cyber security

Navacord Partners with Cyberwrite to Advance Cyber Insurance Policy Growth in Canada

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Cyberwrite has partnered with Navacord Corp. to expand cyber insurance policy adoption across Canada. The collaboration gives Navacord’s brokers access to Cyberwrite’s patented AI-driven cyber risk quantification platform. The partnership equips brokers to help clients measure financial exposure to cyberattacks and secure suitable cyber insurance coverage. “Cyberwrite enables Navacord’s brokers to help their clients quantify … Read more

Cybersecurity or Cyber Security? CIMA and Templar Don’t Care – They’re Securing Europe Either Way

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Attend to the Deed, Not The Word – Whether you write it “cyber security” or “cybersecurity,” the threats are real and rising, and two major organisations just joined forces to fight back. The Chartered Institute of Management Accountants (CIMA) has signed a Memorandum of Understanding with Templar Executives to strengthen cyber resilience across Europe’s finance … Read more

UK Government to Ban Ransomware Payments

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Is This the Start of a Global Push to Criminalize Ransom Payments? – The UK government plans to outlaw ransomware payments by public sector bodies. Private firms must report their ransom decisions before making any payments. The plan follows a wide public consultation and reflects growing concerns over cyber attacks on hospitals, councils, and national … Read more

Cyber Reinsurance Rises by $250M As Rates Drop: Lockton Re’s 2025 Market Update

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Lockton Re's Cyber Reinsurance Market Update for the First Half of 2025, featuring a glowing blue umbrella-shield icon with a dollar symbol, over a dark digital circuit background. The title text reads 'Cyber Reinsurance – First Half 2025' with 'Market Update' below, reflecting a tech-centric and secure theme.

New Capacity Enters the Market – Cyber reinsurance capacity surged by $250 million in the first half of 2025. Lockton Re reports that this growth comes amid cyber insurance rate declines ranging from 5% to 15%. The drop is sector-dependent, with mid-market entities benefiting the most due to fierce competition. New entrants and seasoned reinsurers … Read more

New Berkley Cyber Risk Coverage Eases Burdens on Incident Response Teams

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Human Factors Central in Cyber Breach Incident Response A wave of recent hacks exploited social engineering, underlining human error as a leading cause of cyber breaches. Incident response requires technical skills and human endurance. The burden on breach responders often goes overlooked. A new cyber insurance offering seeks to address this reality. Remember The Incident … Read more

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