The Source for Cyber Insurance News, Insights and Data
Following Labor Day, the cybersecurity and insurance sectors are abuzz with significant moves to bolster leadership and nurture emerging talent. Resilience, a leading cyber risk solutions provider, has appointed Rebecca Jones as Senior Vice President of Engineering and Jeremy Gittler as Global Head of Claims to drive its continued growth. Meanwhile, NetDiligence® has launched its … Read more
Throughout history, governments and private sectors have joined forces to manage threats that surpass the capacity of either to handle alone. From pooling resources to address nuclear risks under the U.S. Price-Anderson Act of 1957, to the establishment of the National Flood Insurance Program in 1968, and the Terrorism Risk Insurance Act following the September … Read more
In today’s digital landscape, small and medium-sized businesses (SMBs) face growing threats from cyber attacks that could cripple their operations overnight. With limited resources and varying security postures, many SMBs are left vulnerable to catastrophic events that their insurance may not fully cover. A report from Guy Carpenter’s Cyber Center of Excellence and At-Bay, a … Read more
Educational institutions worldwide are confronting a significant escalation in cyberattacks, with 77% of schools and universities reporting incidents within the past 12 months, according to a comprehensive new report from cybersecurity firm Netwrix. This figure represents a notable increase from 69% in 2023, highlighting the growing vulnerability of the education sector in the face of … Read more
With a title like “Ransomware Season Arrives Early,” you might be tempted to crawl back into bed and leave the digital world behind. But before you do, it’s worth reading how serious this season will be. In the second quarter of 2024, global ransomware attacks continued escalating, with the Corvus Insurance report identifying 1,248 victims. … Read more