The Source for Cyber Insurance News, Insights and Data
Rising Family Office Cyber Threats Prompt Urgency Cybercriminals go where the money is, but too many family offices are leaving the vault door wide open. A new report by Deloitte reveals that nearly half of family offices worldwide have suffered cyberattacks in the last two years. Amazingly, 63% operate without cyber insurance. These private financial … Read more
“We’ve come a long way in our journey from the first ever cyber cat bonds, which were private, we’ve now got three 144A cat (catastrophe) bonds out there covering the cyber risks,” said Richard Gray, Head of Third-Party Capital at Beazley in this report from Artemis, a provider of information on insurance catastrophe bonds and … Read more
Invi Grid has been added to the Cowbell Rx cybersecurity marketplace, offering Cowbell Insurance policyholders new options for cloud security tools. The cybersecurity partnership allows discounted access to Invi Grid’s Intelligent Cloud platform. Enhanced Cybersecurity for Policyholders Invi Grid Intelligent Cloud offers solutions focused on Day Zero security and AI/cloud infrastructure governance. The platform lets … Read more
Cyber risk analytics firm Cyberwrite and global insurance broker Howden have expanded their partnership to deliver cyber risk insights. The partnership is now active in 52 countries and also available in seven languages. The press release announcing the news notes the expansion allows Howden brokers to offer actionable insights into cyber threats, helping businesses better … Read more
Why Consumers Underestimate Personal Cyber Insurance and How to Bridge the Gap Insurance agents recognize the pressing threat of cybercrime, but their clients are slow to act. According to the Insurance Information Institute (Triple-I) and HSB’s latest report, Addressing the Personal Cyber Protection Gap, 84% of insurance agents understand the importance of personal cyber insurance. … Read more