cyber liability insurance

Cowbell Marks First Year in UK with Triple-Digit Growth

by

Cowbell, an SME cyber insurance provider, celebrated its first anniversary in the UK by reporting impressive triple-digit growth across key metrics. A company press release noted that since expanding into the region in 2023, Cowbell has seen a 351% increase in premiums, a 327% rise in policies issued, and a 148% growth in its network … Read more

Ransomware and Data Exfiltration Continue to Dominate Cyber Losses – Allianz Report

by

In the first half of 2024, the global landscape of cyber insurance has seen a marked rise in both the frequency and severity of cyber claims, driven by increasing data breaches and privacy violations. According to Allianz Commercial’s 2024 Cybersecurity Resilience report, large cyber claims — defined as those exceeding €1 million — rose 14% … Read more

Netwrix Strengthens Hybrid Security with Entra ID Integration, Aiming to Meet Evolving Cyber Insurance Requirements

by

Meeting cyber insurance policy demands is an evolving reality as organizations face increasing cyber threats across both on-premises and cloud environments. “In 2024, 48% of organizations had to make changes to their security posture to meet the criteria of the cyber insurance policy they chose,” said Michael Tweddle, Chief Product Officer at Netwrix. In response, … Read more

Identity Security Key to Controlling Rising Cyber Insurance Premiums, Says Report

by

SailPoint Technologies has released its third-annual “Horizons of Identity Security” report, emphasizing the growing importance of advanced identity security for organizations worldwide. The 2024-2025 report, based on data from 350 global cybersecurity leaders, highlights how mature identity security practices deliver outsized returns on investment by reducing cyber risk, boosting productivity, and unlocking business value. A … Read more

×