The Source for Cyber Insurance News, Insights and Data
In today’s digital age, cyber threats are a constant reality for businesses of all sizes. A single data breach can have devastating financial consequences, from lost revenue and customer trust to hefty fines and legal fees. That’s why cyber insurance is more important than ever before. A recent survey by Netwrix, a cybersecurity vendor, found … Read more
Cypherleak, a pioneering cyber risk monitoring and scoring startup, has closed a $750,000 seed round. The investors are based in Abu Dhabi, Morocco, and Qatar. This investment will help drive Cypherleak’s expansion across the Middle East and Africa (MENA) region increasing its role in the cyber insurance marketplace. Cypherleak simplifies advanced risk monitoring for smaller … Read more
Consumer brands are known for their efforts to convert young people with the intent of making them life-time customers. BOXX appears to be doing something similar with start-ups. As the cyber insurance market for small-and-medium businesses becomes more competitive, BOXX’s strategy apparently includes signing emerging companies at their early stages. The provider of fused cyber-security … Read more
With cyber threats and their cost increasing globally, Weightmans, a leading UK law firm, has launched CyXcel. The global team of leading cyber specialists working together to help businesses and their insurers build resilience against cyber threats. CyXcel will provide organizations with a 360° view of their exposure to cyber threats, assist them in boosting … Read more
A few days ago we reported this, Cyber Insurance Market Soars. The piece noted, “Approximately 50%, of the Asia-Pacific (APAC) region is poised to witness the most rapid [cyber insurance] expansion in the years to come.” On the back of that news, this report, Canopius expands APAC team Canopius, a specialist insurance underwriter, has announced … Read more