The Source for Cyber Insurance News, Insights and Data
Cyber risk once lived in a traffic-light chart. Red, amber, and green told the board very little. That era is closing. A new FAIR Institute report shows companies now putting hard numbers on cyber risk. Many express it in dollars and euros. For underwriters and brokers, cyber risk quantification (CRQ) is becoming the shared language … Read more
Private equity runs on risk. Firms buy, fix, and sell companies at speed. Every edge matters in that race. Cyber exposure now threatens those returns. Controlling it hands a firm a real advantage. Resilience built a new program around that logic. It launched a cyber risk program for private equity firms. The offering manages cyber … Read more
Imagine you’ve just completed three acquisitions in a year and a half. Now your CFO is asking for a cyber risk management update for the board, but your security team is overwhelmed with manual assessments across many business units. No one can agree on the total exposure. This is exactly the challenge Resilience Arc aims … Read more
Picture your insurer reaching out before a breach happens, not just after. That’s the approach AXA XL is taking. The global specialty insurer has launched a new Prevention Business Unit, its fifth major division. The idea is straightforward: the best claim is the one that never occurs. Libby Benet, AXA XL’s Global Chief Underwriting Officer, … Read more
The End of Era Most third-party risk programs focus on tracking activity instead of improving safety. Vendors fill out questionnaires, and teams submit reports, but the real risks often remain. TrustCloud created a new version of TrustLens to break this pattern by using ongoing, evidence-based data that stands up to review. This announcement comes at … Read more