The Source for Cyber Insurance News, Insights and Data
As organizations build higher walls and dig deeper moats to protect themselves, the tide of cyber threats continues to rise, threatening to spill over these defenses. Arctic Wolf, a security operations provider, released its 2024 Security Operations Report today, which explores data and insights gathered from more than 250 trillion security events analyzed by the Arctic … Read more
NetDiligence has unveiled its fourteenth annual Cyber Claims Study, offering a comprehensive analysis of over 10,000 cyber insurance claims reported between 2019 and 2023. The report highlights emerging trends in cyber risk across a wide range of industries, focusing on the financial burdens faced by organizations, particularly small to medium-sized enterprises (SMEs). This year’s study, … Read more
SecondSight and Optiv have announced a strategic partnership to integrate cybersecurity and cyber insurance. This collaboration incorporates Optiv’s cybersecurity services into SecondSight’s Vertical AI platform. This will provide a streamlined and personalized approach to enhancing cybersecurity defenses for businesses, brokers, and underwriters. The partnership introduces a new recommendation system within SecondSight’s platform, utilizing Optiv’s cybersecurity … Read more
The global Cybersecurity Insurance Market is poised to experience robust growth, rising from USD 14.18 billion in 2023 to an estimated USD 32.52 billion by 2028. This reflects a CAGR of 18.06% during the forecast period. This analysis from Research And Markets. The surge is propelled by the escalating pace of digitalization, cloud development, Big … Read more
From cyber insurance to fascinating finds, this issue of Cyber Insurance Sunday’s newsletter has a bit of everything. Well, not everything, no recipes. Happy reading!