The Source for Cyber Insurance News, Insights and Data
Guy Carpenter, the global risk and reinsurance specialist under the Marsh McLennan umbrella, has taken steps to address the volatility of cyber risks with the launch of its groundbreaking product, CatStop+. This cyber reinsurance offering combines low-attaching cyber event coverage with the proven mechanics and attritional protection of aggregate stop loss. The innovative structure of … Read more
As usual, a few items from the week. Some we reported on, and others we found interesting. Plenty of cyber insurance news for small and medium enterprises and something for the individual; AXA XL and CFC add to their ranks, and Clorox and Johnson Controls detail the costs of cyberattacks. There’s more than that, so … Read more
In the ever-evolving digital landscape, small and medium-sized enterprises (SMEs) grapple with significant cyber risks. Recognizing the pressing need to safeguard businesses from cyber threats, WTW, a leading global advisory, broking, and solutions company, has strategically partnered with leading cyber insurance carriers serving SMEs in North America. This innovative cyber solution caters to businesses with … Read more
As usual, a few items from the week. Gutherie County, Iowa, sorts its cyber insurance; Gen Z or Boomers, who is better at cybersecurity?; And a court ruling in Southwest Airlines’ massive 2016 computer failure. Sunday’s newsletter is a wide, deep bucket of cyber insurance, cybersecurity, and more. Some we reported on, and others we … Read more
A recent study by Recast Software and Ponemon Institute found the cybersecurity insurance market is witnessing a significant uptick in demand. This rise comes as the scale and cost of cyberattacks continue to rise. The study, conducted in the Fall of 2023, revealed that 41% of organizations experienced a surge in cybersecurity incidents. That prompted … Read more