The Leading Source for Cybersecurity Insurance News, Insights and Data
Cyber cat bonds issued over the last year are trading above par, “(a)n indication that these bonds are sought after in the secondary market and have not seen spread widening,…
Read More “Cyber Cat Bonds Hold Up in Secondary Market; More Expected” »
Boston-based CyberSaint has successfully raised $21M in Series A funding to fuel its global expansion and further develop its innovative CyberStrong platform. This strategic infusion of capital, led by Riverside…
Ballistic Ventures has closed its second fund, gathering $360 million to fuel innovations in the cybersecurity arena. This development marks a significant milestone in the firm’s commitment to fostering the…
Eye Security has clinched a €36 million Series B funding in a significant move for Europe’s cybersecurity field. The investment was led by J.P. Morgan Growth Equity Partners and supported…
PitchBook reports the market ended 2023 on a low note. “In Q4 2023, insurtech startups generated $1.3 billion across 102 deals, representing declines of 22.3% and 15.7% from Q3,” reports…
Read More “Brutal New Numbers on Insurtech Investment Trends” »
CyberCube’s recent study on cyber catastrophe bonds sheds light on the diversification opportunities within this evolving asset class. The firm’s analysis is of four 144A cyber catastrophe bonds issued in…
Read More “Cyber Insurance-Linked Securities: A New Frontier for Risk Transfer and Investment” »
In a significant development for the cyber risk management sector, KYND, a pioneer in cyber risk management technologies, has announced a major investment. This financial backing comes from Verisk, a…
Read More “KYND Gains Investment to Enhance Cyber Risk Management” »
Formerly known as Paladin Cyber, Upfort has raised $8 million from SYN Ventures, with participation from Eniac Ventures and Fika Ventures (Upfort seed investor). Valuation was not disclosed. The company describes itself as a…
Read More “SYN Ventures Leads $8 million Series A Investment in Upfort” »
Accenture, a global professional services company, has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms of the acquisition were not disclosed. MNEMO Mexico was…
Read More “Accenture Acquires Cybersecurity Firm MNEMO Mexico” »
Insurance and security intertwine. That makes investments in cybersecurity a vital part of the evolving cyber insurance industry. This makes today’s announcement that Strategic Cyber Ventures (SCV) has invested $1…
Read More “Strategic Cyber Ventures Invests $1 Million in Evo Security” »