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Top News about Cyber Insurance
New Platform for Cyber Insurance Market – CyberCube has launched Exposure Manager (XM), a platform designed to evaluate cyber risk across entire insurance portfolios. The tool offers quantified exposure data and is already adopted by leading global (re)insurers. Addressing Cyber Risk Gaps Insurers and reinsurers previously relied on static summaries and fragmented views. XM replaces … Read more
The Executive Summary of Arctic Wolf’s 2025 Cyber Insurance Outlook begins with an increasingly common yet no less ominous warning: “The risk of cyber attacks is no longer theoretical; it is a daily operational concern.” The Core Problem: Protection Promised, Protection Denied Many buyers expect broad protection. Claims data tells a tighter story. Only 12% … Read more
Joseph Wright of Blue Team Alpha recently explained on the Cyber Insurance News podcast that incident response planning saves money. “The financial hit multiplies ten to fifteen times beyond what proactive measures would have cost,” Wright said. You can hear that episode here or here. That message now echoes in a major report from Marsh … Read more
We’ve reported that insurance giant Aflac filed an SEC 8-K form in June to disclose that a hacker had used “social engineering” to gain “unauthorized access to its network.” Interestingly, at least for cyber insurance nerds such as us, Aflac did not file an “Item 1.05” 8-K for a “material” cyber event, but rather an … Read more
We’ve long covered the SEC’s regulation requiring public companies to disclose serious cybersecurity incidents in an 8-K filing. See several updates and the text of the cyber disclosure regulation here. A common theme since the rules were released in 2023 has been confusion about when cybersecurity 8-Ks must be filed. The rules seem straightforward on … Read more