The Source for Cyber Insurance News, Insights and Data
Resilience’s 2025 cyber insurance claims data shows that ransomware groups are now focusing on stealing data to gain leverage. Data-suppression extortion rose from 49% in the first half of the year to 65% in the second half. In 57% of attacks, criminals used data theft to get around stronger backups. Infostealers collected over two billion … Read more
Trustify’s new pitch comes in hot with these four words: “significant new revenue stream.” Trustify said Tuesday it has added a Datasurance cyber insurance policy to its Trust365 platform, a move aimed at helping managed service providers (MSPs) and IT service providers sell cyber coverage to small and midsize businesses while opening a new revenue … Read more
A major Lloyd’s broker is doubling down on cyber data as demand heats up. United Insurance Brokers (UIB) said it partnered with CyberCube to roll out Broking Manager and the Prep Module for its global cyber practice. The tools deliver cyber risk quantification and a consistent, data-driven view of cyber exposures. UIB plans to apply … Read more
Deal Targets Middle-Market Cyber Risk Markel is giving eligible U.S. cyber insurance policyholders access to Upfort Shield to curb common attacks. The package adds AI automation, monitoring, training, and endpoint detection and response. The insurer aims to cut claim frequency as carriers tighten renewal standards. Markel said eligible policyholders can activate the tools alongside their … Read more
New Milan Teams Target Italian Demand Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, launched two new divisions in Italy. The carrier opened an Energy & Construction unit and a Cyber unit. LSM based both teams in Milan. The move targets rising regional demand for specialty coverage and advisory support. LSM also aims … Read more