The Source for Cyber Insurance News, Insights and Data
Fear is fueling fortunes in the encryption industry. As data breaches and cyber threats explode, the global network encryption market is bracing for a windfall. It is expected to reach a colossal USD 8.56 billion by 2032 (**see note below). This 7.8% annual growth surge signals a desperate scramble for digital shields, leaving no corner … Read more
The Travelers Companies has officially sealed the deal on acquiring Corvus Insurance Holdings, Inc., a cyber liability insurance managing general underwriter known for its cutting-edge proprietary technology. Alan Schnitzer, Chairman and CEO of Travelers, expressed satisfaction with the partnership forged with Corvus over the past year. The completion of the acquisition marks the official integration … Read more
Per usual, a few items from the week. It’s a wide bucket for Sundays, cyber insurance, cybersecurity, and more. Some we reported on, and others we found interesting. Enjoy them and enjoy the day! Happy New Year!
A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a spotlight on the growing threat businesses face from cybercriminals. In a testimonial to our changing times, the research conducted by Aviva found that businesses are … Read more