The Source for Cyber Insurance News, Insights and Data
Cybersecurity Tops the List of SMB Concerns in 2024 When it comes to small businesses, the biggest threat might not be the competition, it may well be the clicks they didn’t see coming. According to the 2024 (Q1) MetLife and U.S. Chamber of Commerce Small Business Index, cybersecurity ranks as the top concern for small … Read more
The CyberEdge Wake-Up Call If you can’t trust a cybercriminal, who can you trust? The 2025 Cyberthreat Defense Report (CDR) by CyberEdge Group exposes a harsh truth. Victims who make ransomware payments only recover data half the time. That’s right, more than 45% of organizations don’t recover data and walk away empty-handed. Based on a … Read more
In this episode, Martin Hinton speaks with Ryan Mimmo, Head of Underwriting at Converge Insurance, about the evolving landscape of cyber insurance. They discuss the challenges of underwriting in a rapidly changing environment, the importance of cybersecurity education for businesses, and the need for comprehensive coverage. The conversation also touches on the role of government … Read more
Travelers Offers New Cyber Risk Services The Travelers Companies, Inc. has launched a new suite of cybersecurity tools. These are now included in all its cyber liability policies. The package, called Travelers Cyber Risk Services, aims to help businesses prevent, detect, and recover from cyberattacks. Key Features for Cyber Liability Policies Key features include a … Read more
Partnership Targets Growing Need for Privacy Risk Data in Insurance Underwriting LOKKER and Bitsight have partnered to offer privacy risk analysis through Bitsight’s cyber insurance platform. This collaboration aims to equip insurers with tools to evaluate data privacy threats during cyber insurance underwriting. LOKKER’s Privacy Risk Assessment Enhances Underwriting Insight LOKKER’s Privacy Risk Assessment Reports … Read more