The Source for Cyber Insurance News, Insights and Data
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
Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated. “This new capital injection will enable us to accelerate a model … Read more
Howden has unveiled its expanded US cyber practice to address the rising demand for cyber liability insurance among corporate clients. The new initiative launches a senior leadership team specializing in brokerage, underwriting, claims, and cyber risk strategy, reflecting the increased threats posed by ransomware and business interruption events. “Our own data shows that cyber protection … Read more
Healthcare Cybersecurity Expands Into Dental Care CISO Global is partnering with TeleDental.com and DentalChat.com to offer advanced healthcare cybersecurity protection to dental clinics across the country. With this agreement, CyberSimple, powered by CHECKLIGHT, will launch as a cybersecurity and financial protection platform designed to improve healthcare data protection. The service will reach more than 358 … Read more
Breach Triggers Expanded Protection “Call in cyber liability insurance for your health insurance.” After a cybersecurity incident, Aflac brought in CyEx as it responded to an attack the insurer said affected 22.65 million people. Aflac said it secured its network and launched an investigation. The company warned that the exposed data may include health information, … Read more