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Top News about Cyber Insurance
Ransomware Payments Persist Amid Decline in Demands It’s a strange pact, new and yet as old as time. A deal with the devil. Not a deal forged in fire but in fiber optics. A deal with a digital devil, the ransom is paid, and business goes on. A new report from cybersecurity firm Sophos reveals … Read more
Cyber Risk Strategy Directors and officers today navigate a relentless storm of cyber threats. Phishing attacks, ransomware demands, and weak cybersecurity controls amplify the cybercrime pressure leaders face daily. The weight of leadership grows heavier as cyber incidents demand constant vigilance. The latest survey by Willis underscores this reality, highlighting evolving global attitudes toward cyber … Read more
Zurich’s Strategic Acquisition of BOXX Insurance Zurich Insurance Group announced today an agreement to acquire BOXX Insurance, a global leader in cyber Insurtech. BOXX operates on five continents, offering cyber insurance and protection. Following the acquisition, BOXX will continue operations independently. Expanding Cyber Protection Globally The acquisition aligns with Zurich’s strategy to expand digital security … Read more
A Growing Digital Battlefield You know cyberattacks are escalating. Ransomware, phishing, and supply chain breaches now pose a significant threat to European corporations, SMEs, and banks. As digitization deepens and third-party service reliance grows, organizations face heightened exposure. Morningstar DBRS warns that this cyber vulnerability spans every industry. But the report notes cyber insurance is … Read more
Survey Reveals Widespread Vulnerabilities in Rural Hospitals Hospitals and healthcare providers across the United States face growing risks from cyberattacks that can disrupt patient care, expose sensitive data, and drain financial resources. As cybercriminals target outdated systems and under-resourced IT departments, many facilities, particularly small and rural ones, struggle to keep up. A new report … Read more