The Leading Source for Cybersecurity Insurance News, Insights and Data
In a strategic move, Millennial Shift Technologies Inc. (mShift) has partnered with CyberCube, a prominent cyber risk analytics platform. The collaboration aims to enhance cyber risk transparency within the small…
Read More “mShift and CyberCube Partner to Enhance Cyber Risk Transparency for SMEs” »
Measured Analytics and Insurance, a leading AI-powered cyber insurance provider, announced its attainment of the Amazon Web Services (AWS) Cyber Insurance Competency. This recognition solidifies Measured as a distinguished AWS…
Read More “Measured Analytics and Insurance Attains AWS Cyber Insurance Competency” »
Cyberattacks are expensive. Cybersecurity is vital. In 2022 for small and medium-sized enterprises (SMEs), the average cost of an attack was $3.6 million, according to IBM’s 2023 Cost of a…
Read More “MAPFRE Partners with Cyberwrite to Enhance Cybersecurity for SME” »
San Francisco-based Coalition, the Active Insurance provider, has appointed Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to its Board of Directors. This strategic move underscores Bäte’s dedication to…
Read More “Oliver Bäte, Allianz CEO, Joins Coalition’s Board of Directors” »
The Global Cyber Insurance Market, valued at US$9.89 billion in 2022, is anticipated to witness a CAGR of 11.7% from 2023 to 2031. That is from a new report by…
Read More “Global Cyber Insurance Market Thrives Amidst Increasing Cyber Threats – Report” »
Global insurance group Howden announced the appointment of Jean Bayon de La Tour as International Head of Cyber. The move marks a significant step in the company’s strategy to meet…
Read More “Howden Appoints Jean Bayon de La Tour as International Head of Cyber” »
A new report from insurtech Resilience, Resilience Midyear 2023 Claims Report, reveals a significant shift in ransomware tactics. Cybercriminals are increasingly targeting larger organizations and employing encryption-less extortion methods. Key…
Read More “Ransomware Tactics Evolve as Cybercriminals Shift Focus to Big Targets” »
In an era dominated by technology, the specter of a cyber catastrophe looms large, posing a threat not fully comprehended. Companies are racing to bolster cyber resilience, and insurers are…
Read More “Navigating the Uncharted Waters of Cyber Catastrophes: Chubb’s Approach” »
Governor Kathy Hochul has proposed cybersecurity regulations for hospitals, backed by a $500 million budget allocation in the FY24 budget. These regulations aim to fortify hospital networks against escalating cyber…
Read More “New York State Mulls Groundbreaking Cybersecurity Regulations for Hospitals” »
Allied Market Research reports that the global cyber insurance market, valued at $12.5 billion in 2022, is poised to skyrocket to $116.7 billion by 2032, showcasing an impressive CAGR of…
Read More “Cyber Insurance Market Skyrockets to $116.7 Billion by 2032” »