The Source for Cyber Insurance News, Insights and Data
Natural disasters are easy to comprehend because the damage is visible, tangible, and emotionally striking; you can see the devastation and read the stories of lives lost. Cyberattacks, by contrast, lack this visceral impact—they unfold silently in digital spaces, often leaving no physical trace. But while they may seem less dramatic, cyber threats are no … Read more
In today’s digital landscape, small and medium-sized businesses (SMBs) face growing threats from cyber attacks that could cripple their operations overnight. With limited resources and varying security postures, many SMBs are left vulnerable to catastrophic events that their insurance may not fully cover. A report from Guy Carpenter’s Cyber Center of Excellence and At-Bay, a … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: RPS with a Mea Culpa; Netwrix heads to class; The Paris-based cybercrime unit behind Telegram founder’s arrest; Lumen Technologies looks at “Volt Typhoon.” There’s more. Take a look. Share it. Enjoy the … Read more
Educational institutions worldwide are confronting a significant escalation in cyberattacks, with 77% of schools and universities reporting incidents within the past 12 months, according to a comprehensive new report from cybersecurity firm Netwrix. This figure represents a notable increase from 69% in 2023, highlighting the growing vulnerability of the education sector in the face of … Read more
We’re fans of research from RPS/Risk Placement Services, the brokerage and MGA. Early this year, the firm predicted a correction in cyber pricing driven by factors such as increased fraud perpetrated by AI. But in its 2024 Q3 Cyber Market Update, RPS concedes the “market hardening” and price increases have not yet occurred. “Since the … Read more