The Source for Cyber Insurance News, Insights and Data
In the first half of 2024, the global landscape of cyber insurance has seen a marked rise in both the frequency and severity of cyber claims, driven by increasing data breaches and privacy violations. According to Allianz Commercial’s 2024 Cybersecurity Resilience report, large cyber claims — defined as those exceeding €1 million — rose 14% … Read more
The San Diego County Civil Grand Jury exists to “represent the citizens of San Diego County by investigating, evaluating, and reporting on the actions of local government and special districts.” Its new report gauges efforts by the San Diego County Office of Education (SDCOE) and local school districts to handle cyber security and how they … Read more
It might seem obvious that being mentioned on the dark web increases the risk of a cyberattack, but a new study by Searchlight Cyber, conducted with Marsh McLennan Cyber Risk Intelligence Center, reveals just how strong that correlation is—and the detailed findings offer valuable insights for businesses. The report, The Correlation Between Dark Web Exposure … Read more
What some call the largest IT outage in history was caused by a faulty software update, not a cyber attack. But the team at Broadstone thinks the CrowdStrike debacle this summer will move the cyber liability insurance market anyway. “The CrowdStrike event, along with other recent cyber incidents like MoveIT, Change Healthcare, CDK Global, and … Read more
In the tech world, all the world, to be fair, there’s always a tendency to gravitate toward the “next big thing”—the innovation that promises to revolutionize industries and solve problems. Artificial Intelligence (AI) has captivated tech companies as both a game-changer and a potential risk. The 2024 Tech Risk Index from Embroker paints a picture … Read more