The Source for Cyber Insurance News, Insights and Data
A new Boston Consulting Group report shows a growing gap between Artifical Inteligence powered attacks and how companies defend against them. The report points to rising losses, more executive worry, and slow investment, even as threats increase. BCG surveyed 500 senior leaders worldwide across different industries and regions to highlight the seriousness of the problem. … Read more
AI adoption is a hot topic across the economy. Defenders use it to harden systems, and attackers use it to scale scams. Zywave’s latest move focuses on process instead of arms race headlines. The insurance technology firm is rolling out Agentic AI agents designed to automate prospecting, research, and outreach workflows for brokers and carriers. … Read more
An employee might find their browser frozen while doing everyday work. A CAPTCHA-style prompt, which is meant to tell humans from bots, appears and says the page failed to load, asking for quick action. The screen tells the user to copy a short command to fix the problem. That one step can put the system … Read more
At 2:13 p.m., the invoice printer jammed, phones kept ringing, and every screen froze at a login prompt. The owner tried their usual password, but it failed repeatedly. In that quiet moment, business stopped, and costs rose. According to Guardz, about half of U.S. SMBs have already faced a cyberattack. Guardz surveyed 800 U.S.-based SMB … Read more
The global cyber insurance market size is positioned for strong long-term growth, but competitive challenges are increasing for re/insuers, according to recent analyses from Market Research Future and S&P Global Ratings. According to a Market Research Future report, the cyber insurance market size is projected to expand from $13.13 billion in 2024 to $126.89 billion … Read more