Cyber Insurance

Top News about Cyber Insurance

Cyber Risk Insurance: 5 Critical Insights from RAND’s 2025 Report That Demand Federal Action

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Report Urges Federal Action Amid Mounting Digital Threats A new RAND Corporation report warns that America’s cyber insurance market cannot absorb the shock of a catastrophic digital attack. The study “Insuring Catastrophic Cyber Risk” provides a roadmap for federal involvement, highlighting structural insurance failures, systemic IT vulnerabilities, and the rising risks of national-scale cyber incidents. … Read more

Zero Trust Security Could Prevent 31% of Cyber Attacks, Save $465B Globally

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When Familiar Routines Fail: Zero Trust Security and the High Cost of Staying Comfortable Humans cling to the familiar. It’s in our DNA, the instinct to favor the known over the unknown. From choosing the same route to work to resisting new workplace tech, this preference for routine offers comfort, control, and perceived safety. But … Read more

Concierge Cyber Launches InsurePLUS: New Cyber Insurance Policy

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Cyber Insurance Policy Offers $100,000 in Coverage Concierge Cyber has launched Concierge Cyber InsurePLUS™, a standalone cyber insurance policy for small and medium-sized enterprises. Lloyd’s of London backs the policy, which provides eligible members with $100,000 in coverage against cyber incidents. Concierge Cyber My-CHOICE Endorsement Enhances Vendor Flexibility A key feature is the My-CHOICE™ Breach … Read more

Cyber Attacks and AI Disruptions: 2025 Survey Reveals Top Business Concerns

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According to the 2025 Gallagher Business Owners Survey, 72% of business owners are extremely or very concerned about cyber attacks. This figure has risen from 69% in 2024, showing a clear upward trend. In response, 36% of owners want to acquire or expand cyber insurance coverage. This indicates a stronger focus on proactive digital risk … Read more

Cork Protection UKON Partnership Empowers MSPs to Become Cyber Risk Advisors

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Partnership Focuses on Cybersecurity and Insurance Integration Cork Protection and UKON announced a partnership on June 9, 2025, aimed at transforming Managed Service Providers (MSPs). The new collaboration enables MSPs to provide businesses with practical advice on cyber risks. MSPs traditionally handle IT support and cybersecurity tasks. The Cork Protection UKON partnership grows the role, … Read more

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