The Source for Cyber Insurance News, Insights and Data
Marsh has ranked cyber risk as the number one concern facing organizations worldwide. The finding comes from the firm’s 2026 People Risk report. The report draws on responses from 4,517 HR and risk professionals across 26 markets. Its timing is significant. Just two months earlier, Operation Epic Fury, the joint US-Israel military strike on Iran, … Read more
War used to have a front line. Armies crossed borders. Ships blockaded ports. Factories burned. The economic damage was visible, measurable, and contained by geography. That world is gone. Today, a state-sponsored attack can cross every border simultaneously, hit thousands of businesses at once, and leave no physical trace. Supply chains fracture. Payment systems fail. … Read more
The cyber insurance and cybersecurity markets are known for their buzzwords, which are often defined differently by various stakeholders. “Cyber warfare” is often used to describe attacks aiming at military or strategic impact, as opposed to hacks designed to steal money. A new market research report asserts this market represents app. $26.6 billion in spending … Read more
New Cyber Product Targets Gaps Left by War Exclusions Markel Insurance introduced a cyber insurance product that offers coverage for indirect losses caused by acts of war. The product provides up to $5 million in coverage per risk, filling gaps left by cyber insurance war exclusions. Chris Burgess, Director of Cyber at Markel International, said, … Read more
Cyber insurance professionals well remember the market shake up and debate a year ago when Lloyd’s Market Association announced model cyber war clauses. As we reported, the announcement led to market confusion, claims such an attack could cost trillions of dollars, push back about such dramatic reports on the cost of cyber war and growing … Read more