The Source for Cyber Insurance News, Insights and Data
Another Sunday and a new installment of the Cyber Insurance Sunday – Upload. A few interesting items from the week. Some we reported on, and others we found interesting. Deepfakes and video calls and $25 million, beware that electric toothbrush hack, and half of the French population facing a data dilemma. There’s more than that, … Read more
In a bid to bolster cybersecurity resilience among small and midsize enterprises (SMEs), Measured Analytics and Insurance (Measured) has unveiled a strategic alliance with KnowBe4, a leading provider of security awareness training and simulated phishing platforms. The collaboration seeks to integrate Measured’s AI-powered cyber risk management with KnowBe4’s acclaimed security training programs. The result? A … Read more
The global Cybersecurity Insurance Market is poised to experience robust growth, rising from USD 14.18 billion in 2023 to an estimated USD 32.52 billion by 2028. This reflects a CAGR of 18.06% during the forecast period. This analysis from Research And Markets. The surge is propelled by the escalating pace of digitalization, cloud development, Big … Read more
A recent study by Recast Software and Ponemon Institute found the cybersecurity insurance market is witnessing a significant uptick in demand. This rise comes as the scale and cost of cyberattacks continue to rise. The study, conducted in the Fall of 2023, revealed that 41% of organizations experienced a surge in cybersecurity incidents. That prompted … Read more
Quotey, the multi-insurer commercial lines quoting and cover comparison tool in Canada, has expanded its marketplace to include CFC’s Cyber insurance product. CFC, a global specialist insurance provider and leader in cyber risk, will now offer instant cyber insurance quotes through Quotey. Canadian brokers using Quotey can access CFC’s quotes for over a thousand specific … Read more