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Top News about Cyber Insurance
When it comes to cybercrime and security, size doesn’t matter—bad actors will take anyone’s hard-earned value for themselves. Small, medium, and large enterprises face risk daily. In a move to combat this reality and the ever-present threat of cybercrime, At-Bay announced the expansion of its Cyber and Tech Errors & Omissions (E&O) coverage. The insurance … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: BforeAI looks over the horizon, Mosaic, Incyde Risk and Safe Security make it a trio, The Identity Defined Security Alliance (IDSA) peeks in at Identity Security, and the FBI deals a blow to a botnet. Some we reported … Read more
InsightAce Analytic’s latest research reveals that the global cyber insurance market is on a significant growth trajectory, driven by escalating cybersecurity threats and regulatory mandates. Valued at $16.46 billion in 2023, the market is projected to soar to $90.26 billion by 2031, achieving a compound annual growth rate (CAGR) of 23.94% from 2024 to 2031. … Read more
Amid an escalating wave of cyber threats targeting the financial sector, Mosaic Insurance, Incyde Risk, and Safe Security have announced a strategic partnership to deliver comprehensive cyber risk management solutions. This collaboration aims to provide financial institutions with a robust defense against growing cyber-attacks. Key Aspects of the Partnership Incyde Risk, specializing in cyber risk … Read more
Trusted Internet, LLC, a Managed Security Service Provider (MSSP) and Managed Detection and Response (MDR) services provider, has announced a new cybersecurity warranty and insurance enhancement to its offerings. Starting today, all MSSP and MDR services will include a $500,000 warranty. This move reflects the company’s commitment to providing reliable security and peace of mind … Read more