Cyber Insurance

Top News about Cyber Insurance

AI vs. Fraud: How Cybercriminals Exploit Technology & The Future of Fraud Prevention

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Team8’s Latest Report Highlights Emerging Fraud Threats and Strategies for Prevention The battle against fraud is entering a new phase, driven by artificial intelligence (AI) and real-time payments. A new report from Team8, Fraud Exposed: An In-Depth Look at AI and Other Disruptive Trends and Technologies Shaping the Fraud Landscape, outlines the evolving fraud landscape … Read more

SEC Cyber Disclosure Rule Criticized in Recent Reports

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We’ve reported extensively on the SEC cyber disclosure rule that requires public companies to submit 8-K filings when they’re hit with cyber attacks. For some reason, the rule has attracted criticism from several media outlets in recent days. Earlier this week Bloomberg Law provided a critical review (under paywall) of how companies have responded to … Read more

Global Cyber Threats Surge: 5 Billion Attacks Detected in 2024 – Mimecast Report

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Cybercriminals Exploit Trusted Services for Attacks Cybercriminals increasingly exploit legitimate online services to mask their attacks, according to Mimecast’s Global Threat Intelligence Report (H2 2024). The report highlights a rise in phishing, ransomware, and nation-state-backed cyber operations across global cyber threats. Hackers are leveraging platforms like Microsoft’s OneDrive, Google Docs, and Dropbox to host malicious … Read more

Cyber Risks and Rising Costs Put Hong Kong SMEs Under Pressure, QBE Survey Finds

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Cyber Threats Grow as SMEs Reduce Security Investments Hong Kong SMEs face rising cyber risks as businesses scale back security investments, according to the latest QBE Hong Kong SME Survey. The survey, conducted between November 2024 and January 2025, gathered insights from 600 business decision-makers. Cyber incidents have increased from 30% in 2024 to 33% … Read more

Cowbell Joins ABI to Strengthen UK Cyber Insurance Sector

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Cyber Insurance Provider Expands UK Presence Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has joined the Association of British Insurers (ABI). The ABI represents over 300 firms in the insurance and long-term savings industry. It collaborates with UK government bodies, regulators, and consumer organizations to promote industry value and customer … Read more

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