Strengthening Critical Infrastructure Security: RKON Expands Cybersecurity Services

Recent cybersecurity incidents have highlighted vulnerabilities in critical industries like healthcare, finance, and manufacturing, where breaches can disrupt services and expose sensitive data. The increasing complexity of cyberattacks has underscored the urgent need for improved security measures, especially for critical infrastructure security. In this environment, RKON Technologies‘ latest acquisition comes at a pivotal time. RKON … Read more

Cyber Insurance Captives and ILS (Insurance-Linked Securities) Cyber Vehicles Multiply in Bermuda: BMA

We’ve discussed other findings from the recent Bermuda Monetary Authority (BMA) report, but we’re also struck by the increase in cyber insurance captives and cyber ILS vehicles documented by the financial regulator. The growth of Cyber Insurance Captives and Cyber ILS (Insurance-Linked Securities) is all related to the growth of reinsurance in the cyber market; … Read more

Inscora Secures $2M to Drive Cyber Insurance for Brokers

Inscora, a Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has secured $2 million in funding. The investment round was spearheaded by Luge Capital, with contributions from Desjardins Capital, Accelia Capital, Inovia Capital, and prominent angel investors from the cybersecurity sector. Co-founded by cybersecurity veterans Gabriel Tremblay, Pierre-David … Read more

Cowbell Secures $60 Million Series C Funding from Zurich Insurance Group

Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has raised $60 million in Series C funding from Zurich Insurance Group. The funding will help Cowbell scale operations, expand internationally, enhance cyber resilience services, and introduce new products. The investment will allow Cowbell to leverage AI and GenerativeAI (GenAI) to optimize its technological … Read more

Brazilian Insurtech Startup Bluecyber Secures $1.5 Million to Expand Cyber Insurance in Latin America

Bluecyber, a Brazilian insurtech focused on cyber insurance, recently announced a significant $1.5 million investment to extend its digital life protection services to SMEs and families across Latin America. This financial backing from venture capital firm Invisto.com.vc and Bossa Invest, together with strategic investors from the insurance domain, marks a vote of confidence in Bluecyber’s … Read more

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