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Widespread Vendor Risk Among Fintech Leaders SecurityScorecard’s 2025 report reveals a concerning trend: 41.8% of breaches in top fintech firms stem from third-party vendors. An additional 11.9% involve fourth-party suppliers….
Read More “41.8% of Fintech Cybersecurity Breaches Traced to Vendor Risks, Report Finds” »
The Marks & Spencer hack — which might cost the retailer $400 million in profits, erased even more in market cap and could lead to cyber insurance claims of at…
Read More “Cyber Insurance Premiums to Increase after Marks & Spencer Cyber Attack?” »
The hack of British retailer Marks & Spencer could reduce its profits over the coming year by £300m (more than $400 million), according to its recent report of financial results…
Read More “Marks & Spencer Hack Could Cost $400 million; CEO “In Shock”” »
Cyber Insurance Rates Drop Amid Stable Market Conditions The US cyber insurance market saw a 5% average rate decrease in Q4 2024, continuing a trend of pricing stability. Marsh reported…
Read More “US Cyber Insurance Market Sees 5% Rate Decline Amid Evolving Threats” »
Cyber Premiums Drop 6% in 2024 Amid Pricing Weakness According to Fitch Ratings, cyber insurance premiums in the U.S. dropped 6% in 2024, marking a second consecutive year of declines….
Read More “U.S. Cyber Insurance Premiums Decline Again in 2024 | Fitch Market Update” »
“Marsh is uniquely positioned to support clients with the risk and insurance solutions needed at every stage.” Sam Tiltman, Marsh Global Data Center Insurance and Risk Management Services Marsh has…
Read More “Marsh Launches Global Data Center Insurance and Risk Services” »
Google Cloud Grows Cyber Insurance Options and Global Reach Google Cloud has significantly expanded its Risk Protection Program (RPP) in 2025, enabling businesses to better assess, manage, and transfer cyber…
Read More “Google Cloud Expands Cyber Insurance Program with Beazley And Chubb” »
Court Decision Highlights Overlapping Coverage An English court clarified how multiple insurance policies, not just cyber insurance, can apply to a single data breach incident, offering lessons for companies and…
Read More “Data Breach Liability: Court Expands Insurance Coverage in Email Mishap” »
Sophos has partnered with Capsule, a UK-based cyber insurance broker. The plan? Simplify insurance access for small and medium-sized businesses (SMBs) using Sophos cybersecurity solutions through managed service providers (MSPs)….
Read More “New Cyber Insurance Program: Sophos and Capsule Team Up to Support UK MSPs” »
GenAI Surges Ahead, But Security Gaps Widen Thales’ 2025 Data Threat Report reveals that enterprises are embracing generative AI (GenAI) faster than ever. One-third of surveyed organizations report being in…
Read More “GenAI Adoption Outpaces Security: 2025 Data Threat Report Exposes Gaps and Solutions” »