The Source for Cyber Insurance News, Insights and Data
Real-Time Cyber Risk Exposure Now at Cedants’ Fingertips Coalition Re has launched its new Helios platform to help cedants gain real-time visibility into their cyber risk exposure. Starting July 1, 2025, all new cedants will have access to the platform. Existing cedants can use it now. The Helios platform enables users to track systemic cyber … Read more
Unknowns Hurt More In business and in life, facing the unknown is often worse than dealing with bad news. At least when a threat is known, teams can prepare, budget, and respond. Cybersecurity is no different. As digital threats multiply, many businesses are still in the dark about what those risks mean in financial terms. … Read more
Cloud Disruptions Rise Critical cloud outages rose by 18% in 2024, lasting nearly 19% longer than in 2023. Google Cloud experienced a 57% increase in downtime hours. Microsoft Azure improved, reducing downtime by over 20%. At the same time, Amazon Web Services (AWS) remained the most reliable among the top three providers. All this comes … Read more
Actuaries get teased for what some outsiders see as a boring job. But a new report makes clear that actuaries are increasingly part of the interesting, sometimes even exciting, world of cybersecurity. Nowadays actuaries and cyber insurance increasingly go together, details the report from the UK’s Institute and Faculty of Actuaries (IFoA). Entitled “Actuaries Managing … Read more
The European Commission has launched “infringement procedures” against a majority of its member states for failing to meet an October deadline to enact EU cyber security regulations. The regulations come in two packages: the NIS2 Directive, aimed at enhancing cyber security and the Critical Entities Resilience (CER) Directive, focused on safeguarding critical infrastructure. “The Commission … Read more