The Source for Cyber Insurance News, Insights and Data
Top News about Cyber Insurance
Desjardins Insurance has unveiled a new cyber insurance product dubbed CyberSuite Plus. It is designed to protect small and medium-sized enterprises (SMEs) from growing digital risks. According to Statistics Canada, 16% of Canadian businesses experienced cybersecurity incidents in 2023. The rate of cyber attacks jumped to 30% for large companies. These figures, like those from … Read more
CFC has launched a new U.S.-based cyber development team, reinforcing its position in the cyber insurance market. The company also expanded its regional footprint through the appointments of John Keebler and Morgan Justice. Keebler joins as National Cyber Development Leader for the USA, operating from Chicago. He will oversee strategic cyber initiatives and broker relationships … Read more
A Global Move In Cyber Risk Management Chaucer has launched Vanguard, a new cyber insurance solution. The product focuses on comprehensive cyber risk management, blending proactive defence with swift response and structured recovery. Cyber resilience is the goal. Integrated Defence Through Technology Partnerships Vanguard’s foundation lies in partnerships with BreachBits, BitSight, DeNexus, Orpheus, CrowdStrike, Kennedys, … Read more
We’ve reported on large companies that were hacked recently but either had no cyber insurance, or were underinsured. Could the Qantas Group (Qantas Airlines) be another one? The company’s board has (modestly) cut executive pay over its June hack, which revealed information on 5.7 million customers, according to the Qantas annual report released last month. … Read more
If you hear “AI Education,” what do you think? Cheating and diminished learning, but a new report raises another issue: cybersecurity. We’ve reported on this issue and the critical role schools play. Keeper Security’s “AI in Schools: Balancing Adoption With Risk” follows that with a clear warning. AI sits in classrooms. Defenses lag. The report … Read more