The Source for Cyber Insurance News, Insights and Data
America’s wealthiest households are confronting rapidly escalating cyber threats, yet many remain significantly underinsured and lack adequate family and personal cyber insurance, according to new findings from the 2025 PRMA Private Client Insurance Insights Survey. The full survey results reveal a widening disconnect between rising digital risks and the protection strategies high-net-worth (HNW) families have … Read more
British retailer Marks & Spencer has started receiving substantial cyber insurance claims payouts from its April cyberattack. “Insurance income proceeds of £100.0m (app. $132 million), in respect of the incident, recorded centrally in adjusted profit,” the Company reported in its November 5th earnings report. But headlines on the report focused on the dramatic decrease in … Read more
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 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
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