The Source for Cyber Insurance News, Insights and Data
CYGNVS has introduced a new AI-powered platform designed to help organizations improve their incident response and cyber readiness. The CYGNVS AI model uses data from over 20,000 real-world cyber incidents to support quicker, more informed decisions during a crisis. AI Built On Real-World Incident Data The new system brings together CYGNVS’s own incident response data … Read more
A ransomware crew hits the ticketing system hours before doors open. Screens go dark. Gates stay shut. Plans get scrapped. Fans vent disappointment and anger. The promoter files an insurance claim under the event cancellation cyber extension and then asks the hard question: Does it also cover cyber liability exposures? Event Cancellation Cyber Coverage Targets … Read more
In 2025, a series of cyber incidents hit businesses hard. Marks & Spencer stopped online orders and faced weeks of disruption. Jaguar Land Rover paused production and took major losses. npm supply-chain attacks put developer secrets at risk. Cloud outages at AWS, Azure, and Cloudflare caused widespread service failures. Tokio Marine HCC International documented these … Read more
Beazley plc’s board has unanimously rejected a £7.67 billion ($10.3 billion) takeover proposal from the Zurich Insurance Group. The offer, announced on January 19, 2026 for 1,280 pence per Beazley share, is lower than a bid from Zurich last year, but still reflects a substantial premium on Beazley’s public valuation. That was not enough to … Read more
Ransomware crews can cripple a firm in minutes. They can freeze files, block payments, and stop customer service. Digital Minister Liz Lloyd delivered that warning to insurance brokers at BIBA’s manifesto launch. Lloyd set the tone early, saying, “Cyber security is not optional.” She added, “It is foundational to our national security, our economy, and … Read more