The Source for Cyber Insurance News, Insights and Data
Unknowns Hurt More In business and in life, facing the unknown is often worse than dealing with bad news. At least when a threat is known, teams can prepare, budget, and respond. Cybersecurity is no different. As digital threats multiply, many businesses are still in the dark about what those risks mean in financial terms. … Read more
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, provider of software for auto dealerships. Now two more of America’s largest auto dealers have made public filings touching on the hack and their actual … Read more
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 coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more
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 Kotsiopoulos, President of Insurance. Kotsiopoulos cited Long’s cyber expertise as critical to the company’s goals. “Maria’s experience in cyber risk is difficult to match,” he … Read more
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 the center of it all lies a stark reality: the cyber insurance industry is struggling with volatility and major loss events, yet it holds vast, … Read more