The Source for Cyber Insurance News, Insights and Data
The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services (RPS) highlights key trends shaping the market in early 2025. It touches on cybersecurity, data breaches, ransomware, AI-powered cyberattacks, and AI as a defensive tool, … Read more
New Partnership Aims to Enhance Cyber Risk Management CyberSecOp, a Managed Security Services Provider, has partnered with Risk Strategies, a North American specialty insurance brokerage firm, to offer enhanced cybersecurity and insurance solutions. The partnership provides CyberSecOp clients with access to customized cyber insurance policies based on their security program’s maturity. Clients to Benefit from … Read more
GitGuardian has released its 2025 State of Secrets Sprawl Report, and the findings are alarming. A 25% increase in leaked credentials year-over-year has pushed the total number of exposed secrets on public GitHub repositories to 23.8 million in 2024 alone. The most shocking statistic: 70% of secrets leaked in 2022 remain active today, highlighting a … Read more
Market Growth and Projections The global cyber insurance market is projected to grow from $10.37 billion in 2023 to $68.35 billion by 2032, with a compound annual growth rate (CAGR) of 22.90%, according to a report by Market Research Future. Increasing cybersecurity threats, regulatory requirements, and digital transformation are key drivers of this growth. Factors … Read more
New Collaboration Aims to Reduce Cyber Risks in Industrial IoT CyberArk, Device Authority, and Microsoft have launched a security solution to improve connected device authentication in manufacturing and secure IoT for manufacturers. The system integrates Zero Trust principles to protect industrial IoT (IIoT) and operational technology (OT) from cyber threats. Are they who they say … Read more