The Source for Cyber Insurance News, Insights and Data
The energy sector powers nearly every facet of modern life, from the moment you flip a light switch to the fuel that propels global industries forward. It’s a sprawling network of interconnected systems—electricity, oil, and natural gas—delivering critical resources through over 6,400 power plants and countless miles of pipelines. The scale is vast, and so … Read more
Cybercrime incidents cost the Middle East an average of over $8 million (€7.2 million) per incident in 2023, according to IBM-funded research spanning data breaches in 16 countries. In response to the growing financial toll of cyber threats, Alvacomm announced the launch of a cyber risk platform tailored for insurance providers and brokers in the … Read more
Insurance broker Miller has announced a new partnership with CyberCube, a leading cyber risk analytics provider, to enhance its cyber risk management services. Through this partnership, Miller will license CyberCube’s Broking Manager and Prep Module tools, enabling its brokers to deliver data-driven insights and support clients across various industries in assessing and managing their cyber … Read more
In much the same way that physical security depends on controlling access points like doors and gates, Liongard’s latest innovations in Cyber Asset Discovery provide a cyber counterpart for Managed Service Providers (MSPs). The company’s newly announced Cyber Asset Discovery and Inventory feature, set to launch in Q4 2024, enables MSPs to consolidate and manage … Read more
Striking new findings suggest a significant percentage of companies lack cyber insurance despite ongoing and sophisticated threats posed by a range of cyberattack scenarios. The 2024 Cybersecurity Risk Managers Report reveals that 32% of companies surveyed do not have dedicated cyber insurance coverage, leaving them vulnerable to potentially devastating financial and operational impacts in the … Read more