The Source for Cyber Insurance News, Insights and Data
You’ve seen plenty of reports on how hackers are leveraging AI to commit cyber crimes while insurers are using the technology to improve underwriting and customer service. Now experts report risks from AI are prompting stand-alone cyber insurance policies covering losses by users of the evolving technology, a market Deloitte predicts could grow at a … Read more
Envelop Risk, a data-driven reinsurance and analytics specialist, has launched Envelop Underwriting to unify all its existing cyber underwriting in one strategic framework. This new division encompasses Envelop Risk Bermuda, Envelop at Lloyd’s, and Envelop Risk SPA 1925. Industry veteran Dom Peters joins as CEO of Envelop Underwriting, reporting directly to co-founder and group CEO … Read more
Mulberri has partnered with Qualys to provide exclusive discounts on cyber insurance for eligible Qualys customers. The collaboration aims to help small and medium-sized enterprises (SMEs) protect their digital assets amid rising cyber threats and benefit form cyber insurance. According to recent studies, cyberattacks now affect 68% of organizations annually. These attacks are a significant … Read more
Cybersecurity is no longer an abstract threat; it’s an immediate and pervasive danger keeping the CEO of mid-sized River City Bank, Steve Fleming, up at night. Hackers relentlessly target both large institutions for big payoffs and small to mid-sized businesses as easy prey, making cyber resilience essential for any organization. With cyberattacks expected to cause $10.5 trillion … Read more
Email attacks are surging, hitting businesses hard and exposing a severe paradox: email is both indispensable and dangerously vulnerable. As digital communications fuel daily operations—from sales to financial transactions—organizations can’t just cut back on email to curb security risks. Financial fraud, the most common email-based attack, continues to skyrocket, leaving companies of all sizes scrambling … Read more