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Top News about Cyber Insurance
Affluent North Americans say cyber risk worries them most. Yet many still underinsure their digital lives and misjudge the scale of potential losses. The new Chubb 2025 Wealth Report, The Resilient Mindset: Turning Risk Awareness into Advantage, surveys 1,000 wealthy households across the United States and Canada and shows a sharp gap between concern and … Read more
Soft Cyber Market Faces Intensifying Ransomware Risk Ransomware continues to spread while cyber insurance pricing weakens, according to CyberCube’s Global Threat Briefing H2 2025. The report warns that capacity still exceeds demand after three straight years of rate decreases. Competition pushes carriers to relax premiums, limits, and cyber coverage terms. At the same time, threat … Read more
News of data breaches and cyberattacks against large corporations seems to make headlines every week. It’s easy for small business owners to think those stories don’t apply to them, but that assumption can leave them vulnerable. Attackers today use automated tools that scan the internet for potential weak spots. Any business that relies on technology, … Read more
Automation Targets Compliance Cost and Audit Fatigue Rapid7 and HITRUST have formed a strategic partnership that aims to streamline security assurance for regulated sectors. The integration links Rapid7’s Surface Command platform with the HITRUST assurance framework. “With this collaboration, we are now able to benchmark customers against HITRUST, ultimately reducing both the cost and burden … Read more
Risk Appetite Falls as Digital and Property Threats Intensify Affluent families are rethinking their approach to risk. HUB International reports a sharp drop in willingness to assume additional exposure. The report finds that 25% of high-net-worth respondents now accept more risk to reduce premiums. That represents a drop from 39% in 2023, according to HUB’s … Read more