The Source for Cyber Insurance News, Insights and Data
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: BforeAI looks over the horizon, Mosaic, Incyde Risk and Safe Security make it a trio, The Identity Defined Security Alliance (IDSA) peeks in at Identity Security, and the FBI deals a blow to a botnet. Some we reported … Read more
A new cybersecurity report reveals a stark reality for middle market firms: while cyber insurance coverage is at an all-time high, the persistent threat of ransomware and data breaches demands constant vigilance. RSM US LLP’s report, Middle Market Business Index Special Report: Cybersecurity 2024, was developed in partnership with the U.S. Chamber of Commerce. The … Read more
CFC has announced the appointment of Kelly McGuinness as the new Cyber, Tech, and Professional Liability Development Leader, according to a company announcement. This marks the first major appointment by Kate Della Mora, the newly appointed CEO of CFC Canada. Based in CFC’s new office in Toronto, McGuinness will work closely with Della Mora and … Read more
The Identity Defined Security Alliance (IDSA) has released its “2024 Trends in Identity Security” report, providing an in-depth analysis of the current state and ongoing challenges of identity security. The report, compiled in collaboration with Dimensional Research, surveyed 521 IT security and identity professionals from large organizations across the United States. The findings highlight the … Read more
InsightAce Analytic’s latest research reveals that the global cyber insurance market is on a significant growth trajectory, driven by escalating cybersecurity threats and regulatory mandates. Valued at $16.46 billion in 2023, the market is projected to soar to $90.26 billion by 2031, achieving a compound annual growth rate (CAGR) of 23.94% from 2024 to 2031. … Read more