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“(M)ore than half (54%) of respondents found the current state of the cyber insurance market to be unsustainable,” reports the useful survey from KYND Limited, a provider of cyber risk…
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A new report released by New York State Comptroller Thomas P. DiNapoli today shows that cyberattacks in the state have increased 53% since 2016, jumping from 16,426 incidents in 2016…
Read More “New York Cybercrime Report Shows 53% Increase in Attacks Since 2016” »
The report “The State of Cyber Security in the UK 2023” covers a wide range of topics related to cyber security, including the evolving threat landscape, budgetary constraints, the importance…
India is one of the world’s fastest growing economies. It should come as no surprise that a new Deloitte report asserts that the cyber insurance landscape in India is ready…
Read More “Cyber Insurance In India, Set for Exponential Growth” »
In today’s digital age, cyber threats are a constant reality for businesses of all sizes. A single data breach can have devastating financial consequences, from lost revenue and customer trust…
Read More “Cyber Insurance: A Must-Have for Businesses in the Digital Age” »
In a startling revelation, Coalition, the pioneer in Active Insurance aimed at thwarting digital risks, has released its 2023 Cyber Claims Report: Mid-year Update. The report exposes a harrowing picture…
Read More “Cyber Insurance Claims Soar in 2023: Alarming Trends” »
According to the latest report by IMARC Group, Japan’s cyber insurance market is expected to grow at a compound annual growth rate (CAGR) of 23.10% during 2023-2028. This rapid growth…
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The global Cyber Insurance Market is poised for substantial growth. New research expects it to reach a staggering USD 97.6 billion by 2032. Analysis from Acumen Research and Consulting indicates…
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A new IBM report on data breaches found that the global average cost of a data breach has risen to $4.45 million. This is a 15% jump from 2022. The…
Consistent with other recent reports, S&P Global Ratings finds global cyber insurance premiums surging, about $12 billion last year and headed to almost twice that by 2025. At the same…
Read More “Cyber Insurers Doing Well, Cyber Reinsurers Not So Much: S&P” »