The Source for Cyber Insurance News, Insights and Data
CyberCube’s recent study on cyber catastrophe bonds sheds light on the diversification opportunities within this evolving asset class. The firm’s analysis is of four 144A cyber catastrophe bonds issued in the fourth quarter of 2023. This brought in $415 million of new capital, which is detailed in their white paper, “Digital Ties and Natural Divides: … Read more
Here it is; Your Cyber Insurance Sunday – Upload—a few items from the week. Some we reported on, and others we found interesting. A $350 million dollar settlement involving Google+, Chubb examines middle market companies; guess what, cyber insurance is on their minds, and a “big leak of data from a Chinese cybersecurity firm has … Read more
Sometimes, words catch your eye and mind. Why? Because they efficiently frame the reality. Today, I read “cyber driven panic paralysis” in relation to cybersecurity and small and medium-sized businesses (SMBs). It encapsulates the way many small business owners feel about the cybersecurity and insurance landscape. These words were found on the Proaxiom website. In … Read more
Here it is; Your Cyber Insurance Sunday – Upload. A few items from the week. An interesting read or listen on what The Space Force and its Guardians do, hint…Cyber is a big part. Prudential files an 8-K relating to a cyberattack. And Small and medium-sized enterprises get a new cybersecurity offering from Visa and … Read more
Insightace Analytic Pvt. Ltd.’s latest research reveals that the global cyber insurance market, valued at $13.54 billion in 2022, is set to skyrocket to $91.22 billion by 2031. With cyber threats on the rise, the demand for cyber insurance is growing rapidly, driven by increased online activity and regulatory efforts to bolster defenses. Key players … Read more