The Source for Cyber Insurance News, Insights and Data
“We’ve come a long way in our journey from the first ever cyber cat bonds, which were private, we’ve now got three 144A cat (catastrophe) bonds out there covering the cyber risks,” said Richard Gray, Head of Third-Party Capital at Beazley in this report from Artemis, a provider of information on insurance catastrophe bonds and … Read more
Invi Grid has been added to the Cowbell Rx cybersecurity marketplace, offering Cowbell Insurance policyholders new options for cloud security tools. The cybersecurity partnership allows discounted access to Invi Grid’s Intelligent Cloud platform. Enhanced Cybersecurity for Policyholders Invi Grid Intelligent Cloud offers solutions focused on Day Zero security and AI/cloud infrastructure governance. The platform lets … Read more
Hyped as the future’s greatest innovation, AI technology is rapidly becoming cybercriminals’ favorite weapon, warns the “2025 AI Threat Report” by KELA. To be fair, the matter of whose future it will innovate leaves much to unfold. Picture AI as a razor-sharp chef’s knife—it can skillfully create gourmet masterpieces. Misused, it can wreak havoc. Cybercriminals, … Read more
Partnership Targets Growing Need for Privacy Risk Data in Insurance Underwriting LOKKER and Bitsight have partnered to offer privacy risk analysis through Bitsight’s cyber insurance platform. This collaboration aims to equip insurers with tools to evaluate data privacy threats during cyber insurance underwriting. LOKKER’s Privacy Risk Assessment Enhances Underwriting Insight LOKKER’s Privacy Risk Assessment Reports … Read more
According to S&P’s Cyber Risk Insights: Cyber Catastrophe Bonds Offer Greater Scope for Risk Mitigation, the cyber ILS market is poised for significant expansion. With rising demand for cyber insurance, interest in cyber insurance-linked securities (ILS) is growing. However, challenges such as policy standardization, investor education, and complex risk modeling may slow its progress. Cyber … Read more