The Source for Cyber Insurance News, Insights and Data
We’ve reported that human error is often at the root of cybersecurity breaches. From weak passwords to careless clicks, people are the weakest link in cyber defense. And if behavioral psychology can boost sales in legitimate businesses, why not in crime? Like stores use your desire for a bargain to take you from your cash, … Read more
Beazley Security has appointed two senior leadership positions. They will manage its growth and expand operations in key markets. Stephanie Webb will lead sales in the UK and Europe, while Jason Deering will focus on client engagements across the Americas, including the US, Canada, and Latin America. Both will report to Chief Revenue Officer Erin … Read more
Legendary baseball player Yogi Berra once said, “It’s tough to make predictions, especially about the future.” It seems obvious, but predicting the future is risky. At the same time, imagining or anticipating the challenges to come is essential for preparedness and success. In the ever-changing field of cybersecurity, predictions or understanding potential threats help organizations protect … Read more
Insurers face increasing challenges in assessing and underwriting cyber risks. With that reality, relevant news. CyberCube and Penguin Tech have formed a strategic partnership to enhance cyber risk solutions for insurers. The aim? Better understanding, mitigation, and management of cyber threats. CyberCube will integrate its industry-leading cyber risk analytics with solutions Penguin Tech provides to … Read more
Cyber insurance premiums will grow “15% to 20% per year to a total of about $23 billion by the end of 2026, up from about $14 billion at the end of 2023,” estimates S&P Global Ratings report “Cyber Insurance Market Outlook 2025: Cycle Management Will Be Key To Sustaining Profits.” [Don’t tell Swiss Re, which … Read more