The Source for Cyber Insurance News, Insights and Data
The growing sophistication and frequency of cyberattacks should push organizations to rethink their cybersecurity strategies. According to a new KnowBe4 report, “Cyber Insurance and Security: Meeting the Rising Threat,” the intersection of cybersecurity and insurance is becoming a critical focus for businesses. The report highlights the rising costs of cyber incidents, the evolving threat landscape, … Read more
Beazley plc remains on track to meet its full-year guidance, reporting a 7% increase in insurance written premiums, reaching $4.6 billion by the end of Q3 2024. Net insurance written premiums also rose by 7%, totaling $3.8 billion, while premium rates on renewals remained steady as anticipated. The insurer achieved a robust investment return of … Read more
More than a few people have declared that “Information is power.” But that’s the easy part. Getting it is the hard part. In today’s digital landscape, where cyber threats constantly evolve, timely and accurate information is crucial for businesses to understand, mitigate, and ultimately prevent disruptions. Recognizing this, the Cyber Monitoring Centre (CMC) has partnered … Read more
Microsoft’s latest Digital Defense Report highlights an alarming rise in the complexity and scale of cyber threats, urging a collective defense strategy to counter both state-sponsored and criminal attacks. The Digital Defense Report 2024 provides an in-depth overview of the latest changes in the global cybersecurity landscape. The report outlines significant shifts in the nature … Read more
Cybersecurity negligence and resulting vulnerability have become increasingly critical as the number of known vulnerabilities surges. In a recent report, S&P Global Ratings warns that organizations slow to remediate highly targeted cyber vulnerabilities may face significant governance issues. Such delays increase the risk of system compromises and could negatively influence S&P’s assessment of an entity’s … Read more