The Leading Source for Cybersecurity Insurance News, Insights and Data
Willis Towers Watson (WTW) has announced updates to its CyXS global cyber facility to better serve clients as they face escalating cyber threats. As of April 1, 2024, the facility’s…
Read More “WTW Enhances Global Cyber Facility to Meet Increasing Demand” »
In its latest report, Netwrix unveils the stark and growing menace of cyberattacks that have surged over the past year. The 2024 Hybrid Security Trends Report, distilled from a survey…
Read More “Netwrix Reports Sharp Increase in Cyberattacks and Consequent Business Losses” »
Data breaches, often triggered by human error, not only compromise security but also bring significant emotional distress and financial impacts to the employees involved. The stress and guilt stemming from…
Resilience has updated its cyber risk solutions, introducing new features that enhance its cyber insurance and risk management services. Following the release of Technology Errors and Omissions (E&O) coverage earlier…
Read More “Resilience Updates Cyber Risk Solutions with New Loss Prevention Features” »
CRISIL Limited and Maxxsure have entered into a strategic partnership to enhance technology risk management by incorporating cyber insurance into their services. Announced from New York and Mumbai, this alliance…
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Fitch with a look…
Group-IB, a leader in cybersecurity technology, has signed a Memorandum of Understanding (MOU) with Oman-based National Security Services Group L.L.C (NSSG), enhancing cybersecurity capabilities across the Middle East. The announcement…
Read More “Group-IB Partners with NSSG to Bolster Cybersecurity in the Middle East” »
Ariel Re and Hiscox Re & ILS announced the creation of the CyberShock consortium. Based in London, this new initiative is a partnership between Ariel Re, a global reinsurance company…
Coalition, an Active Insurance provider, released its 2024 Cyber Claims Report, revealing that over half of all cyber insurance claims in 2023 were due to email-related fraud. The report, detailing…
Read More “Email Fraud Dominates Cyber Claims in 2023: Coalition Report” »
Zurich North America has announced Kara Higginbotham’s appointment as the Head of Professional Liability and Cyber for U.S. National Accounts. Higginbotham will lead a team of underwriters tasked with serving…