The Source for Cyber Insurance News, Insights and Data
States Step Up on School Cybersecurity as Attacks Surge – K-12 schools across the U.S. face mounting cyber threats. Like businesses, they face an onslaught of ransomware, phishing, and data breaches that disrupt classrooms and community services. A new report highlights how states are moving to close the security gap. School Cyberattacks – A Breach … Read more
Cyberattacks Hit Nearly Half of Portfolio Companies – Almost half of private equity (PE) portfolio companies reported cyber incidents in the past year, many involving ransomware or extortion attempts. PE Cybersecurity and cyber insurance are the focus of the Private Equity Cyber Survey White Paper by QBE, which surveyed 300 risk managers and CISOs at … Read more
Growth Slows Despite Rising Cyber Threats Slowing growth comes to the cyber insurance market, according to Swiss Re’s latest report. That sluggishness comes despite rising global cyber risks. Premium growth has declined from double-digit expansion in 2017–2022 to single-digit growth today. Global premiums are expected to reach USD 15.6 billion in 2025. The compound annual … Read more
Artificial Intelligence (AI) adoption is surging; check that, it has surged and continues to do so. Whether this results in a gold rush or leaves hands full of fool’s gold remains to be seen. Regardless of that, the rush is on, and cybersecurity readiness lags. Delinea’s new report, “AI in Identity Security Demands a New … Read more
New Platform for Cyber Insurance Market – CyberCube has launched Exposure Manager (XM), a platform designed to evaluate cyber risk across entire insurance portfolios. The tool offers quantified exposure data and is already adopted by leading global (re)insurers. Addressing Cyber Risk Gaps Insurers and reinsurers previously relied on static summaries and fragmented views. XM replaces … Read more