The Source for Cyber Insurance News, Insights and Data
Cyber warfare sits just beyond the traditional edges of the cyber insurance beat, yet its consequences land squarely inside it. Political conflict drives economic disruption. Digital attacks trigger the losses insurers eventually absorb, from business interruption to infrastructure failures and cascading supply-chain damage. Carl von Clausewitz wrote that “war is merely the continuation of policy … Read more
Duffy brings more than 20 years of experience in cybersecurity leadership, security program development, and executive advisory services. His background includes building security teams and shaping enterprise risk strategies. Consulting Solutions said the hire supports its plan to strengthen cybersecurity capabilities amid intensifying threats. CEO Billy Milam said Duffy brings both technical and leadership depth. … Read more
BreachRx announced a new financial warranty tied to its cyber incident response management platform. The company said the offering provides up to $3 million in protection for executive and corporate liability tied to eligible cybersecurity incidents. A global insurance partner underwrites the warranty. It works alongside cyber insurance and D&O coverage to address executive protection … Read more
Markel Insurance has named Jamie Smith as London Underwriting Manager – US Cyber Lead, effective immediately, enhancing its cyber insurance leadership. Smith will lead the US cyber segment of Markel’s London Market portfolio, focusing on underwriting and growth. Smith will collaborate with actuarial teams on portfolio analysis, strategic planning, broker engagement, and policy improvements to … Read more
In the old Popeye cartoons, Wimpy liked to say, “I’ll gladly pay you Tuesday for a hamburger today.” When it comes to ransomware payment, companies seem to be stealing Wimpy’s line and saying, “I’ll gladly pay you Tuesday for your ransomware today.” And just like the cartoon, Tuesday, or “pay day,” never comes. Coalition’s new … Read more