The Source for Cyber Insurance News, Insights and Data
CyberCube dubbed the recent Amazon Web Services (AWS) outage “Amazonk.” The outage disrupted major platforms, including Snapchat, Fortnite, Roblox, Coinbase, and Venmo. Cyber insurance companies are now assessing the financial fallout, with CyberCube estimating potential losses between $38 million and $581 million. CyberCube’s Analysis Highlights Moderate Loss Ratios CyberCube’s report notes that the outage “is … Read more
We routinely report on cyber insurance market size estimates and related industry studies from various insurance and research companies; see a summary table at the bottom of this post. But two new studies released on the same day (10/23/25) demonstrate the challenges of evaluating this market. One study, Marsh’s Global Insurance Market Index, reports global … Read more
In the latest episode of the Cyber Insurance News & Information Podcast, host Martin Hinton sits down with AI Risk expert Erin Kenneally, founder of Elchemy, to explore one of the most pressing questions in technology and insurance today: What happens when AI fails and who pays for it? The conversation dives deep into AI … Read more
The Biggest Threat: Concentrated Vendor Risk Peter Foster does not hesitate. “The third-party risk is the systemic risk that most underwriters worry about,” he says. “If you compromise 100 to 1,000 companies at a single point of failure, that’s the future risk that’s also here and now.” Foster, Chairman of Willis’ Global FINEX Cyber Solutions, … Read more
Cowbell, a provider of adaptive cyber insurance and specialty coverage for small and mid-sized businesses, announced two senior appointments to accelerate growth in North America and enhance claims operations. Jessica Klipphahn and Stephanie Hewerdine have joined the firm. North America Mid-Market Expansion Jessica Klipphahn joins Cowbell as Head of North America Mid-Market, bringing over 15 … Read more