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Cyber Insurance News

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Cyber Insurance Market Skyrockets to $116.7 Billion by 2032

Posted on November 15, 2023November 15, 2023 By Martin Hinton

Allied Market Research reports that the global cyber insurance market, valued at $12.5 billion in 2022, is poised to skyrocket to $116.7 billion by 2032, showcasing an impressive CAGR of…

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Cyber Insurance Reports

Generative AI to Revolutionize Cyber Insurance – Report

Posted on November 10, 2023November 10, 2023 By Martin Hinton

Measured Analytics and Insurance (Measured AI) has unveiled an intriguing white paper, “How Generative AI Will Transform Cyber Insurance in the Next 24 Months.” This release underscores generative AI’s pivotal…

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Cyber Insurance, Cyber Insurance Reports

Cyber Attacks Leading Cause of Data Loss and IT Downtime – Report

Posted on November 9, 2023November 9, 2023 By Martin Hinton

The Data Health Check 2023 report, released by Databarracks, highlights the growing importance of cyber insurance. Cyber-attacks are now the leading cause of IT downtime and data loss. In 2023,…

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Cyber Insurance Reports

Cyber Insurance Market Set to Grow by $42.81 Billion by 2027

Posted on October 30, 2023October 30, 2023 By Martin Hinton

The global cyber insurance market is expected to grow by $42.81 billion between 2022 and 2027, at a CAGR of 35.92%, according to a new report by Technavio. The market…

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Cyber Insurance Reports

Global Cyber Insurance Market to Grow to $68.17 Billion by 2030

Posted on October 24, 2023October 24, 2023 By Martin Hinton

The global cyber insurance market is projected to grow from $9.35 billion in 2021 to $68.17 billion by 2030, at a CAGR of 24.1%, according to a new report by…

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Cyber Insurance, Cyber Insurance Reports

Cyberattacks on the Rise: Report Reveals Businesses Unprepared

Posted on October 23, 2023October 23, 2023 By Martin Hinton

Hanover Specialty’s new report reveals that small- and mid-sized businesses generally lack preparedness for the increasing threat of a cyberattack, even though they have high confidence in their organization’s cybersecurity…

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Cyber Insurance Reports, Small Business

Maritime Cyber Risk – Shipping “Easy Target”

Posted on October 21, 2023October 21, 2023 By Martin Hinton

The global economy relies heavily on shipping, with over 90% of global trade transported by sea. However, the maritime industry remains an “easy target” for cybercriminals. This cyber risk and…

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Cyber Insurance Reports

Employee Mistakes Lead To Cyber Attacks – Report

Posted on October 20, 2023October 20, 2023 By Martin Hinton

A recent study conducted by QBE Insurance Group has uncovered alarming statistics concerning the susceptibility of businesses to cyber-attacks. The research points to employee errors and inadequate security measures as…

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Cyber Insurance Reports

Cyber Insurance Adoption: The IT Challenge

Posted on October 19, 2023October 19, 2023 By Martin Hinton

CFC, a leading specialist insurance provider in emerging risk and a market leader in cyber insurance, conducted a recent survey revealing that IT departments constitute the biggest obstacle to the…

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Cyber Insurance Reports

Cyber Supply Chain Risks Gain Prominence: Report

Posted on October 19, 2023October 19, 2023 By Martin Hinton

A recent report published by the International Underwriting Association (IUA) and CyberCube has shed light on the increasing significance of supply chain risks within cyber insurance. It underscores the need…

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Cyber Insurance Reports, Cyber Insurance Underwriting

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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