The Source for Cyber Insurance News, Insights and Data
A recent government-commissioned survey reveals significant public concerns about UK cybercrime and fraud (England, Scotland, and Wales). Conducted by Ipsos UK for the Home Office, the research offers insights into public perceptions, victimization experiences, and cyber security behaviors. It found that over half of participants perceive moderate personal risks, with 42% feeling vulnerable to retail … Read more
Willis Towers Watson, WTW (NASDAQ: WTW), has unveiled CyCore Asia. This new cyber insurance solution is tailored for businesses in Singapore and Hong Kong. Collaborating with underwriters QBE Insurance Group and AXA XL, WTW offers primary insurance capacity of up to USD 15 million, addressing growing cybersecurity concerns. The initiative responds to findings from WTW’s … Read more
Arch Insurance has appointed Ezechiel Symenouh as Senior Cyber Underwriter to expand its European cyber insurance operations. Based in Paris, Symenouh will focus on developing the company’s cyber insurance portfolio across France, Benelux, and the Nordic regions. Symenouh brings extensive experience to the role. He joins Arch Insurance (EU) dac (AIEU) from Tokio Marine HCC, … Read more
The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of cybersecurity among its member nations. “The EU Cybersecurity Index scored an average of 62.65/100, reflecting progress but highlighting gaps, particularly in vulnerability disclosure and R&D … Read more
The European Commission has launched “infringement procedures” against a majority of its member states for failing to meet an October deadline to enact EU cyber security regulations. The regulations come in two packages: the NIS2 Directive, aimed at enhancing cyber security and the Critical Entities Resilience (CER) Directive, focused on safeguarding critical infrastructure. “The Commission … Read more