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Cyber Insurance News

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Sophos And Cowbell Partner On Cyber Insurance in the UK

Posted on October 18, 2023October 18, 2023 By Martin Hinton

Sophos, a leader in cybersecurity services, has unveiled a new development for businesses in the United Kingdom. Building on their partnership launched in the United States earlier this year, Sophos…

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Cyber Insurance for SMEs/SMBs

Shield Capital Closes $186 Million Inaugural Venture Capital Fund

Posted on October 17, 2023October 17, 2023 By Martin Hinton

In a feat of fundraising, Shield Capital proudly announced the successful conclusion of its inaugural venture capital fund. The Shield Capital Fund I, L.P., is a venture capital initiative primarily…

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Cyber Insurance Investments and M&A

Canopius Expands Cannabis Cyber Insurance Realm

Posted on October 12, 2023October 12, 2023 By Martin Hinton

Canopius Group, the international insurer, has lit up the landscape with its pioneering Cannabis Cyber insurance solution. In a harmonious merger of data defense and ganja growth, the offering offers…

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Cyber Insurance

Cyber Security In The UK -iOmart Report

Posted on October 11, 2023October 11, 2023 By Martin Hinton

The report “The State of Cyber Security in the UK 2023” covers a wide range of topics related to cyber security, including the evolving threat landscape, budgetary constraints, the importance…

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Cyber Insurance Reports

MGM Shares Up Almost 5% On News Cyber Insurance Will Cover Hacker Attack

Posted on October 6, 2023October 6, 2023 By Martin Hinton

MGM Resorts International’s stock saw a 4.86% increase, closing at $36.48 on Friday. The move was buoyed by news that the company possesses ample cyber insurance to mitigate losses from…

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Ransomware Insurance

MGM Resorts Hack Covered By Cyber Insurance – WSJ

Posted on October 6, 2023October 6, 2023 By Martin Hinton

Amid the Wall Street Journal exclusive report on the MGM hack, an intriguing detail emerges. MGM has affirmed that it is poised to mitigate the financial impact of the cyberattack…

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Cyber Insurance Claims

Strategic Cyber Ventures Invests $1 Million in Evo Security

Posted on October 4, 2023October 4, 2023 By Martin Hinton

Insurance and security intertwine. That makes investments in cybersecurity a vital part of the evolving cyber insurance industry. This makes today’s announcement that Strategic Cyber Ventures (SCV) has invested $1…

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Cybersecurity Investment

Nord Security Raises $100M-What Could It Mean For Cyber Insurance

Posted on September 28, 2023September 28, 2023 By Martin Hinton
Nord Security Raises $100M-What Could It Mean For Cyber Insurance

Nord Security, a global leader in internet privacy and cybersecurity solutions announced that it has raised $100 million in a financing round led by Warburg Pincus. Existing investors Novator Ventures…

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Cyber Insurance, Cyber Insurance Investments and M&A

Cyber Insurance: A Must-Have for Businesses in the Digital Age

Posted on September 26, 2023September 26, 2023 By Martin Hinton

In today’s digital age, cyber threats are a constant reality for businesses of all sizes. A single data breach can have devastating financial consequences, from lost revenue and customer trust…

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Cyber Insurance Best Practices, Cyber Insurance Reports

New SEC Rules: Impact on Cyber Insurance Industry

Posted on September 20, 2023September 20, 2023 By Martin Hinton

The cybersecurity landscape is evolving rapidly, and the recent SEC (Securities and Exchange Commission) rules have added a new layer of complexity for public companies. Jeremy King of Olshan Frome…

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Cyber Regulations

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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