The Source for Cyber Insurance News, Insights and Data
We often forget what we should remember. The sun rises, the tides ebb and flow, and people make mistakes. “To err is human,” they say. In our rush to embrace new technologies, we overlook a simple truth: people are the heart of any endeavor. This is most evident in cybersecurity and insurance. A recent report … Read more
Howden has introduced Howden Safe+, a cyber insurance solution for mid-size corporations with revenues between $250 million and $2 billion. The platform reduces underwriting questions by 30%, aiming to streamline the procurement process without compromising coverage quality. Overall, it is an intriguing cyber insurance proposition for mid-size corporations. Developed in collaboration with Safe Security and … Read more
Vienna Insurance Group AG (VIG), the largest insurance group in Central and Eastern Europe, has established Cyber Risk Solutions GmbH (CyRiSo), a new cyber security company targeting small and medium-sized enterprises (SMEs). The firm aims to provide comprehensive support to reduce cyber risks and to prevent and resolve damage from cyber attacks. “Cyber attacks have … Read more
Insurance broker Miller has announced a new partnership with CyberCube, a leading cyber risk analytics provider, to enhance its cyber risk management services. Through this partnership, Miller will license CyberCube’s Broking Manager and Prep Module tools, enabling its brokers to deliver data-driven insights and support clients across various industries in assessing and managing their cyber … Read more
Striking new findings suggest a significant percentage of companies lack cyber insurance despite ongoing and sophisticated threats posed by a range of cyberattack scenarios. The 2024 Cybersecurity Risk Managers Report reveals that 32% of companies surveyed do not have dedicated cyber insurance coverage, leaving them vulnerable to potentially devastating financial and operational impacts in the … Read more