The Source for Cyber Insurance News, Insights and Data
Court Decision Highlights Overlapping Coverage An English court clarified how multiple insurance policies, not just cyber insurance, can apply to a single data breach incident, offering lessons for companies and brokers about data breach liability. As outlined in a recent A&O Shearman blog, the case revolved around a housing association’s misdirected email in 2020 that … Read more
Sophos has partnered with Capsule, a UK-based cyber insurance broker. The plan? Simplify insurance access for small and medium-sized businesses (SMBs) using Sophos cybersecurity solutions through managed service providers (MSPs). This program addresses the growing demand for cyber insurance and helps SMBs avoid long application processes and complex technical criteria. Chris Bell, senior vice president … Read more
British retailer M&S (Marks and Spencer) is expected to make a cyber insurance claim of around £100 million (app. $133 million) following a hack that forced the company to stop taking onine orders and also exposed customer data, the Financial Times (FT) and other media sources report (paywall may apply.) Allianz & Beazley on Hook … Read more
Retail hacks serve as wake-up call In recent weeks the, Marks & Spencer, Co-op, and Harrods hacks have disrupted payments, deliveries, and day-to-day operations; the UK government has issued a blunt warning: cyberattacks aren’t going away, and artificial intelligence is about to make things worse. Speaking at the CyberUK 2025 conference in Manchester, Cabinet Office Minister Pat … Read more
High-profile cyberattacks on UK retailers are spotlighting the ongoing cyberattack vulnerabilities businesses face. From the Co-op to M&S to the Harrods hack, these crimes are costing firms millions. Beyond stock value, there is also a personal cost, like the couple left without their wedding cake, highlighting cybercrime’s very real human impact. It has been reported … Read more