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We recently told you how a cyber insurance settlement of $30 million boosted Q1-2025 results for Sonic Automative, which was hit by the ransomware attack last year on CDK Global,…
Ransomware Attacks Surge Again in 2024 Ransomware attacks rose nearly 20% in 2024, according to At-Bay’s newly released 2025 InsurSec Report. The severity of these cybercrime attacks also jumped 13%….
Read More “Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies” »
A Timely Launch for a Growing Cyber Risk Landscape As digital transformation accelerates, technology companies face mounting pressure to stay ahead of cybersecurity risks. Recognizing this, Resilience, a global cyber…
Read More “New Tech E&O Coverage for UK & EU Firms – Resilience Expands Cyber Risk Solutions” »
The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services…
Read More “Cyber Insurance Market Maturing With “Leveling” Rate Changes – RPS Report” »
CFC has added property damage coverage to its $30 million large line size cyber insurance product. The expansion addresses growing cyber risks affecting physical assets in industries like manufacturing and…
Read More “CFC Adds Property Damage Coverage to $30M Cyber Insurance Product” »