The Source for Cyber Insurance News, Insights and Data
The 2025 holiday shopping season is here and is expected to face unprecedented cyber threats. A recent Retail & Hospitality Information Sharing and Analysis Center report predicts a 520% surge in AI-driven traffic during the holiday season with scammers using these tools to commit fraud and identity theft. These AI-powered attacks can mimic human behavior, … Read more
A U.S. bankruptcy judge has approved a cyber liability insurance policy buyback that will allow the company once called 23andMe (now Chrome Holding Co.) to transfer $16.5 million in cash from its cyber insurers to those impacted by its hack (see the key legal document below). The legal decision this week is a step toward … Read more
Affluent North Americans say cyber risk worries them most. Yet many still underinsure their digital lives and misjudge the scale of potential losses. The new Chubb 2025 Wealth Report, The Resilient Mindset: Turning Risk Awareness into Advantage, surveys 1,000 wealthy households across the United States and Canada and shows a sharp gap between concern and … Read more
News of data breaches and cyberattacks against large corporations seems to make headlines every week. It’s easy for small business owners to think those stories don’t apply to them, but that assumption can leave them vulnerable. Attackers today use automated tools that scan the internet for potential weak spots. Any business that relies on technology, … Read more
Imagine the early days of property and casualty insurance. An underwriter might have refused to insure a factory stacked with matches. Yet that same insurer might have escorted the owner to a sprinkler installer to reduce the fire threat and make the risk insurable. That may be a simple, imagined analogy. But cyber insurers now … Read more