The Source for Cyber Insurance News, Insights and Data
The energy, oil/gas and utilities sector has the highest level of cyber insurance coverage, with 97% of surveyed organizations reporting policies (most of them standalone.) The lowest adoption of cyber security coverage is found in the “Central/federal government” and IT, tech and telecom sectors. To be sure, even with the lowest penetration, these two sectors … Read more
Small and medium-sized businesses (SMBs) often struggle to manage their cybersecurity while also running their operations. Recognizing this challenge, Cork Protection, Inc. has announced a strategic partnership with DataStream to streamline cyber insurance policy underwriting and bolster cyber protection for Managed Service Providers (MSPs) and their clients. Paul Guthrie, Managing Director of DataStream, emphasized the … Read more
Small businesses often struggle to secure comprehensive cyber insurance due to limited coverage options and stringent underwriting criteria, leaving many vulnerable to cyber threats. With that in mind, Corvus Insurance has announced several enhancements to its underwriting capabilities and cyber services. These updates aim to expand the company’s reach and better serve its policyholders. For … Read more
Small and medium-sized businesses (SMEs), already juggling numerous demands, now face the added pressure of fortifying their cyber defenses. While cyberattacks pose a serious threat to their financial stability, securing cyber insurance and navigating complex security protocols can be a daunting task for businesses lacking the resources of larger corporations. Enter insurance broker Howden. They … Read more
Guardz, an AI-powered cybersecurity company, has launched a new cyber insurance service specifically for small and medium-sized businesses (SMBs). This service combines active cyber protection with insurance and is available across the United States through Guardz’s network of Managed Service Providers (MSPs). Small businesses often face significant challenges in adapting to the increasing cyber-attack threat … Read more