The Source for Cyber Insurance News, Insights and Data
Specialty insurance broker/risk management advisor TrueNorth Companies selects CyberCube’s Broking Manager platform. “(It) will allow the TrueNorth team to quantify and explain to its clients the sources and financial impact of cyber risk exposure. The platform also produces reports that can be used to educate prospects and clients on potential sources of loss, recent and … Read more
The company’s Global Threat Brief H1-2022 calls out several sectors with significant risk: education, healthcare, manufacturing and utilities. As for specific attacks: “In the first half of 2022, we can expect to see an active cyber threat landscape with more digital supply chain and Single Pointof Failure (SPoF) attacks… CyberCube expects to see ransomware threat … Read more
“The study, entitled ‘Spotlight on Cyber: A study of aggregation risk in the US property insurance market,’ noted that sufficient cyber risk is amassing in the market to trigger a one-in-100-year loss of $12.5 billion. The loss is so significant, that the study says it is enough to cause a downward transition of the Best’s … Read more