Sixfold Expands AI Capabilities to Help Insurers Adapt to Growing Cyber Risks

The insurance industry has used artificial intelligence (AI) for years in applications such as risk modeling, data forecasting, claims handling, and contact center operations. Now, Sixfold aims to transform how insurers assess cyber risks, helping them adapt to evolving threats and improve underwriting accuracy. With cyber insurance premiums projected to exceed $20 billion by 2025, … Read more

Trust in Digital Payments: Cyber Scams Erode Consumer Confidence – Chubb Report

“Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.” Warren Buffett’s words ring especially true in today’s digital economy, where trust is the foundation of all enduring business relationships, large and small. In the rapidly growing world of digital payments, trust is both the lifeblood of … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Searchlight Cyber and Marsh McLennan shine a light in the Dark Web; CFC and Blackpanda grow; Cowbell Examines Insider Threats; OpenText takes on state-sponsored cybercrime; Hospitals, Shipping Ports and Water Treatments plants … Read more

OpenText Report Reveals Cybercrime’s Shift: Nation-States Join Forces with Criminal Gangs

Nations have long been accused of preparing to fight the last war instead of the next, a lesson military strategists like General Douglas MacArthur famously warned about. But in the past and today’s hyper-connected world, the less glamorous yet essential logistical elements—such as the ability to safeguard supply chains—often determine success. The COVID-19 pandemic brought … Read more

The Grand Jury Says: Get Cyber Insurance

The San Diego County Civil Grand Jury exists to “represent the citizens of San Diego County by investigating, evaluating, and reporting on the actions of local government and special districts.” Its new report gauges efforts by the San Diego County Office of Education (SDCOE) and local school districts to handle cyber security and how they … Read more

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