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Lloyd’s has made a strategic investment in cyber technology firm BreachBits through its central innovation fund. This marks the third investment from Lloyd’s Lab alumni, following BreachBits’ participation in the…
Read More “Lloyd’s Invests in BreachBits to Boost Cyber Insurance Innovation” »
According to S&P’s Cyber Risk Insights: Cyber Catastrophe Bonds Offer Greater Scope for Risk Mitigation, the cyber ILS market is poised for significant expansion. With rising demand for cyber insurance,…
Read More “Cyber Catastrophe Bonds Poised for Growth Amid Rising Demand, Says S&P” »
A new report from IANS Research and Artico Search highlights growing dissatisfaction with compensation among cybersecurity professionals, with more than 60% considering a job change in the next year. A…
AXA XL has announced a new partnership with cybersecurity firm Darkweb IQ to strengthen cyber protection for its global cyber insurance clients. This collaboration provides AXA XL clients access to…
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In a world where artificial intelligence has stepped out of sci-fi films and into reality, BforeAI is making waves with its PreCrime™ platform, which sounds like something straight out of…
Read More “BforeAI Secures $10 Million Series B Funding to Enhance PreCrime™ AI Platform” »
You needn’t go far to find market projections of dramatic growth for the cyber insurance industry, such as this recent estimate of 22.60%CAGR from 2022 to 2030. Not so fast…
Read More “Ruh Roh! Swiss Re Predicts Dramatic Decline in Cyber Insurance Growth Rates” »
Tidal Cyber, a Washington, D.C.-based company specializing in Threat-Informed Defense, announced that it has received investments from USAA and Capital One Ventures. USAA provides insurance, banking, investment, and retirement solutions…
Read More “Tidal Cyber Secures Investments from USAA and Capital One Ventures to Support Growth” »
Four companies have settled charges by the Securities and Exchange Commission (SEC) that they made “materially misleading disclosures” after being breached in 2020 by the SolarWinds’ Orion software hack (US…
Blackpanda, a Singaporean company providing cyber emergency response services for businesses, has secured a substantial boost with a US$6.7 million strategic investment round co-led by Singtel Innov8 and Gaw Capital…
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…
Read More “Inscora Secures $2M to Drive Cyber Insurance for Brokers” »