Cyber Insurance Claims Report: 86% Of Ransomware Victims Eighty-Six The Idea Of Paying

In the old Popeye cartoons, Wimpy liked to say, “I’ll gladly pay you Tuesday for a hamburger today.” When it comes to ransomware payment, companies seem to be stealing Wimpy’s line and saying, “I’ll gladly pay you Tuesday for your ransomware today.” And just like the cartoon, Tuesday, or “pay day,” never comes. Coalition’s new … Read more

AM Best: Global Cyber Insurance Market Outlook Remains Stable Despite Softening Conditions

Strong demand for cyber coverage and rising SME adoption support a stable outlook – AM Best has reaffirmed its stable outlook for the Global Cyber Insurance Market, citing persistent demand and solid growth drivers. This analysis is based on the newly released report, “Market Segment Outlook: Global Cyber Insurance.” The report notes “systemic risks from … Read more

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