cyber insurance

KYND and Consilium Forge Alliance to Strengthen Cyber Risk Management in the Insurance Landscape

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In a strategic move to fortify its position in the face of escalating cyber threats, KYND Limited, a leading cyber risk management company, has joined forces with Consilium, the international insurance broker. The collaboration aims to empower Consilium’s insurance brokers with KYND’s cyber risk assessments, facilitating a comprehensive understanding of clients’ exposure. This initiative is … Read more

Global Cyber Insurance Market Set to Reach USD 75.61 Billion by 2032

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According to the latest analysis by Emergen Research, the global cyber insurance market, valued at USD 11.88 billion in 2022, is poised to experience a remarkable revenue CAGR of 20.4% through 2032. The escalating number and sophistication of cyber threats are fueling the surge. These include data breaches, ransomware attacks, and insider threats. The increasing … Read more

Upfort and Arch Insurance Partner to Uplift Cyber Resilience for SMEs

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In a strategic cyber insurance alliance, Upfort and Arch Insurance have joined forces to enhance cyber resilience for small and medium-sized enterprises (SMEs). The collaboration aims to “transform” the cyber insurance landscape by prioritizing broad coverage, competitive pricing, integrated security solutions, and a digital experience through group programs developed with brokers. Cyber insurance premiums are … Read more

New SEC Rule Requires Companies to Report Cyber Incidents, FBI Offers Guidance on Delaying Disclosure

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Starting December 18, 2023, publicly traded companies in the US will be required to disclose material cybersecurity incidents to the Securities and Exchange Commission (SEC). If an organization determines a cyber incident is “material,” the event must be disclosed within four business days. The FBI, working with the Department of Justice, has released guidance for … Read more

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