Cyber Insurance

Top News about Cyber Insurance

Tidal Cyber Secures Investments from USAA and Capital One Ventures to Support Growth

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Tidal Cyber, a Washington, D.C.-based company specializing in Threat-Informed Defense, announced that it has received investments from USAA and Capital One Ventures. USAA provides insurance, banking, investment, and retirement solutions for U.S. military members, veterans, and their families. Capital One Ventures invests in data, technology, and financial services startups. The investments aim to support enhancements … Read more

The Hartford and Coalition Form UK Cyber Insurance Partnership

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A recent survey by the UK Home Office reveals that half of UK businesses have experienced cyber security breaches or attacks in the past year, underscoring the escalating digital risks they face. Phishing remains the most prevalent threat, affecting 84% of businesses, while medium and large companies report even higher rates of cyber incidents. As … Read more

AXA XL Launches Tailored Cyber Insurance Endorsement for Construction Industry

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AXA XL launched a new cyber insurance endorsement specifically designed to meet the cybersecurity needs of U.S. construction firms. This innovative endorsement offers enhanced coverage that aligns with the industry’s increasing use of digital tools like 3D models, AI, IoT devices, and supply chain management software—technologies that expose construction companies to unique cyber vulnerabilities. Michelle … Read more

SEC Hits Firms with Millions in Fines for Inadequate Cyber Disclosures; Sparks Dissent on Commission

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Four companies have settled charges by the Securities and Exchange Commission (SEC) that they made “materially misleading disclosures” after being breached in 2020 by the SolarWinds’ Orion software hack (US public companies have been required to disclose material cyber events since last year, see this.) But two of five SEC commissioners dissented on the charges, … Read more

Energy Sector Cybersecurity: Protecting Power Grids, Pipelines, and Critical Infrastructure

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The energy sector powers nearly every facet of modern life, from the moment you flip a light switch to the fuel that propels global industries forward. It’s a sprawling network of interconnected systems—electricity, oil, and natural gas—delivering critical resources through over 6,400 power plants and countless miles of pipelines. The scale is vast, and so … Read more

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