The Source for Cyber Insurance News, Insights and Data
In a significant development for the cyber risk management sector, KYND, a pioneer in cyber risk management technologies, has announced a major investment. This financial backing comes from Verisk, a global leader in data analytics and technology, alongside continued support from BGF, a growth capital investor in the UK and Ireland. Founded in 2018 by … Read more
In response to the escalating tide of privacy-related claims flooding the cyber insurance industry, CyRisk Inc. has unveiled its Privacy Risk Insights platform. The platform, designed to revolutionize cyber risk management and data analytics, aims to equip insurers and policyholders with advanced tools to navigate the complex terrain of privacy risks. CyRisk’s announcement comes amidst … Read more
Cybercrime costs the world’s economy trillions of dollars a year. Some research projects that figure to reach a staggering $10.5 trillion by 2025. As a result, the demand for robust cybersecurity and insurance solutions is skyrocketing. Recognizing this critical need, Great American Insurance Group announced the appointment of Laura A. True as Divisional Vice President … Read more
Insightace Analytic Pvt. Ltd.’s latest research reveals that the global cyber insurance market, valued at $13.54 billion in 2022, is set to skyrocket to $91.22 billion by 2031. With cyber threats on the rise, the demand for cyber insurance is growing rapidly, driven by increased online activity and regulatory efforts to bolster defenses. Key players … Read more
Another Sunday and a new installment of the Cyber Insurance Sunday – Upload. A few interesting items from the week. Some we reported on, and others we found interesting. Deepfakes and video calls and $25 million, beware that electric toothbrush hack, and half of the French population facing a data dilemma. There’s more than that, … Read more