The Source for Cyber Insurance News, Insights and Data
Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated. “This new capital injection will enable us to accelerate a model … Read more
The Middle East faces escalating cyberattacks targeting critical infrastructure, including power grids, oil terminals, and financial networks. Recent research by Fortinet details an Iranian state-backed intrusion into Middle East critical national infrastructure networks. Other industry analysis highlights rising attacks on Middle Eastern oil, gas, utilities, and transport systems that rely on connected technologies, including a … Read more
The Asia-Pacific region now accounts for 34% of global cybercrime incidents in 2024. With that figure in mind, Blackpanda and ST Engineering have announced a regional collaboration on cyber incident response. The agreement links cyber liability insurance with faster breach response for small and mid-sized enterprises across Asia. New Collaboration Targets SME Cyber Risk in … Read more
Major UK Firms Face Tidal Wave of Exposed Logins A new Socura report warns that UK blue chips sit on a powder keg of stolen credentials. Researchers found over 460,000 instances of leaked employee logins tied to FTSE 100 corporate email addresses. That number roughly matches the population of Bristol, UK, or Fresno, CA, in … Read more
The latest UK Government research on national cyber risk opens with a stark warning that sets the tone for the entire report. Officials outline the scale of the threat and link it directly to rising pressure on businesses, regulators, and insurers across the country. “Cyber attacks represent one of the most pressing threats to the … Read more