The Source for Cyber Insurance News, Insights and Data
The famous line goes, ‘To err is human; to forgive, divine.’ However, a more fitting line from Alexander Pope’s poem might be, ‘All seems infected that th’ infected spy.’ In the world of cybersecurity, the infection is phishing, and no one is immune. Last week, we reported on an Arctic Wolf report revealing a striking … Read more
WHAT THIS MEANS FOR THE FUTURE OF CYBER INSURANCE Nations and people often find themselves preparing for the last challenge rather than the next one. This is a pattern embedded in human behavior, as hindsight offers a sense of certainty. We look back at previous crises and construct plans, policies, and strategies that might have … Read more
Kroll announced the appointment of Katherine Keefe as Managing Director and Global Cyber Insurance Industry Lead. In this role, Keefe will lead Kroll’s global cyber insurance efforts, expanding services for insurance clients dealing with evolving cyber threats and regulatory challenges. Dave Burg, Global Head of Cyber & Data Resilience at Kroll, emphasized Keefe’s expertise and … Read more
Pen Underwriting has relaunched its cyber insurance proposition for large corporate clients, marking a significant expansion in its coverage and risk appetite. Announced on October 17, 2024, the revamped offering includes £10 million in primary cover and a £15 million limit for excess of loss (XOL), backed by a consortium of A-rated capacity providers with … Read more
Despite the growing adoption of cyber insurance across large enterprises, a striking gap remains in executive and boardroom engagement with these crucial policies. According to the 2024 Cyber Insurance Report by QBE North America and Zywave, only 38% of companies frequently discuss cyber insurance at the C-suite level, and fewer than 20% of boards are … Read more