The Source for Cyber Insurance News, Insights and Data
As usual, a few items from the week. Gutherie County, Iowa, sorts its cyber insurance; Gen Z or Boomers, who is better at cybersecurity?; And a court ruling in Southwest Airlines’ massive 2016 computer failure. Sunday’s newsletter is a wide, deep bucket of cyber insurance, cybersecurity, and more. Some we reported on, and others we … 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
A recent study by Recast Software and Ponemon Institute found the cybersecurity insurance market is witnessing a significant uptick in demand. This rise comes as the scale and cost of cyberattacks continue to rise. The study, conducted in the Fall of 2023, revealed that 41% of organizations experienced a surge in cybersecurity incidents. That prompted … Read more
Quotey, the multi-insurer commercial lines quoting and cover comparison tool in Canada, has expanded its marketplace to include CFC’s Cyber insurance product. CFC, a global specialist insurance provider and leader in cyber risk, will now offer instant cyber insurance quotes through Quotey. Canadian brokers using Quotey can access CFC’s quotes for over a thousand specific … Read more
Cyber insurance – once a safety net, now too often a tangled web of rising costs and red tape. But relief is charging ahead for mid-sized businesses with a new partnership between Dark Rhiino Security and Liberty Insurance Agency. Their mission? Simplify the process, slash premiums, and strengthen your defenses. Dark Rhiino’s “Defense-in-Depth” – a … Read more