The Source for Cyber Insurance News, Insights and Data
The Co-operative Group is a British operator of retail stores, funeral homes and other businesses. Like Marks and Spencer, another major UK retailer, the Co-op, which generates billion-of-dollars in yearly revenue, has been hit with a major cyber attack. But compared to Marks and Spencer, the Co-op appears to be grossly underinsured for cyber threats. … 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
Cyber insurance growth has stalled after a decade of rapid expansion. So where does the market go from here? That’s the central question of Howden’s new report, Cyber Insurance: Rebooting Growth. The analysis warns that the once red-hot market now faces slowing momentum, even as cyber threats rise. Yet, it also points to new frontiers—especially … Read more
DUAL Europe strengthens Cyber insurance operations with new appointments and a streamlined regional structure across Europe. The company announced leadership changes to reinforce its presence in a rapidly growing cyber market. Strategic Appointments Announced DUAL Europe named Marek Stanislawski as Head of Business Development, Cyber Europe, effective 3 September. Based in Stockholm, Stanislawski will focus … Read more
News Amid 2024 Threat Surge – France spent 2024 on alert as Paris readied the Games and attackers gathered. France’s National Agency for the Security of Information Systems (ANSSI) logged 4,386 cybersecurity events. That represents a 15% over 2023. Intrusions targeted critical infrastructure and Olympics-linked systems drew intensified strikes. The year’s story was “pression” (pressure), … Read more