The Source for Cyber Insurance News, Insights and Data
Anatomy of a Cyberattack – On July 8, 2025, Marks & Spencer Chairman Archie Norman appeared before the UK Parliament’s Business and Trade Sub-Committee. The hearing focused on the April cyberattack that shook the British retail giant. Norman, joined by General Counsel Nick Folland and Corporate Affairs Director Victoria McKenzie-Gould, delivered a sobering account of … Read more
When 2% is a lot – Two percent might not sound like much. That’s until you realize it’s 287 global companies. It’s not a rounding error. That’s a buffet for Scattered Spider, which has reemerged as a significant cyber threat in 2025. The group now poses a serious challenge for cyber (re)insurance portfolios. This analysis, … Read more
Cyber Risk Stellar Cyber has released an upgraded MITRE ATT&CK Coverage Analyzer. The advanced threat detection tool now allows organizations to quantify detection posture and optimize cyber risk for insurance purposes. Jeff Hill, Global Senior Director at Stellar Cyber, stated, “Risk managers, enterprise security leaders, and insurers need modern tools to understand how technology decisions … Read more
First-Ever In a first-ever, premiums for cybersecurity insurance coverage in the U.S. fell 2.3% in 2024, according to AM Best’s latest report. This marks the first recorded decline since 2015, with total direct premiums written now below $7.1 billion. The loss ratio remained below 50%, suggesting that cyber insurance continues to yield profits. The AM … Read more
Ancient Lessons Inspire Modern Cyber Insurance Fix For millennia, societies have relied on insurance to hedge against uncertainty. Ancient Romans pooled funds for fallen legionnaires. Merchants of old took out “bottomry” loans, which were forgiven if pirate raids sank their ships. Today’s cyber insurance market draws from these deep roots but faces modern challenges. This … Read more