The Source for Cyber Insurance News, Insights and Data
The Executive Summary of Arctic Wolf’s 2025 Cyber Insurance Outlook begins with an increasingly common yet no less ominous warning: “The risk of cyber attacks is no longer theoretical; it is a daily operational concern.” The Core Problem: Protection Promised, Protection Denied Many buyers expect broad protection. Claims data tells a tighter story. Only 12% … Read more
The Risk Placement Service (RPS) 2025 Cyber Market Outlook reads like a dashboard for the Cyber Insurance Market. Prices cool, capacity swells, and systemic exposures intensify. Vendors sit at the blast radius as incidents cascade across customers. AI accelerates crime and complicates coverage. Steve Robinson, RPS National Cyber Practice Leader, sets the stakes and the … Read more
NOT IF BUT WHEN Cyber risk moves markets and balance sheets. It hits fast and hard. Marks & Spencer forecasts about £300 million in lost operating profit after its April ransomware attack this year. Clorox is suing Cognizant for $380 million over a breach tied to 2023, with the claim filed this year. SK Telecom’s … Read more
The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more
Global Market Poised for Strong Growth – The cyber insurance market is projected to reach USD 73.5 billion by 2033. This estimate is courtesy of new research from the IMARC Group. It stood at USD 14.2 billion in 2024. This growth represents a 17.88% compound annual growth rate (CAGR) over the forecast period. Rising Threats … Read more