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Cyber Insurance Settlements Received by Major Auto Dealers After Hack Last Year – Update

Posted on May 5, 2025May 5, 2025 By Mark Sauter No Comments on Cyber Insurance Settlements Received by Major Auto Dealers After Hack Last Year – Update

We recently told you how a cyber insurance settlement of $30 million boosted Q1-2025 results for Sonic Automative, which was hit by the ransomware attack last year on CDK Global,…

Read More “Cyber Insurance Settlements Received by Major Auto Dealers After Hack Last Year – Update” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Claims, Cyber Insurance Settlements

AXA XL Expands Cyber Insurance for SMBs Amid Soaring Ransomware Threats – Key Hire Announced

Posted on April 30, 2025April 30, 2025 By Martin Hinton No Comments on AXA XL Expands Cyber Insurance for SMBs Amid Soaring Ransomware Threats – Key Hire Announced

Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber…

Read More “AXA XL Expands Cyber Insurance for SMBs Amid Soaring Ransomware Threats – Key Hire Announced” »

Cyber Insurance for SMEs/SMBs, Cyber Insurance People, Cybersecurity for SMBs, Small Business

Maria Long Promoted to Resilience Chief Underwriting Officer

Posted on April 16, 2025April 16, 2025 By Martin Hinton No Comments on Maria Long Promoted to Resilience Chief Underwriting Officer

Cyber risk firm Resilience has named Maria Long as its new Chief Underwriting Officer. Long will oversee underwriting operations and strategy across Resilience’s growing portfolio. She reports directly to George…

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Cyber Insurance, Cyber Insurance People

Cyber Insurance Losses Mount, But Industry Poised for Growth – Gallagher Re 2025

Posted on April 15, 2025April 15, 2025 By Martin Hinton No Comments on Cyber Insurance Losses Mount, But Industry Poised for Growth – Gallagher Re 2025

Gallagher Re’s latest report, The Quest for Growth, dives into a range of pressing cybersecurity insurance issues, from ransomware and cyber underwriting cycles to the evolving cyber threat landscape. At…

Read More “Cyber Insurance Losses Mount, But Industry Poised for Growth – Gallagher Re 2025” »

Cyber Insurance, Cyber Insurance Market Size, Cyber Insurance Reports

Lockton and Axio Launch Strategic Cyber Risk Partnership to Enhance Analytics

Posted on April 11, 2025April 11, 2025 By Martin Hinton

Strategic Partnership Targets Financial Clarity in Cyber Risk Insurance broker Lockton has formed a strategic partnership with cybersecurity risk analytics provider Axio. The collaboration aims to help organizations understand and…

Read More “Lockton and Axio Launch Strategic Cyber Risk Partnership to Enhance Analytics” »

Cyber Insurance, Cybersecurity

Cyber Risk Firm Resilience Expands Services for Large Enterprises With New Insurance Capacity

Posted on April 9, 2025April 9, 2025 By Martin Hinton

Cyber Insurance Solutions Now Available for $10B+ Revenue Enterprises Resilience has extended its cyber risk capacity to enterprises earning more than $10 billion in annual revenue. The move gives broker…

Read More “Cyber Risk Firm Resilience Expands Services for Large Enterprises With New Insurance Capacity” »

Cyber Insurance, Cyber Insurance Carriers & Brokers

CyberCube and Maury Donnelly & Parr Partner to Boost Cyber Risk Analysis for Clients

Posted on April 7, 2025April 7, 2025 By Martin Hinton

Maury Donnelly & Parr, a retail insurance brokerage based in Baltimore, has partnered with cyber risk analytics firm CyberCube. Under the partnership, the brokerage will license two of CyberCube’s solutions—Broking…

Read More “CyberCube and Maury Donnelly & Parr Partner to Boost Cyber Risk Analysis for Clients” »

Cyber Insurance, Risk Modeling

AXA XL Cyber Insurance Division Announces Promotions Within U.S.

Posted on April 7, 2025April 7, 2025 By Martin Hinton

AXA XL has promoted two key team members within its U.S. Cyber & Technology division. Greg Chambers now leads the company’s Complex Accounts portfolio, while Caitlin Alpern becomes Team Lead…

Read More “AXA XL Cyber Insurance Division Announces Promotions Within U.S.” »

Cyber Insurance, Cyber Insurance People

SecurityScorecard and Willis Partnership: A New Move in Cyber Risk Strategy

Posted on April 3, 2025April 3, 2025 By Martin Hinton

Introduction to the Partnership Cyber threats continue to grow across industries in 2025, pushing companies to seek a more integrated and intelligent cyber risk strategy and solutions. SecurityScorecard, a leader…

Read More “SecurityScorecard and Willis Partnership: A New Move in Cyber Risk Strategy” »

Cyber Insurance, Risk Modeling

Invi Grid Cowbell Rx Partnership, Discounted Cloud Security to Cyber Insurance Clients

Posted on March 28, 2025March 28, 2025 By Martin Hinton

Invi Grid has been added to the Cowbell Rx cybersecurity marketplace, offering Cowbell Insurance policyholders new options for cloud security tools. The cybersecurity partnership allows discounted access to Invi Grid’s…

Read More “Invi Grid Cowbell Rx Partnership, Discounted Cloud Security to Cyber Insurance Clients” »

AI & Cyber Insurance, AI & Cybersecurity, Cyber Insurance, Cybersecurity

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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