Cyber Insurance Best Practices

State of Nevada Has Enough Government Cyber Insurance to Cover Costs of Recent Hack

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Nevada expects its $7 million government cyber insurance policy to cover all direct costs of a cyber attack that paralyzed state operations in August, a top official recently told lawmakers. Hack Disrupted Operations & Generated More Attacks The ransomware attack forced the closure of some state offices for two days; disrupted the Department of Motor … Read more

Jaguar’s New Tagline is “Copy Nothing,” but its Cyber Insurance Disaster Suggests “Penny Wise, Pound Foolish” Might be More Apt

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Jaguar Land Rover, also known as JLR, was hit with a cyber attack last month that forced the company to shut down its tech systems and assembly lines, with billions-of-dollars of damages and lost sales potentially far exceeding JLR’s pre-tax profit last fiscal year. Sounds like time for the car maker’s cybersecurity insurance policy to … Read more

UK Enterprises Turn to Software-Based Pentesting Amid Rising Cyber Threats

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Digital map of the United Kingdom glowing with blue network lines, red cyber breach points, and blue defense shields, symbolizing cybersecurity threats, defenses, and pentesting in the UK. And spending on pentesting.

Rising Breaches Push Firms Toward New Testing Methods – UK enterprises are under heavy fire. According to Pentera’s State of Pentesting 2025 – United Kingdom report, 75% of organisations suffered a breach in the past two years, and most endured significant damage. At the same time, enterprises are reshaping their defense strategies. 61% now use … Read more

Incident Response Planning Cuts Cyber Risk, Marsh Report Finds

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Incident Response shield graphic with network grid, echoing Joseph Wright of Blue Team Alpha’s insights.

Joseph Wright of Blue Team Alpha recently explained on the Cyber Insurance News podcast that incident response planning saves money. “The financial hit multiplies ten to fifteen times beyond what proactive measures would have cost,” Wright said. You can hear that episode here or here. That message now echoes in a major report from Marsh … Read more

AI Insurance Exclusions Increasingly Common – But Less So in Cyber Policies

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As the risks of AI grow alongside its benefits, many insurers are taking action to exclude AI-related liabilities from policies. But these AI insurance exclusions appear more common in coverage such as directors and officers (D&O) and errors and omissions (E&O) than cyber insurance, where insurers often cover AI liabilities and are adding coverage. These … Read more

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