The Source for Cyber Insurance News, Insights and Data
We recently told you how a cyber insurance settlement of $30 million boosted Q1-2025 results for Sonic Automative, which was hit by the ransomware attack last year on CDK Global, provider of software for auto dealerships. Now two more of America’s largest auto dealers have made public filings touching on the hack and their actual … Read more
Coalition, a U.S.-based “Active” cyber insurance provider, is entering the Nordic market with new offerings in Denmark and Sweden. Services are now live in Denmark as of 1 May 2025 and will begin in Sweden on 8 May 2025. “Active Insurance” combines traditional coverage with real-time cyber risk monitoring and prevention tools to help businesses … Read more
Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more
How Do You Manage Your Digital Footprint In the latest episode of the Cyber Insurance News and Information Podcast, host Martin Hinton, Executive Editor at Cyber Insurance News, engages with cybersecurity experts Trinity Davis and Chuck Randolph from 360 Privacy. This insightful conversation highlights cybersecurity’s direct impact on individuals, stressing the critical importance of managing … Read more
Data Breach Costs Soar, Heightening Need for New Solutions Kyndryl has announced new data security services in collaboration with Microsoft. The launch comes as data breaches continue to hammer industries with high costs and rising cybersecurity and cyber insurance challenges. Kyndryl’s new offering, called Kyndryl Consult Data Security Posture Management, uses Microsoft Purview technologies. The … Read more