The Source for Cyber Insurance News, Insights and Data
Private equity moves large sums on short notice. Much of that money still moves on the strength of an email. 6lock wants to change that. Now it has put an insurance policy behind the attempt. The Austin-based Verified Money Movement platform announced coverage of up to $1 million per occurrence for eligible transactions. The policy … Read more
Threat actors are using AI chatbots to negotiate ransoms. Travelers’ Director of Cyber Risk Services says they are not setting the price. They are removing the hours a victim needs to check backups and understand what happened. The pricing decision is still human. The clock is not. Matthew Butler, Director of Cyber Risk Services at … Read more
Half of American finance professionals have let an unusual payment request through, or nearly did, because it appeared to come from someone they trusted. That figure sits at the center of the Yooz 2026 Payment Fraud Readiness Report, published this month. It matters because trust was never a control. It was a shortcut that worked … Read more
Ask a law firm one question before you write the policy. Does it run a cybersecurity program, and what framework does it follow? That is the first thing Jason Griffin, VP of Cybersecurity Services at Integris, would want to know. “Do you have a cybersecurity program, and what is it aligned to?” Griffin said. The … Read more
Business email compromise now costs organizations more than $6 billion a year. That figure, cited by Gartner, marks a threshold that the cyber insurance market cannot ignore. Bitdefender launched GravityZone Extended Email Security on April 15 to address the detection gap that makes BEC so costly. The platform combines gateway filtering with post-delivery monitoring in … Read more