The Source for Cyber Insurance News, Insights and Data
In an age where digital threats loom larger by the day, the cyber insurance market stands as a crucial bastion of defense for businesses worldwide. Two recent reports, one from the IMARC Group and another from Allied Market Research showcasing research up to 2032, offer a comprehensive look into the cyber insurance landscape. Each highlights … Read more
Censinet, alongside KLAS Research and other notable healthcare and cybersecurity organizations, unveiled the 2024 Healthcare Cybersecurity Benchmarking Study. This research, which saw participation from over 120 organizations, underscores a collective commitment to bolstering cybersecurity defenses within the healthcare sector. A standout revelation from the study highlights a significant financial incentive: organizations aligning with the NIST … Read more
Chubb and the National Center for the Middle Market (NCMM) have unveiled an engaging glimpse into the financial performance of middle market companies. The insights gained are thanks to the 2023 Year-End Middle Market Indicator (MMI), which surveyed 1,000 executives. These companies are essential contributors to the U.S. economy. They are navigating through a period … Read more
Insightace Analytic Pvt. Ltd.’s latest research reveals that the global cyber insurance market, valued at $13.54 billion in 2022, is set to skyrocket to $91.22 billion by 2031. With cyber threats on the rise, the demand for cyber insurance is growing rapidly, driven by increased online activity and regulatory efforts to bolster defenses. Key players … Read more
The useful new 2024 US Cyber Outlook Report from Risk Placement Services (RPS) notes that carriers reduced premiums, increased limits and softened requirements for some cyber controls when ransomware losses declined last year. But this “buyer’s market” is unlikely to continue, predicts Steve Robinson, national cyber practice leader at RPS and his team. “The cycle between hard … Read more