The Source for Cyber Insurance News, Insights and Data
The global aluminum and energy company, known as “Hydro,” estimated damages at up to app. USD $74 million. “The company has a robust cyber insurance in place with recognized insurers,” it said in a statement. “The (March) attack affected our entire global organization, with the business area Extruded Solutions having suffered the most significant operational … Read more
ReliaQuest and Aon plc have unveiled a partnership aimed at offering organizations a novel approach to managing cyber risks proactively. This collaboration unites ReliaQuest’s security operations technology with Aon’s experience in cyber risk management, creating a comprehensive service suite to detect, assess, and mitigate cyber threats. The initiative is particularly timely, considering the dynamic challenges … Read more
CyberCube, a cyber risk analytics company, has entered the Dutch market through a partnership with Meijers Assurantiën, a Netherlands-based insurance broker. This marks CyberCube’s first client in the Netherlands and highlights its ongoing expansion into international markets. Meijers Assurantiën, which has grown into one of the largest independent insurance brokers in the Netherlands over fifty … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Upfort and Cowbell making news with people moves. CFC takes on healthcare vulnerabilities. And did a lone cyberhero prevent the hack of all hacks? There’s more. Take a look. … Read more
Munich RE is out with a useful new report, “Cyber Insurance Risks and Trends 2024,” that ranges from commentary on the growth of various cyber risks (ransomware is back) to a bullish projection that the cyber insurance market will reach USD $29 billion by 2027 (see below). The report’s analysis of threats includes the growing … Read more