The Source for Cyber Insurance News, Insights and Data
Sometimes, words catch your eye and mind. Why? Because they efficiently frame the reality. Today, I read “cyber driven panic paralysis” in relation to cybersecurity and small and medium-sized businesses (SMBs). It encapsulates the way many small business owners feel about the cybersecurity and insurance landscape. These words were found on the Proaxiom website. In … Read more
In the cybersecurity battlefield where size matters, small and medium businesses (SMBs) are taking the brunt of relentless ransomware assaults. Shockingly, these nimble enterprises are three times more likely to be in the crosshairs of cybercriminals compared to their larger counterparts. The toll? A staggering $2.4 billion in losses was incurred by SMBs in 2021 … Read more
In a bid to bolster cybersecurity resilience among small and midsize enterprises (SMEs), Measured Analytics and Insurance (Measured) has unveiled a strategic alliance with KnowBe4, a leading provider of security awareness training and simulated phishing platforms. The collaboration seeks to integrate Measured’s AI-powered cyber risk management with KnowBe4’s acclaimed security training programs. The result? A … Read more
Global cyber insurtech leader BOXX Insurance has partnered with AXA to introduce a new cyber insurance risk prevention solution for small businesses. The collaboration aims to strengthen small enterprises against the increasing cyber-attack threats by providing a comprehensive suite of proactive measures. Acknowledging the challenges small businesses face in obtaining robust cybersecurity support, BOXX Insurance … Read more
In the ever-evolving digital landscape, small and medium-sized enterprises (SMEs) grapple with significant cyber risks. Recognizing the pressing need to safeguard businesses from cyber threats, WTW, a leading global advisory, broking, and solutions company, has strategically partnered with leading cyber insurance carriers serving SMEs in North America. This innovative cyber solution caters to businesses with … Read more