Cyber Insurance

Top News about Cyber Insurance

LOKKER and Bitsight Join Forces: Privacy Risk Analysis in Cyber Insurance

by

Partnership Targets Growing Need for Privacy Risk Data in Insurance Underwriting LOKKER and Bitsight have partnered to offer privacy risk analysis through Bitsight’s cyber insurance platform. This collaboration aims to equip insurers with tools to evaluate data privacy threats during cyber insurance underwriting. LOKKER’s Privacy Risk Assessment Enhances Underwriting Insight LOKKER’s Privacy Risk Assessment Reports … Read more

Watch Out for “Quishing,” UK Cyber Security Provider Warns the Insurance Industry (and We Add: Beware of “Brushing” Too)

by

“Quishing (QR Code Phishing) (is a) rapidly growing attack vector, increasing from 0.8% of phishing attempts in 2022 to 12.4% in 2024,” reports Intersys, a UK company that provides cyber risk management services to the insurance sector. Other cyber experts are sounding the same alarm, plus warning of “brushing,” another scam increasingly linked in quishing. The quishing … Read more

UK Insurance Market Softens in 2024; Cyber Insurance Sees Major Savings Despite Rising Threats

by

The UK insurance market showed significant softening in 2024, according to Aon’s UK Insurance Market Outlook. The report highlights key factors of insurer profitability, increased market capacity, and intense competition. These resulted in more favorable conditions for buyers across most sectors. Turning to cyber insurance. The UK cyber insurance market emerged as a standout area … Read more

Cloud Outages in 2024 Increased by 18%, Google Cloud Downtime Up 57% – Parametrix

by

Cloud Disruptions Rise Critical cloud outages rose by 18% in 2024, lasting nearly 19% longer than in 2023. Google Cloud experienced a 57% increase in downtime hours. Microsoft Azure improved, reducing downtime by over 20%. At the same time, Amazon Web Services (AWS) remained the most reliable among the top three providers. All this comes … Read more

NordVPN Makes NordProtect a Stand-Alone Service for Online Fraud Protection

by

NordProtect, a digital identity theft protection service from NordVPN, is now available as a stand-alone product in the United States. Previously, it was only accessible through NordVPN’s Prime plan. We have previously reported on credit monitoring, identity theft, Dark Web monitoring, online fraud and extortion, and the growing demand for personal cyber insurance. New Online … Read more

×