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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” »
In the world of cybercrime, few experiences are as frustrating as paying a ransom to recover stolen data only to remain empty-handed. This stark reality is highlighted in the issue…
Read More “1/3 of Ransomware Victims Did Not Recover Data Even After Paying Up” »
Resilience has updated its cyber risk solutions, introducing new features that enhance its cyber insurance and risk management services. Following the release of Technology Errors and Omissions (E&O) coverage earlier…
Read More “Resilience Updates Cyber Risk Solutions with New Loss Prevention Features” »
Cytora has entered into a partnership with cybersecurity firm DynaRisk to enhance insurers’ ability to assess and mitigate cyber risk. Cytora will incorporate DynaRisk’s cyber risk assessment data suite into…
In today’s rapidly evolving cyber threat landscape, businesses face ever-increasing challenges to safeguard their digital assets. Managed Service Providers (MSPs) stand as crucial guardians of their clients’ cybersecurity. However, the…
Read More “Bridge the Compliance Gap: New Tools Empower MSPs to Bolster Cyber Risk Management” »
We’ve reported extensively about the impact of GenAI on the cyber insurance industry, from its use by hackers to predictions it will “revolutionize” the industry. Information Week has some interesting…
Read More “Watch Out for AI Poisoning & Other Practical Tips on AI for Cyber Insurance” »
We’ve reported extensively on the insurance industry’s fear of “cyber war;” debate over exclusions for state-backed, systemic cyber attacks; moves by governments to backstop the cyber insurance industry for massive…
Read More “Fears of Massive Cyber War Losses are Overblown: Catastrophic Risk Expert” »
We’ve reported extensively on the challenges of the cyber insurance industry in modeling systemic risk and the related accumulation risk (insurance risk of multiple, unanticipated claims from the same or…
Read More “You’re Measuring Systemic Risk all Wrong, InsuranceERM Tells Cyber Insurance Industry” »