The Source for Cyber Insurance News, Insights and Data
Todyl announced an update to its Partner Program, designed to provide Managed Service Providers (MSPs) with additional resources and support to strengthen their cybersecurity capabilities. The revised program aims to help MSPs protect Small and Medium-sized Businesses (SMBs) and Mid-Market companies amid a rise in cyber threats. MSP Cybersecurity Key Features: “Our success is directly … Read more
Data Bridge estimates the “Third Party Cyber Insurance Market” was worth $7.7 billion in 2022 and will reach $39.5 billion (numbers rounded) by 2030—a look at this latest cyber insurance market analysis. This is a less aggressive estimate than some other cyber insurance market analysis, such as IMARC’s projection the market will reach $85 billion … Read more
In espionage, as dramatized in the Mission Impossible movies, masks, and high-tech gadgets are often used to fool security systems into thinking someone is who they are not. In reality, if in a slightly less action-packed style, today’s cyber attackers are doing much the same—using stolen or fake identities to slip past digital defenses and … Read more
The fintech sector has increasingly become a prime target for cybercrime, with U.S. government reports underscoring the sector’s vulnerability due to its heavy reliance on technology and interconnected systems. The Government Accountability Office (GAO) highlights that cyberattacks on financial institutions, including fintechs, have escalated in sophistication, posing significant risks to the industry’s stability. In light … Read more
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: Guy Carpenter and At-Bay look at Cyber CAT modeling for SMBs; CyberCube asks us to consider the hurricane of a cyber attack; Marsh McLennan and Zurich on the need for public-private partnerships … Read more