The Source for Cyber Insurance News, Insights and Data
Fraudulent Wire Transfer: A Constant Threat It shouldn’t need to be said, but here we go. Wire transfer fraud remains a significant risk to businesses and legal teams alike. Already a successful scheme, AI enhancements to the practice seem sure to make the cons more convincing. As a result, the legal and financial exposure associated … Read more
FifthWall Solutions has rebranded to UKON, shifting from a wholesale broker to a cyber insurance marketplace. The company’s mission is to simplify cyber insurance for businesses and offer better risk assessment tools and coverage options. Transition from FifthWall to UKON Founded in 2015 following a cyber breach, FifthWall initially served as a wholesale broker, focusing … Read more
Cyberwrite Enhances Predictive Underwriting Tools Through Markel Deal Cyberwrite has expanded its cyber risk analytics partnership with Markel Insurance. The collaboration now supports advanced cyber underwriting processes across Europe. Markel underwriters utilize Cyberwrite’s AI-based tools to assess and model cyber risk exposures in real time. This helps them communicate findings to brokers and clients more … Read more
How do you not report on royalty when it arrives? Not in Buckingham Palace — but in cybersecurity. Jacqueline Spencer-Sim, dubbed “Risk Royalty,” is joining Cipriani & Werner, marking the law firm’s first hire in the United Kingdom. Spencer-Sim Joins from Hamilton Specialty Group Spencer-Sim brings more than 15 years of experience in cyber risk … Read more
Private Equity Faces Escalating Cybersecurity Risks Private equity firms are navigating an increasing number of cyber risks. These firms manage large volumes of sensitive data. They interact with interconnected networks of portfolio companies and third-party providers. This interconnectedness creates vulnerabilities. If one link in the chain is breached, the entire chain can be at risk. … Read more