The Source for Cyber Insurance News, Insights and Data
The big fish get the headlines, such as MGM, Marks & Spencer, and Jaguar. But cybercriminals aren’t skipping the small fry and tools like Artificial Intelligence (AI) are just making their lives easier. Reviewing press releases, we noticed one from Zensurance that ties some eye-opening numbers to the risks that small businesses face online, raising … Read more
A modern network works like a high-rise office. Guards secure the lobby doors. Interior floors and suites still need locks. Microsegmentation installs those interior locks across digital hallways. It limits intruder movement and speeds containment when trouble starts. It also improves terms for cyber insurance premiums and is increasingly part of the underwriting process. That … Read more
Trustible and Armilla AI have joined forces to deliver the first integrated AI Risk Coverage and management solution for enterprises. The collaboration combines Trustible’s automated AI governance platform with Armilla’s purpose-built liability insurance for artificial intelligence. End-to-End AI Risk Management The partnership enables regulated industries to govern and insure AI systems within one framework. It … Read more
Corporate leaders continue to underestimate the real cost of cyberattacks. The incident response data tells a painful and expensive story. In Willis’ new Cyber in Focus 2025 report, costs hit staggering heights, betraying a disconnect between perceived cyber readiness and actual cyber resilience: Despite these figures, many executives still express confidence in their cyber readiness. … Read more
Desjardins Insurance has unveiled a new cyber insurance product dubbed CyberSuite Plus. It is designed to protect small and medium-sized enterprises (SMEs) from growing digital risks. According to Statistics Canada, 16% of Canadian businesses experienced cybersecurity incidents in 2023. The rate of cyber attacks jumped to 30% for large companies. These figures, like those from … Read more