The Source for Cyber Insurance News, Insights and Data
Fulcrum IT Partners, an MSP, calls them “cyber-warranty backed solutions” and is offering the services with the backing of SPECTRA, the Bermuda-based cyber insurance provider. “As part of the new business model, Fulcrum will offer customers a 100 percent cash refund on services impacted by specific cybersecurity incidents, including ransomware, and DDoS attacks. Additionally, Fulcrum … Read more
The booming online sports betting and casino industry just upped its security game. Maxxsure, a leader in cyber risk ratings, has joined forces with BMM Innovation Group’s BIG Cyber, a cybersecurity powerhouse, to revolutionize cyber risk management and insurance analytics in the gaming sector. This strategic partnership signifies a major step forward for the industry’s … Read more
Here it is; Your Cyber Insurance Sunday – Upload—a few items from the week. Some we reported on, and others we found interesting. A $350 million dollar settlement involving Google+, Chubb examines middle market companies; guess what, cyber insurance is on their minds, and a “big leak of data from a Chinese cybersecurity firm has … Read more
Chubb and the National Center for the Middle Market (NCMM) have unveiled an engaging glimpse into the financial performance of middle market companies. The insights gained are thanks to the 2023 Year-End Middle Market Indicator (MMI), which surveyed 1,000 executives. These companies are essential contributors to the U.S. economy. They are navigating through a period … Read more
Interesting tidbit in CyberCube yearly report: “All cyber cat bonds issued in 2023 utilized CyberCube’s model, marking an expansion into CyberCube serving the financial sector.” ILS growth in cyber liability insurance sector will depend on constantly improving risk data.