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Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

Cyber Insurance Cost Savings: NIST Framework Adoption Reduces Premiums by 33% for Healthcare Organizations

Posted on March 1, 2024March 1, 2024 By Martin Hinton

Censinet, alongside KLAS Research and other notable healthcare and cybersecurity organizations, unveiled the 2024 Healthcare Cybersecurity Benchmarking Study. This research, which saw participation from over 120 organizations, underscores a collective…

Read More “Cyber Insurance Cost Savings: NIST Framework Adoption Reduces Premiums by 33% for Healthcare Organizations” »

Cyber Insurance for Healthcare, Cyber Insurance Reports

RT Connector Now Offers Cyber Liability Insurance: Solutions for Small Businesses

Posted on February 28, 2024February 28, 2024 By Martin Hinton

In a move to enhance its digital offerings, RT Specialty, the wholesale distribution division of the global insurance firm Ryan Specialty Group, announced the addition of cyber liability insurance coverage…

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Small Business

Resilience Bolsters Cyber Defense with Acquisition of BreachQuest Amid Rising Email Scams

Posted on February 22, 2024February 22, 2024 By Martin Hinton

In a move to fortify its cyber defense capabilities, Resilience, a cyber risk management firm, has acquired BreachQuest, the incident response specialist. The acquisition was announced this week. It marks…

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Cyber Insurance Investments and M&A

An All-in-One Solution for Cyber Insurance and Professional Liability

Posted on January 31, 2024January 31, 2024 By Martin Hinton

Active Insurance provider Coalition has unveiled its latest offering, Miscellaneous Professional Liability (MPL) Insurance. “Instead of going to multiple insurers or working with multiple underwriters, brokers can come to Coalition…

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Personal Cyber Insurance

Booming Third-Party Cyber Liability Insurance Market Sees Global Surge

Posted on January 16, 2024January 16, 2024 By Martin Hinton

In response to the escalating threat of cyber attacks, the Third-Party Cyber Liability Insurance market is experiencing substantial growth worldwide. Organizations, recognizing the critical need for protection, are driving the…

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Cyber Insurance Reports

Lockton Re Bolsters Cyber Insurance Team with Industry Veterans

Posted on January 11, 2024January 11, 2024 By Martin Hinton

Lockton Re, the reinsurance arm of the world’s largest independent insurance broker, welcomes Jacqueline Yeo as Cyber Analytics Lead and Annie Terry as a Broker, focused on cyber risk. Both…

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Cyber Insurance People

Liberty Mutual Strengthens Global Cyber Insurance Team

Posted on January 5, 2024January 5, 2024 By Martin Hinton

Liberty Mutual Insurance Global Risk Solutions has expanded its cyber liability insurance team by appointing Elisabeth Case as Global Product Manager, Cyber. In her new role, Case will oversee cyber…

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Cyber Insurance People

Global Network Encryption Market Surges to USD 8.56B** by 2032 Amid Escalating Cyber Threats and Innovations – Report

Posted on January 3, 2024January 3, 2024 By Martin Hinton

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…

Read More “Global Network Encryption Market Surges to USD 8.56B** by 2032 Amid Escalating Cyber Threats and Innovations – Report” »

Cyber Insurance, Cybersecurity

Travelers Complete Corvus Insurance Acquisition

Posted on January 3, 2024January 3, 2024 By Martin Hinton

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…

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Cyber Insurance

Cyber Insurance Sunday – Upload

Posted on December 31, 2023December 31, 2023 By Martin Hinton

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…

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Cyber Insurance Sunday - Upload

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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