AXA XL And Fenix24 Enhance Cyber Insurance with Proactive Cybersecurity Assessments

Adapt To Overcome – This threat is alive. It will mutate and exploit. It is motivated by both chaos and profit. Experts can assess the risks of fire and water using decades of knowledge. You could say they don’t evolve. Cyber attackers do. That makes cyber risk assessment a greater challenge. That’s why cyber insurance … Read more

DynaRisk Raises $4.7M to Power Global Cyber Insurance Expansion

Knowledge Drives Better Protection – That’s the focus behind DynaRisk’s $4.7 million investment round, led by YFM Equity Partners. The London-based cyber risk firm will utilize the funds to accelerate its global expansion and expedite the development of its cybersecurity technology for insurers. Backing Innovation in Cyber Risk Tools Founded in 2016 by former banking … Read more

Will Aflac Reveal More Info on its Hack (& Cyber Insurance) August 5th, Following its Cyber Event 8-K Disclosure Last Month?

Insurance giant Aflac will report its Q2 financial results on August 5th. Although its press release is silent on the topic, it seems likely the company cannot duck providing more detail on the cyber event 8-K it filed with the SEC last month disclosing “unauthorized access to its network.” The company has blamed the penetration … Read more

Cybersecurity or Cyber Security? CIMA and Templar Don’t Care – They’re Securing Europe Either Way

Attend to the Deed, Not The Word – Whether you write it “cyber security” or “cybersecurity,” the threats are real and rising, and two major organisations just joined forces to fight back. The Chartered Institute of Management Accountants (CIMA) has signed a Memorandum of Understanding with Templar Executives to strengthen cyber resilience across Europe’s finance … Read more

Mosaic Launches Cyber and Financial Institutions Insurance for Digital Assets

New Cyber and Financial Institutions Insurance Targets Digital Asset Risk Head-On – Mosaic Insurance has introduced an insurance product designed for digital asset firms, combining cyber and financial institutions (FI) crime protection under one offering. The new product covers cyber liability, technology errors and omissions (E&O), and crime. Clients can choose stand-alone or blended packages. … Read more