The Source for Cyber Insurance News, Insights and Data
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
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
Cyber insurance is changing fast, and carriers now expect real, working security controls, not just promises on a form. Miss a baseline like MFA or patching, and a single breach can turn into a denied claim plus weeks of downtime. This guide breaks down the seven requirements most insurers look for and shows what happens … Read more
The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more
Adapt To Overcome – This threat is alive. It will mutate and exploit. It is motivated by both chaos and profit. Experts can assess the risks of fire and water using decades of knowledge. You could say they don’t evolve. Cyber attackers do. That makes cyber risk assessment a greater challenge. That’s why cyber insurance … Read more