The Source for Cyber Insurance News, Insights and Data
Shopify, the global ecommerce platform, has issued a warning to the millions of companies that use its platform: you better get cyber insurance for small business. “Shopify secures its platform, but you’re responsible for your store’s data. Learn why cyber insurance is essential for protecting your business from data breaches, phishing, and app risks,” the … Read more
At 2:13 p.m., the invoice printer jammed, phones kept ringing, and every screen froze at a login prompt. The owner tried their usual password, but it failed repeatedly. In that quiet moment, business stopped, and costs rose. According to Guardz, about half of U.S. SMBs have already faced a cyberattack. Guardz surveyed 800 U.S.-based SMB … Read more
Imagine the early days of property and casualty insurance. An underwriter might have refused to insure a factory stacked with matches. Yet that same insurer might have escorted the owner to a sprinkler installer to reduce the fire threat and make the risk insurable. That may be a simple, imagined analogy. But cyber insurers now … Read more
Xerox launched the TriShield 360 Cyber Solution, a security platform designed for small and medium-sized businesses (SMBs). The system combines threat detection, continuous monitoring, and cyber insurance for SMBs. Xerox built the offering on Palo Alto Networks Cortex XDR technology and partnered with Lumifi and The Hartford to support incident response and financial protection. “We’re … Read more
Small and medium-sized enterprises (SMEs) are under cyberattack. According to another report, one in three SMBs globally faced downtime exceeding 24 hours after a cyberattack. At the same time, over half lacked dedicated IT security staff. The cumulative effect of these risks has made cyber resilience an urgent priority for smaller organizations. A QBE Hong … Read more