The Source for Cyber Insurance News, Insights and Data
Here it is – Your Cyber Insurance Sunday – Upload—a few items from the week. Some we reported on, and others we found interesting. Sports betting gets protection; More solutions for small and medium sized businesses; a look at 144A cyber catastrophe bonds; and healthcare hacks in the news again. There’s more. Take a look. … Read more
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
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
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
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