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Top News about Cyber Insurance
No Time Like The Present – How does the saying go? “Timing is everything,” and “Never let a crisis go to waste.” These ideas may have echoed in the C-suite at Markel as they launched this pre-loss services initiative. In the wake of the Marks & Spencer and Co-op hacks, UK business leaders are (better … Read more
When 2% is a lot – Two percent might not sound like much. That’s until you realize it’s 287 global companies. It’s not a rounding error. That’s a buffet for Scattered Spider, which has reemerged as a significant cyber threat in 2025. The group now poses a serious challenge for cyber (re)insurance portfolios. This analysis, … Read more
Ransomware Payments Persist Amid Decline in Demands It’s a strange pact, new and yet as old as time. A deal with the devil. Not a deal forged in fire but in fiber optics. A deal with a digital devil, the ransom is paid, and business goes on. A new report from cybersecurity firm Sophos reveals … Read more
Cyber Risk Strategy Directors and officers today navigate a relentless storm of cyber threats. Phishing attacks, ransomware demands, and weak cybersecurity controls amplify the cybercrime pressure leaders face daily. The weight of leadership grows heavier as cyber incidents demand constant vigilance. The latest survey by Willis underscores this reality, highlighting evolving global attitudes toward cyber … Read more
Zurich’s Strategic Acquisition of BOXX Insurance Zurich Insurance Group announced today an agreement to acquire BOXX Insurance, a global leader in cyber Insurtech. BOXX operates on five continents, offering cyber insurance and protection. Following the acquisition, BOXX will continue operations independently. Expanding Cyber Protection Globally The acquisition aligns with Zurich’s strategy to expand digital security … Read more