The Source for Cyber Insurance News, Insights and Data
‘Tis the season for gift-giving joy, but beware—the Grinches of cyberspace are plotting holiday scams and theft! Fear not, savvy readers, as Chicago-based cybersecurity firm Keeper Security unwraps the cybersecurity measures to outsmart those digital scrooges, ensuring your festive season stays merry and hack-free! As businesses gear up for the annual surge in consumer activity, … Read more
According to a study by Evolve Business Intelligence, the global Cyber Insurance Market, valued at USD 18.2 billion in 2023, is poised to experience a robust 23.5% Compound Annual Growth Rate (CAGR) from 2023 to 2033. The market is dominated by North America, while the Asia Pacific region is poised to achieve the highest CAGR … Read more
Global insurance group Howden announced the appointment of Jean Bayon de La Tour as International Head of Cyber. The move marks a significant step in the company’s strategy to meet the increasing demand for insurance solutions against cyber-attacks. The move comes in a rising threat landscape. The cyber market is predicted to surge from USD … Read more
Governor Kathy Hochul has proposed cybersecurity regulations for hospitals, backed by a $500 million budget allocation in the FY24 budget. These regulations aim to fortify hospital networks against escalating cyber threats, complementing the Health Insurance Portability and Accountability Act (HIPAA) Security Rule focused on safeguarding patient data. Under the proposed provisions, hospitals must establish comprehensive … Read more
At-Bay, the InsurSec provider for the digital age, announced the launch of At-Bay Stance™ Managed Detection and Response (At-Bay Stance MDR). It is a new MDR solution designed to help emerging and mid-sized businesses (SMBs) advance their cybersecurity defenses. The growth of cybercrime and cyber insurance has led to a growing demand for MDR solutions … Read more