The Source for Cyber Insurance News, Insights and Data
In the acronym-laden world of cybersecurity, distinguishing KEVs (Known Exploited Vulnerabilities) from CVEs (Common Vulnerabilities and Exposures) isn’t just alphabet soup—it’s critical to your security posture. “Know your KEVs, solve your CVEs” could be the rallying cry, but a new report suggests that not all “critical” vulnerabilities are genuinely urgent. The study by OX Security, … Read more
Strategic Collaboration to Strengthen Cyber Risk Assessment Samsung Fire & Marine Insurance (SFMI) has entered into a strategic partnership with Cyberwrite to bolster its cyber insurance offerings. This collaboration aims to enhance SFMI’s ability to evaluate the likelihood and financial impact of cyber threats across its insurance portfolio. Cyberwrite was selected following a global evaluation … Read more
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. These findings highlight growing systemic risks in the financial supply chain. The study analyzed 250 leading fintech companies. Despite strong internal controls, vendor exposure continues … Read more
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 least $133 million — is just one of three recent hacks of large British retailers. “At some point the increase in frequency and severity — … Read more
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 for the London Stock Exchange. This impact substantially exceeds the initial $133 million cyber insurance claim the company is expected to file. Marks & Spencer … Read more