The Source for Cyber Insurance News, Insights and Data
San Francisco-based Coalition, the Active Insurance provider, has appointed Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to its Board of Directors. This strategic move underscores Bäte’s dedication to technological innovation in the insurance sector, especially in the ever-evolving landscape of cyber insurance. “We’re thrilled to have Oliver join Coalition’s Board as it’s a … Read more
Healthcare provider Ardent Health Services faces a cybersecurity challenge with a ransomware attack affecting its information technology systems. While the full extent of compromised patient health or financial data is unknown, Ardent emphasizes patient safety as its top priority. In a statement, Ardent said they “became aware of an information technology cybersecurity incident on the … Read more
‘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