The Source for Cyber Insurance News, Insights and Data
Personal Data: The New Gold in the Criminal Underground Cybercriminals are no longer just stealing data—they’re running a data-driven black market. Europol’s latest Internet Organised Crime Threat Assessment (IOCTA) for 2025, titled “Steal, Deal, Repeat,” pulls back the curtain on a booming digital economy where your stolen identity fuels scams, extortion, and organized crime. Cyber … Read more
Cyberwrite Enhances Predictive Underwriting Tools Through Markel Deal Cyberwrite has expanded its cyber risk analytics partnership with Markel Insurance. The collaboration now supports advanced cyber underwriting processes across Europe. Markel underwriters utilize Cyberwrite’s AI-based tools to assess and model cyber risk exposures in real time. This helps them communicate findings to brokers and clients more … Read more
With total premiums of $1.53 billion this year, the UK cyber insurance market will reach almost $3 billion by 2030, according to a May 2025 Markets and Research report. CAGR of 13.4% in Market The report attributes the growth of the British cybersecurity insurance market to increasing regulations and growing awareness of cyber threats among … Read more
Major UK retailers, including Marks & Spencer and Harrods, have suffered severe cyber attacks in recent weeks. The cliché gloom of “rainy old London town” has rarely felt more literal—or more symbolic—or maybe it’s more digital—than in the wake of recent cyberattacks on UK retailers. As shoppers braved the drizzle outside Harrods and M&S, attackers … Read more
The Marks & Spencer hack — which might cost the retailer $400 million in profits, erased even more in market cap and could lead to cyber insurance claims of at least $133 million — is just one of three recent hacks of large British retailers. “At some point the increase in frequency and severity — … Read more