The Source for Cyber Insurance News, Insights and Data
Data breaches, often triggered by human error, not only compromise security but also bring significant emotional distress and financial impacts to the employees involved. The stress and guilt stemming from these incidents can affect productivity and well-being, leading to a tangible cost for businesses. In response, Berkley Cyber Risk Solutions, a division of the Berkley … Read more
Resilience has updated its cyber risk solutions, introducing new features that enhance its cyber insurance and risk management services. Following the release of Technology Errors and Omissions (E&O) coverage earlier this year, the company has added two new tools to its offerings: the Breach & Attack Simulation (BAS) and the Cyber Risk Profile Builder. The … Read more
Cobalt, a leader in Pentest as a Service (PtaaS) and offensive security solutions, has released its 2024 State of Pentesting Report. The report sheds light on the challenges the cybersecurity industry faces as it navigates staffing shortages and the rise of AI-driven threats. The report, which includes analysis from 4,068 pentests, indicates a 21% increase … Read more
CRISIL Limited and Maxxsure have entered into a strategic partnership to enhance technology risk management by incorporating cyber insurance into their services. Announced from New York and Mumbai, this alliance focuses on delivering advisory services and cyber risk insights to help enterprises globally manage and mitigate technology-related risks more effectively. Arul Yagappan, Head of Non-Financial … Read more
CyberCube has partnered with CatX, a digital marketplace that connects (re)insurers and brokers with alternative capital, to enhance CatX’s capabilities in cyber risk analytics. The collaboration aims to improve CatX’s capacity to model and price cyber risks more effectively, thereby supporting brokers and (re)insurers in expanding their capacity bases. The partnership will see the integration … Read more