cyber insurance

CYPFER Names Brian Burke as VP to Strengthen Cyber Insurance & Legal Strategy

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CYPFER has named Brian Burke as Vice President (VP) of Insurance & Law Strategy. Burke brings nearly a decade of experience in incident response and cyber insurance. Cybersecurity Incident Response Burke has built strong relationships within the cyber insurance and legal sectors. He has worked with insurers, brokers, and law firms to manage cybersecurity incidents … Read more

New USCG Cybersecurity Rule Targets Maritime Cybersecurity Risks

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The U.S. Coast Guard (USCG) issued a final rule on January 17, 2025, to address cybersecurity threats in the Marine Transportation System (MTS). Effective July 16, 2025, the rule establishes new cybersecurity requirements for U.S.-flagged vessels, Outer Continental Shelf facilities, and onshore facilities regulated under the Maritime Transportation Security Act of 2002 (MTSA). (Summary of … Read more

New At-Bay Email Security Solution to Combat Financial Fraud

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InsurSec provider At-Bay has introduced two email security solutions aimed at reducing financial fraud claims. The new offerings, At-Bay Stance Fraud Defense and At-Bay Stance MDR for Email are designed to prevent email-based fraud, which is responsible for 90% of financial fraud incidents, according to At-Bay data. Financial Fraud on the Rise The Federal Trade … Read more

Cowbell Resiliency Services Launches to Combat AI Cyber Threats

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Adaptive cyber insurance provider Cowbell has launched Cowbell Resiliency Services (CRS) to help U.S. businesses address increasingly sophisticated cyber threats. The new unit provides policyholders with advanced cybersecurity services, including Managed Detection and Response (MDR), Penetration Testing, Cloud Identity Monitoring, and Cybersecurity Training. Cyber Threats Are Escalating AI-driven cyberattacks and geopolitical tensions have increased security risks. The … Read more

Cyber Risk Will Increase in 2025: Insurers Warn of Rising Threats

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According to Woodruff Sawyer & Co.’s annual survey released Monday, 58% of cyber insurers expect cyber risk will increase “slightly” in 2025. This marks an increase from 44% in 2024 but remains lower than 74% in 2023. Cyber insurance rates dropped for many businesses in 2024, with 66% of Woodruff Sawyer clients experiencing cost reductions. … Read more

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