The Source for Cyber Insurance News, Insights and Data
More than a few people have declared that “Information is power.” But that’s the easy part. Getting it is the hard part. In today’s digital landscape, where cyber threats constantly evolve, timely and accurate information is crucial for businesses to understand, mitigate, and ultimately prevent disruptions. Recognizing this, the Cyber Monitoring Centre (CMC) has partnered … Read more
Microsoft’s latest Digital Defense Report highlights an alarming rise in the complexity and scale of cyber threats, urging a collective defense strategy to counter both state-sponsored and criminal attacks. The Digital Defense Report 2024 provides an in-depth overview of the latest changes in the global cybersecurity landscape. The report outlines significant shifts in the nature … Read more
Lloyd’s Syndicate 1176 and Chaucer have partnered to introduce a specialized cyber insurance policy to protect nuclear power plant (NPP) operators from malicious cyber attacks. As cyber threats against the energy sector continue to rise in both number and sophistication, this collaboration aims to address the unique vulnerabilities of nuclear facilities and their critical role … Read more
We often forget what we should remember. The sun rises, the tides ebb and flow, and people make mistakes. “To err is human,” they say. In our rush to embrace new technologies, we overlook a simple truth: people are the heart of any endeavor. This is most evident in cybersecurity and insurance. A recent report … Read more
Check out our detailed report on the cyber insurance lawsuit Fortune 500 company Sinclair Inc. has filed against CCC/CNA and Starr Indemnity, claiming the cyber insurers each owe the broadcaster $10 million for losses from a 2021 ransomware attack. Both insurers deny the allegations, now before a Maryland federal court. But Sinclair’s claims in the … Read more