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Top News about Cyber Insurance
Resisting The New-New-Shiny Thing Is Hard! UpGuard’s new “State of Shadow AI” report lands with a jolt. The study shows widespread use of unapproved Artificial Intelligence at work. “8 out of 10 employees” use unauthorized tools, according to the companion press release. Security leaders participate, too. “68% of security leaders… admit to incorporating unauthorized AI,” … Read more
British retailer Marks & Spencer has started receiving substantial cyber insurance claims payouts from its April cyberattack. “Insurance income proceeds of £100.0m (app. $132 million), in respect of the incident, recorded centrally in adjusted profit,” the Company reported in its November 5th earnings report. But headlines on the report focused on the dramatic decrease in … Read more
Americans lost more than $12.7 billion to identity theft last year, according to the Federal Trade Commission. Behind that staggering number are real people facing frozen bank accounts, negatively impacted credit, and months or even years of stress. The recovery process can be long, but taking immediate action can dramatically cut back on the time … Read more
Corporate security leaders are getting clearer about cyber liability insurance even as they rush toward a passwordless future. According to Portnox’s new report, CISO Perspectives for 2026, chief information security officers (CISOs) are stabilizing their insurance strategies while rethinking identity and access management, zero trust, and artificial intelligence risks. The report, based on responses from … Read more
Email: The Modern Business Lifeline Under Siege From handwritten letters to telegrams and fax machines, business communication has always relied on trust and speed. Email revolutionized that; it is instant, global, and indispensable. But with that dependence comes danger: more than a third of all spam emails are designed to harm, according to VIPRE Security … Read more