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Top News about Cyber Insurance
Financial Leaders Warn: Cyber Incidents Now Threaten Investor Confidence In financial services, trust equals capital. Once it’s broken, the path to recovery and restoration of trust can be daunting. Cyber insurance can absorb financial losses. But can it prevent client withdrawals or restore trust after an attack? Nearly nine in ten financial executives say a … Read more
AI Is Reshaping the Cyber Risk Landscape for SMBs A new report from Cork Protection warns that small and medium-sized businesses (SMBs) face an unprecedented wave of AI-driven cyber threats. The report, SMB Cyber Defense 2026, describes a digital landscape where artificial intelligence is being weaponized to automate cyberattacks at machine speed. Once considered secondary … Read more
Cyberwrite has partnered with Navacord Corp. to expand cyber insurance policy adoption across Canada. The collaboration gives Navacord’s brokers access to Cyberwrite’s patented AI-driven cyber risk quantification platform. The partnership equips brokers to help clients measure financial exposure to cyberattacks and secure suitable cyber insurance coverage. “Cyberwrite enables Navacord’s brokers to help their clients quantify … Read more
Resilience has expanded its Technology Errors & Omissions (Tech E&O) coverage for companies earning over $25 million in annual revenue. Tech E&O coverage protects technology companies if their software, service, or product fails and causes a client to lose money. The program, supported by its Lloyd’s coverholder agreement, extends its cyber insurance policy to a … Read more
Nevada expects its $7 million government cyber insurance policy to cover all direct costs of a cyber attack that paralyzed state operations in August, a top official recently told lawmakers. Hack Disrupted Operations & Generated More Attacks The ransomware attack forced the closure of some state offices for two days; disrupted the Department of Motor … Read more