The Source for Cyber Insurance News, Insights and Data
Training Reduces User-Driven Risk and Insurance Pressure Cyber insurance premiums continue to shift as insurers evaluate human behavior risks. Novbox reports that many clients face potential policy increases of up to 250% when employees lack formal cybersecurity training. The company adopted Acronis Security Awareness Training, powered by Wizer, to address this risk and strengthen client … Read more
Antigen Security has partnered with Integrated Business Systems (IBS) to launch a new Cyber-Insurance Savings Program, helping financial firms reduce their cyber insurance costs. At the same time, they improve resilience against digital threats. Antigen Security’s CEO Steven Legg added, “Together we streamline underwriting and improve claim outcomes while lowering total cost of risk.” Program … Read more
First-Ever In a first-ever, premiums for cybersecurity insurance coverage in the U.S. fell 2.3% in 2024, according to AM Best’s latest report. This marks the first recorded decline since 2015, with total direct premiums written now below $7.1 billion. The loss ratio remained below 50%, suggesting that cyber insurance continues to yield profits. The AM … Read more
With total premiums of $1.53 billion this year, the UK cyber insurance market will reach almost $3 billion by 2030, according to a May 2025 Markets and Research report. CAGR of 13.4% in Market The report attributes the growth of the British cybersecurity insurance market to increasing regulations and growing awareness of cyber threats among … Read more
SailPoint Technologies has released its third-annual “Horizons of Identity Security” report, emphasizing the growing importance of advanced identity security for organizations worldwide. The 2024-2025 report, based on data from 350 global cybersecurity leaders, highlights how mature identity security practices deliver outsized returns on investment by reducing cyber risk, boosting productivity, and unlocking business value. A … Read more