cyber insurance

Cyber Insurance Cost Savings: NIST Framework Adoption Reduces Premiums by 33% for Healthcare Organizations

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Censinet, alongside KLAS Research and other notable healthcare and cybersecurity organizations, unveiled the 2024 Healthcare Cybersecurity Benchmarking Study. This research, which saw participation from over 120 organizations, underscores a collective commitment to bolstering cybersecurity defenses within the healthcare sector. A standout revelation from the study highlights a significant financial incentive: organizations aligning with the NIST … Read more

Cyber Insurance-Linked Securities: A New Frontier for Risk Transfer and Investment

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CyberCube’s recent study on cyber catastrophe bonds sheds light on the diversification opportunities within this evolving asset class. The firm’s analysis is of four 144A cyber catastrophe bonds issued in the fourth quarter of 2023. This brought in $415 million of new capital, which is detailed in their white paper, “Digital Ties and Natural Divides: … Read more

RT Connector Now Offers Cyber Liability Insurance: Solutions for Small Businesses

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In a move to enhance its digital offerings, RT Specialty, the wholesale distribution division of the global insurance firm Ryan Specialty Group, announced the addition of cyber liability insurance coverage to its digital platform, RT Connector. This addition broadens RT Connector’s capabilities, making it a notable digital platform for bindable Excess & Surplus (E&S) solutions … Read more

Blumira & Beltex: Strengthening MSPs’ Cyber Insurance Offerings & Client Security

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Facing a growing cybercrime threat, many small and medium-sized businesses (SMBs) lack the resources to protect themselves adequately. However, a new partnership between Blumira and Beltex aims to change the game, offering them a lifeline through enhanced cybersecurity and cyber insurance solutions. This collaboration between Blumira, a frontrunner in security information and event management (SIEM) … Read more

Maxxsure Partners with BIG Cyber to Tackle Cyberattacks in the Booming Sports Betting and Casino Industry

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The booming online sports betting and casino industry just upped its security game. Maxxsure, a leader in cyber risk ratings, has joined forces with BMM Innovation Group’s BIG Cyber, a cybersecurity powerhouse, to revolutionize cyber risk management and insurance analytics in the gaming sector. This strategic partnership signifies a major step forward for the industry’s … Read more

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