Marsh McLennan and Zurich Call for Public-Private Collaboration to Tackle Cybersecurity Gaps

Throughout history, governments and private sectors have joined forces to manage threats that surpass the capacity of either to handle alone. From pooling resources to address nuclear risks under the U.S. Price-Anderson Act of 1957, to the establishment of the National Flood Insurance Program in 1968, and the Terrorism Risk Insurance Act following the September … Read more

A Hurricane of Cyber Insurance – Report

Natural disasters are easy to comprehend because the damage is visible, tangible, and emotionally striking; you can see the devastation and read the stories of lives lost. Cyberattacks, by contrast, lack this visceral impact—they unfold silently in digital spaces, often leaving no physical trace. But while they may seem less dramatic, cyber threats are no … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: RPS with a Mea Culpa; Netwrix heads to class; The Paris-based cybercrime unit behind Telegram founder’s arrest; Lumen Technologies looks at “Volt Typhoon.” There’s more. Take a look. Share it. Enjoy the … Read more

Mea Culpa from RPS: Cyber Insurance Prices Not Going Up as Expected

We’re fans of research from RPS/Risk Placement Services, the brokerage and MGA. Early this year, the firm predicted a correction in cyber pricing driven by factors such as increased fraud perpetrated by AI. But in its 2024 Q3 Cyber Market Update, RPS concedes the “market hardening” and price increases have not yet occurred. “Since the … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: here’s more. At-Bay and Omdia and the value of InsurSec; Corvus with a reminder about ransomware; Skybox with a warning for utility companies; Halliburton faces a possible hack; And a look at … Read more