Cyber Insurance Sunday – Upload
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: here’s more. At-Bay and Omdia and the…
Global Ransomware Attacks Surge in Q2 2024: Corvus Insurance Report
With a title like “Ransomware Season Arrives Early,” you might be tempted to crawl back into bed and leave the digital world behind. But before you do, it’s worth reading…
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Cyber Insurance and Proactive Security: A Strategic Synergy for Businesses – At-Bay/ Omdia Report
Cybersecurity incidents have become a major financial burden for businesses worldwide, with losses reaching billions annually. In 2023 alone, the global economy lost an estimated $10.5 trillion due to cybercrime,…
Nearly Nine Out of Ten Utility Companies Hacked in the Last Three Years
A staggering 87% of utility and energy companies have been hacked at least once in the past thirty-six months, according to a Skybox Security study. Despite this alarming statistic, many…
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Cyber Insurance Claims Fall Amidst Rising Cyber Resilience in UK – Databarracks Report
The latest Data Health Check report by Databarracks reveals a marked decline in cyber insurance claims. That indicates a significant shift in the cyber landscape. This finding comes despite the…
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Cohesity Report Highlights Overconfidence in Cyber Resilience Amid Rising Threats
Much like the Dunning-Kruger effect, where individuals overestimate their abilities due to a lack of self-awareness, organizations worldwide fall prey to a similar bias in assessing their cyber resilience. A…
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Stephen Moss Joins Cowbell’s Board of Directors to Strengthen Cyber Insurance Strategy
Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has appointed Stephen Moss to its Board of Directors. Moss, who serves as Group Head of Financial Lines…
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Invisible Threats: How Businesses Are Grappling with Cybersecurity and Intangible Risks in 2024 – Aon Report
In an era where data breaches, cyberattacks, and cybersecurity dominate news, the vulnerabilities associated with intangible assets like intellectual property and artificial intelligence are becoming impossible to ignore. Businesses are…
Cyber Insurance Sunday – Upload
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: We took a look at the $85…
Scammers Eye $85 Trillion: Are Cybersecurity and Cyber Insurance Critical for Seniors?
The headline grabbed you. Words like “Lost,” “Scammers,” “Retirement,” and “Savings” can do that. Adding a number didn’t hurt—”$740,000.” This information recently appeared in a New York Times article about…
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