The Source for Cyber Insurance News, Insights and Data
The town of Webster, NY has announced it lost more than $520,000 in a phishing attack in November, but says local police have recovered $300,000 of the stolen money and its cyber insurer is expected to cover another $240,000 under the town’s cyber insurance for government. The incident has been described as a phishing attack, … Read more
Clyde & Co has provided key insights into six data breach investigations conducted by Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD). The findings highlight critical shortcomings in cybersecurity and data protection practices, offering a roadmap for organizations to strengthen their defenses against increasingly sophisticated cyber threats. You won’t be surprised to … Read more
The Zivver Report: Email Security Trends 2025 highlights the critical disconnect between growing email compliance demands and the adoption of effective security measures. Email remains a vital communication tool for organizations worldwide, yet it is increasingly becoming a silent security risk. Based on insights from over 400 IT leaders and 2,000 employees across Europe, the … Read more
Old Republic International Corporation (NYSE: ORI) has announced the formation of Old Republic Cyber, Inc., a new underwriting subsidiary specializing in Cyber and Technology Errors and Omissions (E&O) insurance products. This initiative marks the seventh specialty company launched by Old Republic in the past nine years, reinforcing its commitment to diversification and innovation. The newly … Read more
AXA XL has appointed Robert Malone as Head of Large Accounts and Portfolio Management for its Americas Cyber Insurance team. Based in New York, Malone will lead the strategy and growth of the company’s large account cyber insurance portfolio, focusing on expanding both new and renewal business. Reporting to Michelle Chia, Chief Underwriting Officer for … Read more