Cyber Risk

Cyber Risk Insurance: 5 Critical Insights from RAND’s 2025 Report That Demand Federal Action

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Report Urges Federal Action Amid Mounting Digital Threats A new RAND Corporation report warns that America’s cyber insurance market cannot absorb the shock of a catastrophic digital attack. The study “Insuring Catastrophic Cyber Risk” provides a roadmap for federal involvement, highlighting structural insurance failures, systemic IT vulnerabilities, and the rising risks of national-scale cyber incidents. … Read more

Cyber Insurance Gets a Boost as Blackpoint, UKON Partner Up

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Cybersecurity firm Blackpoint Cyber and cyber insurance marketplace UKON have announced a new partnership aimed at redefining cyber risk management for managed service providers (MSPs). Their Approach to Cyber Insurance The partnership brings together Blackpoint’s 24/7 Managed Detection and Response (MDR) services with UKON’s embedded insurance tools and risk analytics. The companies say this integrated … Read more

Cybercrime Trends as Businesses Embrace AI

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Marsh McLennan’s 2025 Insurance Report Highlights Digital Vulnerabilities In a rapidly digitizing world, businesses are increasingly exposed to evolving cyber threats. Marsh McLennan Agency’s “2025 Business Insurance Trends Report” offers a sobering outlook on this new digital era. Companies that are embracing AI, automation, and interconnected supply chains now face heightened cybersecurity risks from cyberattacks, … Read more

UKON Cyber Insurance: A New Marketplace for Cyber Risk Coverage

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FifthWall Solutions has rebranded to UKON, shifting from a wholesale broker to a cyber insurance marketplace. The company’s mission is to simplify cyber insurance for businesses and offer better risk assessment tools and coverage options. Transition from FifthWall to UKON Founded in 2015 following a cyber breach, FifthWall initially served as a wholesale broker, focusing … Read more

Crowe Highlights Persistent UK Cyber Risks in 2025 Survey

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Major UK retailers, including Marks & Spencer and Harrods, have suffered severe cyber attacks in recent weeks. The cliché gloom of “rainy old London town” has rarely felt more literal—or more symbolic—or maybe it’s more digital—than in the wake of recent cyberattacks on UK retailers. As shoppers braved the drizzle outside Harrods and M&S, attackers … Read more

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