The Source for Cyber Insurance News, Insights and Data
Artificial intelligence (AI) is one of the most transformative technologies of our time. With this transformative power comes a number of new and emerging threats that bring cybersecurity and cyber insurance to the forefront. The Beazley Spotlight on Cyber and Technology Risks 2023 report states, “For the insurance industry, working with clients to help them … Read more
In an exclusive interview with PTI, Indian Prime Minister Narendra Modi called for global collaboration to combat cybercrime, which he said is a “growing threat” to all countries. Modi said that cybercrime can be used to fund terrorism, spread misinformation, and disrupt critical infrastructure. “Cybercrime is a growing threat to all countries,” Modi said. “It … Read more
Here at Cyber Insurance News, we focus on just that, Cyber Insurance. But we want to introduce topics and stories adjacent to insurance that focus on helping you understand the scope of the threat cyber crimes present. To that end, most Sundays, we are going to offer something a little outside our focus. But, we … Read more
The global cyber insurance market growth is projected to rise from $16.66 billion in 2023 to $84.62 billion by 2030 according to the IMARC Group. The increasing number of cyberattacks and the need to protect critical assets are some of the key factors driving the growth of the market. The market is segmented by type, … Read more
Recovering from a cyber attack can be costly. But there are many resources to educate you and protect you from the threat and the harm of a cyber security attack. The Federal Trade Commission (FTC) is a good resource for advice. Here are some of their tips on Cyber Insurance protection for small businesses. Cyber … Read more