The Source for Cyber Insurance News, Insights and Data
We’ve reported on AON’s new cyber risk report with posts including one on the drop in ransomware payments made by clients of the cyber insurance broker. Another element of the report that struck us as interesting: details on AON’s “Cyber Quotient Evaluation (CyQu), a patented global cyber e-submission platform,” the key part of the broker’s … Read more
Info Stolen! The exposed credentials open “the doors to pretty much any online service imaginable, from Apple, Facebook, and Google, to GitHub, Telegram, and various government services,” reports news site Cybernews on the massive log-in breaches. The site identifies the likely culprits as hacking groups using “infostealers,” malware designed to steal passwords and other data … Read more
Ancient Lessons Inspire Modern Cyber Insurance Fix For millennia, societies have relied on insurance to hedge against uncertainty. Ancient Romans pooled funds for fallen legionnaires. Merchants of old took out “bottomry” loans, which were forgiven if pirate raids sank their ships. Today’s cyber insurance market draws from these deep roots but faces modern challenges. This … Read more
New Cybersecurity Insurance Launched for Battery Storage Market McGill and Partners has introduced a new cybersecurity insurance product for the battery energy storage market. The global specialty insurance broker developed this product to address the increasing risks associated with cyber threats in energy storage systems. Why the Battery Sector Faces Cyber Risks Battery Energy Storage … Read more
Rising Portfolio Risks Drive Need for Strong Cyber Insurance Policy Coverage Private equity sponsors must now prioritize strong cyber insurance policy coverage. According to the law firm Proskauer, 2025 brings increasing portfolio risks from geopolitical instability, inflation, and cybercrime. They warn that legal and operational risks at the portfolio level can have a direct impact … Read more