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The fusion of cyber insurance with security services is a key trend in the industry, designed to help policy holders achieve and then maintain — after the policy has been purchased — adequate security in the face of ubiquitous and constantly updated cyber threats. Unfortunately, cyber insurance bunding of policies with security services is being … Read more
Unknowns Hurt More In business and in life, facing the unknown is often worse than dealing with bad news. At least when a threat is known, teams can prepare, budget, and respond. Cybersecurity is no different. As digital threats multiply, many businesses are still in the dark about what those risks mean in financial terms. … Read more
New Cyber Product Targets Gaps Left by War Exclusions Markel Insurance introduced a cyber insurance product that offers coverage for indirect losses caused by acts of war. The product provides up to $5 million in coverage per risk, filling gaps left by cyber insurance war exclusions. Chris Burgess, Director of Cyber at Markel International, said, … Read more
A publisher of newspaper and digital news covering 72 markets in 25 states across the U.S., Lee Enterprises (NASDAQ: LEE) experienced a “cyber security incident” in February that had a “significant impact on our quarterly operating results,” including $2 million in expenses for “restoration costs,” according to a release from the company. The company has … Read more
In the latest episode of the Cyber Insurance News Podcast, host and Executive Editor Martin Hinton welcomes William Altman, Head of Cyber Threat Intelligence at CyberCube, for a wide-ranging conversation on the state of cybersecurity in 2025. The episode highlights critical trends in cybersecurity in education, small business vulnerabilities, the dual nature of AI in … Read more