The Leading Source for Cybersecurity Insurance News, Insights and Data
According to the latest analysis by Emergen Research, the global cyber insurance market, valued at USD 11.88 billion in 2022, is poised to experience a remarkable revenue CAGR of 20.4%…
Read More “Global Cyber Insurance Market Set to Reach USD 75.61 Billion by 2032” »
In a strategic cyber insurance alliance, Upfort and Arch Insurance have joined forces to enhance cyber resilience for small and medium-sized enterprises (SMEs). The collaboration aims to “transform” the cyber…
Read More “Upfort and Arch Insurance Partner to Uplift Cyber Resilience for SMEs” »
Just a few items from the week. It’s a wide bucket for Sundays, cyber insurance, cybersecurity, and more. Some we reported on, and others we found interesting. Enjoy the day!…
Starting December 18, 2023, publicly traded companies in the US will be required to disclose material cybersecurity incidents to the Securities and Exchange Commission (SEC). If an organization determines a…
A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a…
Read More “One in Five Businesses Hit by Cyberattacks, Lacking Preparedness” »
Ransomware stalks the factory floor. Claroty, a cyber-physical systems protection company, has released a new study revealing a concerning surge in ransomware attacks within the industrial sector. The research, “The…
Read More “Industrial Sector Hit Hard by Ransomware Rampage” »
To be secure is to be insurable. To be insured is to be secure. In that vein, Chubb has entered into a strategic partnership with NetSPI, a global leader in…
Read More “Chubb Partners with NetSPI to Bolster Cybersecurity Defenses for Policyholders” »
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” »