Cyber Risk

Cyber Insurance Market Maturing With “Leveling” Rate Changes – RPS Report

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The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services (RPS) highlights key trends shaping the market in early 2025. It touches on cybersecurity, data breaches, ransomware, AI-powered cyberattacks, and AI as a defensive tool, … Read more

AXA XL Partners with Darkweb IQ to Boost Cybersecurity for Cyber Insurance Clients

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AXA XL has announced a new partnership with cybersecurity firm Darkweb IQ to strengthen cyber protection for its global cyber insurance clients. This collaboration provides AXA XL clients access to Darkweb IQ’s services at preferential rates. Strengthening Cybersecurity Measures Tim Smit, AXA XL’s Global Head of Cyber Risk Strategies and Partnership Programs, emphasized the importance … Read more

MAPFRE RE Partners with CyberCube to Enhance Cyber Risk Management

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MAPFRE RE has signed a three-year agreement with CyberCube to enhance its cybersecurity risk management capabilities. The partnership allows the global reinsurer to license CyberCube’s cyber risk analytics tools. MAPFRE RE Licenses CyberCube’s Risk Assessment Solutions MAPFRE RE will use CyberCube’s cyber accumulation solution to improve risk assessment. This move aligns with the broader and … Read more

Omega Systems Expands Cybersecurity with Enterprise Password Management Solution

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New Solution Reduces Credential Theft Risks and Enhances Compliance Omega Systems has introduced an Enterprise Password Management solution to help businesses reduce password-related cyberattacks. The solution is part of Omega’s growing cybersecurity portfolio, which aims to strengthen protection against evolving threats and improve risk management. Password Security to Counter Growing Cybersecurity Risks Credential theft remains … Read more

Cybersecurity Gap: Why SMEs Must Catch Up to Large Organizations in Cyber Resilience

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SMEs Struggle to Keep Up with Cybersecurity Standards Small and medium-sized enterprises (SMEs) in the European Union are falling behind larger organizations in cybersecurity, according to a new report by Marsh in collaboration with the Federation of European Risk Management Associations (FERMA). The report, Why the Cybersecurity Gap Between SMEs and Large Organisations Matters, reveals … Read more

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