks so. “Cyber risk management strategies can help mitigate the likelihood of falling victim to an attack; but … Read more
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 the broader economy. Some carriers have provided statistics on breaches that appear to support the proposition. Cyber security company Netwrix tested this with a survey … Read more
Measured Analytics and Insurance, the cyber insurance MGA, continues its aggressive move into the increasingly competitive, but still relatively underserved, small and medium enterprise (SME) market (earlier this month Measured announced its partnership with the AWS cyber insurance program.) The Company’s CyberGuard 2023 insurance product targets companies with up to $500 million revenue, offering policy … Read more
In today’s digital age, cyber threats are a constant reality for businesses of all sizes. A single data breach can have devastating financial consequences, from lost revenue and customer trust to hefty fines and legal fees. That’s why cyber insurance is more important than ever before. A recent survey by Netwrix, a cybersecurity vendor, found … Read more
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 cyber insurance market for small-and-medium businesses becomes more competitive, BOXX’s strategy apparently includes signing emerging companies at their early stages. The provider of fused cyber-security … Read more