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Top News about Cyber Insurance
AI sparks lively debate in cyber insurance circles, delivering both optimism and anxiety. Now, BOXX Insurance fuels the conversation with fresh broker data. BOXX released new findings on how Canadian brokers use artificial intelligence for cyber and technology policies. The survey focused on Ontario brokers and was conducted in November 2025. “Brokers are thoughtfully engaging … Read more
Ransomware crews can cripple a firm in minutes. They can freeze files, block payments, and stop customer service. Digital Minister Liz Lloyd delivered that warning to insurance brokers at BIBA’s manifesto launch. Lloyd set the tone early, saying, “Cyber security is not optional.” She added, “It is foundational to our national security, our economy, and … Read more
By: Dr. Zia Muhammad Businesses face a continual threat of cyberattacks, as recent cyberattacks on critical US infrastructure in the Pittsburgh area and healthcare systems nationwide have shown. These attacks can be sophisticated, persistent, and represent a significant threat to every company in any industry. For those in critical infrastructure, a breach doesn’t just affect their bottom line; it poses severe safety … Read more
Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated. “This new capital injection will enable us to accelerate a model … Read more
A company’s computer system is like a building with many locked doors. Credentials, such as keys and passwords, allow access. When these credentials are compromised, criminals can get in easily and cause problems quickly. This risk is now common in wholesale, retail, and their vendors. Black Kite’s 2026 Wholesale & Retail Report links this danger … Read more