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Top News about Cyber Insurance
Private Equity Faces Escalating Cybersecurity Risks Private equity firms are navigating an increasing number of cyber risks. These firms manage large volumes of sensitive data. They interact with interconnected networks of portfolio companies and third-party providers. This interconnectedness creates vulnerabilities. If one link in the chain is breached, the entire chain can be at risk. … Read more
With total premiums of $1.53 billion this year, the UK cyber insurance market will reach almost $3 billion by 2030, according to a May 2025 Markets and Research report. CAGR of 13.4% in Market The report attributes the growth of the British cybersecurity insurance market to increasing regulations and growing awareness of cyber threats among … Read more
Major UK retailers, including Marks & Spencer and Harrods, have suffered severe cyber attacks in recent weeks. The cliché gloom of “rainy old London town” has rarely felt more literal—or more symbolic—or maybe it’s more digital—than in the wake of recent cyberattacks on UK retailers. As shoppers braved the drizzle outside Harrods and M&S, attackers … Read more
Expanded Warranty Boosts Cyber Protection Capabilities CISO Global (NASDAQ: CISO) has increased the financial protection offered through its CHECKLIGHT® software. The warranty now covers up to $1 million per incident, with a $1.5 million annual cap per customer. This marks a fourfold increase from the prior $250,000 cap. The expansion, announced on May 29, 2025, … Read more
In Episode #6 of the Cyber Insurance News Podcast, host Martin Hinton sits down with Dan Candee, CEO of Cork Protection, to explore the ever-growing cyber threats faced by small and mid-sized businesses (SMBs). In this wide-ranging conversation, they dive into real-world examples of cyberattacks, the limitations of traditional insurance, and how managed service providers … Read more