cyber insurance

Arctic Wolf’s 2024 Security Operations Report Highlights Growing Cybersecurity Challenges

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As organizations build higher walls and dig deeper moats to protect themselves, the tide of cyber threats continues to rise, threatening to spill over these defenses. Arctic Wolf, a security operations provider, released its 2024 Security Operations Report today, which explores data and insights gathered from more than 250 trillion security events analyzed by the Arctic … Read more

Cyber Risks Continue to Rise: NetDiligence Releases Latest Cyber Claims Study

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NetDiligence has unveiled its fourteenth annual Cyber Claims Study, offering a comprehensive analysis of over 10,000 cyber insurance claims reported between 2019 and 2023. The report highlights emerging trends in cyber risk across a wide range of industries, focusing on the financial burdens faced by organizations, particularly small to medium-sized enterprises (SMEs). This year’s study, … Read more

Envelop Risk Leverages Its Cyber Tech to Provide Services to Cyber Reinsurance/Insurance Market

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The Company‘s new business unit, Envelop Risk Solutions, will provide technical assistance to reinsurance providers “across the full capital management spectrum, including: cyber underwriting and underwriting strategy, cyber modelling, scenario modelling, capital metrics, cyber market analytics, new product development, threat intelligence, reinsurance operations automation, and global cyber risk forecasting.” “We have developed advanced capabilities to … Read more

Cyber Insurance Captives and ILS (Insurance-Linked Securities) Cyber Vehicles Multiply in Bermuda: BMA

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We’ve discussed other findings from the recent Bermuda Monetary Authority (BMA) report, but we’re also struck by the increase in cyber insurance captives and cyber ILS vehicles documented by the financial regulator. The growth of Cyber Insurance Captives and Cyber ILS (Insurance-Linked Securities) is all related to the growth of reinsurance in the cyber market; … Read more

Cyber Insurance Sunday – Upload

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Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Delinea on the importance of Identity; Coalition grows; Bermuda Monetary Authority with a must-read report; Hartford Steam Boiler’s personal cyber insurance; A concerning report on Britian’s National Crime Agency (NCA); And a … Read more

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