The Source for Cyber Insurance News, Insights and Data
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
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
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
Global insurance provider CFC has promoted two senior leaders to unify its cyber and proactive security teams worldwide. James Burns Named Global Head of Cyber Insurance CFC has promoted James Burns to Global Head of Cyber, a newly created role. Burns, who has been with CFC for 12 years, has led the company’s cyber strategy … Read more
The RPC Annual Insurance Review 2025 highlights the growing risks in cyber insurance as attacks intensify and insurers adapt to evolving threats. Key issues include rising ransomware incidents, the impact of AI-driven fraud, and increased regulatory scrutiny worldwide. The report assesses significant insurance trends across key international jurisdictions and multiple business lines, covering topics such … Read more