The Source for Cyber Insurance News, Insights and Data
Resilience has expanded its Technology Errors & Omissions (Tech E&O) coverage for companies earning over $25 million in annual revenue. Tech E&O coverage protects technology companies if their software, service, or product fails and causes a client to lose money. The program, supported by its Lloyd’s coverholder agreement, extends its cyber insurance policy to a … Read more
HSB Canada has introduced HSB CyberPro. The offering is a new cybersecurity insurance solution for Canadian businesses. The policy offers protection against cyberattacks, business interruptions, and data breaches across multiple industries. Comprehensive Cybersecurity Insurance Protection HSB CyberPro combines insurance coverage with risk management tools. It includes cybercrime protection, data restoration, and crisis management support. The … Read more
Cloud 9 Computing and Antigen Security launched a cyber insurance policy savings program. This new initiative is designed for law firms, construction companies, and software companies. The program promises premium cuts of 30–60% and faster underwriting. Controls align with the CIS, NIST CSF, and MITRE ATT&CK frameworks. “Cybersecurity isn’t a checkbox—it’s a business imperative,” said … Read more
Ransomware and financial fraud attacks are increasingly targeting businesses with higher frequency and greater cost. Mid-market companies now face average ransomware losses of nearly $470,000 and financial fraud claims of about $270,000. Many standard policies fall short of covering these risks. At-Bay has launched new InsurSec solutions designed to close that gap. The industry-first packages … Read more
News Amid 2024 Threat Surge – France spent 2024 on alert as Paris readied the Games and attackers gathered. France’s National Agency for the Security of Information Systems (ANSSI) logged 4,386 cybersecurity events. That represents a 15% over 2023. Intrusions targeted critical infrastructure and Olympics-linked systems drew intensified strikes. The year’s story was “pression” (pressure), … Read more