The Source for Cyber Insurance News, Insights and Data
New AI Security Solution Addresses Lateral Movement and Wire Fraud Risks Following our recent reports on AI-driven cyberattacks, Cowbell has introduced IdentityAI, an AI-powered tool designed to detect and mitigate identity-based threats. This solution aims to address the growing risks of business email compromise (BEC), lateral movement, and fraudulent wire transactions—issues that have led to … Read more
Report Highlights How Businesses Can Reduce Cyber Risk as Threats Persist Coalition, an active insurance provider, has released its Cyber Threat Index 2025, shedding light on the dominant cybersecurity threats from 2024 and what to expect in the coming year. The report reveals that most ransomware incidents in 2024 began with compromised virtual private networks … Read more
The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services (RPS) highlights key trends shaping the market in early 2025. It touches on cybersecurity, data breaches, ransomware, AI-powered cyberattacks, and AI as a defensive tool, … Read more
New Partnership Aims to Enhance Cyber Risk Management CyberSecOp, a Managed Security Services Provider, has partnered with Risk Strategies, a North American specialty insurance brokerage firm, to offer enhanced cybersecurity and insurance solutions. The partnership provides CyberSecOp clients with access to customized cyber insurance policies based on their security program’s maturity. Clients to Benefit from … Read more
AXA XL has announced a new partnership with cybersecurity firm Darkweb IQ to strengthen cyber protection for its global cyber insurance clients. This collaboration provides AXA XL clients access to Darkweb IQ’s services at preferential rates. Strengthening Cybersecurity Measures Tim Smit, AXA XL’s Global Head of Cyber Risk Strategies and Partnership Programs, emphasized the importance … Read more