Cyber Insurance

Top News about Cyber Insurance

Spektrum Labs Launches Platform to Deliver Proof of Cyber Resilience

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Provable Cyber Resilience Spektrum Labs has exited stealth with the launch of its AI-powered Fusion platform, introducing a new approach to enterprise cyber resilience verification. The Fusion platform delivers cryptographic proof that cybersecurity, backup, and cyber insurance systems are functioning effectively. It helps Chief Information Security Officers (CISOs) demonstrate that their safeguards work as intended. … Read more

Cyber Insurance Policy Insights: Measuring Breach Risk with The SecurityScorecard BSI

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Cyber Insurance Policy Meets Predictive Analytics Cyber insurers face surging claims and evolving attack patterns. SecurityScorecard’s Breach Susceptibility Indicator (BSI) offers a precise way to measure cyber risk for every cyber insurance policy. The BSI quantifies breach likelihood using verified historical data, enabling insurers to forecast losses more effectively. A Data-Driven Metric for Risk Evaluation … Read more

At-Bay 2025 InsurSec Rankings Reveal Email Security Weaknesses Amid Rising Cyber Insurance Claims

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VPNs from Cisco and Citrix pose the highest ransomware risk, while email-related cyber incidents jumped 30% last year, according to At-Bay’s 2025 InsurSec Rankings Report. The annual study, based on more than 100,000 policy years of claims data, shows that email and remote access together accounted for 90% of cyber insurance claims in 2024. The … Read more

Faction Networks and SUNY Albany Unite to Strengthen Cyber Liability Insurance Research and Cybersecurity Workforce

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Nation Faces Ongoing Cyber Warfare Threats “Most people do not realize that our nation is under attack – indeed ongoing cyber warfare – by hostile nation state actors,” said Geoff Halstead of Faction Networks. The comment highlighted the urgency of a new cybersecurity and cyber liability insurance partnership between Faction Networks and SUNY Albany’s College … Read more

Cyber Insurance Companies Face Loss Ratio Impact from Amazon Outage

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CyberCube dubbed the recent Amazon Web Services (AWS) outage “Amazonk.” The outage disrupted major platforms, including Snapchat, Fortnite, Roblox, Coinbase, and Venmo. Cyber insurance companies are now assessing the financial fallout, with CyberCube estimating potential losses between $38 million and $581 million. CyberCube’s Analysis Highlights Moderate Loss Ratios CyberCube’s report notes that the outage “is … Read more

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