The Source for Cyber Insurance News, Insights and Data
Canopius Group, the international insurer, has lit up the landscape with its pioneering Cannabis Cyber insurance solution. In a harmonious merger of data defense and ganja growth, the offering offers a cyber safety net to the burgeoning legal cannabis industry in North America. Jenny Soubra, Canopius’ U.S. Head of Cyber and Tech E&O, said, “With … Read more
The report “The State of Cyber Security in the UK 2023” covers a wide range of topics related to cyber security, including the evolving threat landscape, budgetary constraints, the importance of technology and talent, and industry trends. On cyber insurance: The increase in cyber insurance premiums is ranked as the top change over the past … Read more
NetDiligence, a firm specializing in cyber risk readiness and response solutions, has released its thirteenth annual Cyber Claims Study, which provides insights into the real costs of data breaches and other cyber-related incidents from an insurer’s perspective. The study analyzes 9,000 claims spanning the period from 2018 to 2022, with 800 claims from 2022 alone. … Read more
In today’s increasingly digital world, it’s more important than ever to protect yourself and your business from cyber threats. That can prove very difficult. The World Economic Forum finds that 95% of cybersecurity incidents occur due to human error. The impact on individuals and organizations can be deep and lasting. Few people relish having been … Read more
MGM Resorts International’s stock saw a 4.86% increase, closing at $36.48 on Friday. The move was buoyed by news that the company possesses ample cyber insurance to mitigate losses from a recent cyberattack. Over the past month, the stock had suffered a 16% decline. The Las Vegas-based firm projects that the September cyberattack will negatively … Read more