The Source for Cyber Insurance News, Insights and Data
Cowbell introduces Prime One Tech to UK market Cyber insurance provider Cowbell has launched Prime One Tech, a new product offering professional indemnity and cyber coverage to UK tech companies with annual turnover up to £1 billion. The product offers coverage limits up to £5 million. It targets software, hardware, communications, and tech service firms … Read more
A Timely Launch for a Growing Cyber Risk Landscape As digital transformation accelerates, technology companies face mounting pressure to stay ahead of cybersecurity risks. Recognizing this, Resilience, a global cyber risk management firm, has launched a new Technology Errors and Omissions (Tech E&O) cyber insurance offering for enterprises in the United Kingdom and Europe. The … Read more
UK Government Introduces Stronger Cyber Security Bill The first line delivers a message. “The first duty of this government is to keep its citizens safe,” says UK Secretary of State Peter Kyle, framing cybersecurity as a public safety issue. These words come in a new Policy paper relating to a bill designed to address the … Read more
Despite rising cyber threats and AI adoption, Singapore’s cyber insurance uptake among SMEs is on the decline. A recent QBE report found that just 36% of Singapore’s SMEs report having any cyber coverage, down from 38% last year. At the same time, cyber incidents rose, and awareness of cyber risks fell from 47% to 40%. … Read more
“Quishing (QR Code Phishing) (is a) rapidly growing attack vector, increasing from 0.8% of phishing attempts in 2022 to 12.4% in 2024,” reports Intersys, a UK company that provides cyber risk management services to the insurance sector. Other cyber experts are sounding the same alarm, plus warning of “brushing,” another scam increasingly linked in quishing. The quishing … Read more