The Source for Cyber Insurance News, Insights and Data
In the first half of 2024, the global landscape of cyber insurance has seen a marked rise in both the frequency and severity of cyber claims, driven by increasing data breaches and privacy violations. According to Allianz Commercial’s 2024 Cybersecurity Resilience report, large cyber claims — defined as those exceeding €1 million — rose 14% … Read more
Meeting cyber insurance policy demands is an evolving reality as organizations face increasing cyber threats across both on-premises and cloud environments. “In 2024, 48% of organizations had to make changes to their security posture to meet the criteria of the cyber insurance policy they chose,” said Michael Tweddle, Chief Product Officer at Netwrix. In response, … Read more
As cybersecurity threats continue to intensify and evolve, Chief Information Security Officers (CISOs) are grappling with significant challenges, including rising cyber liability insurance costs, the perceived inadequacy of current security frameworks like Multi-Factor Authentication (MFA), and an overarching sense of job insecurity. The “CISO Perspectives for 2025” survey by Portnox, a leading provider of zero-trust … Read more
We witness the same pattern repeatedly: only after disaster strikes do we scramble to fix the problems we long ignored. This tendency to act after the damage is done — whether in cybersecurity, public health, or environmental policy — underscores our reluctance to heed foresight and prepare proactively. PwC’s 2025 Global Digital Trust Insights survey … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Chubb on trust in digital payments; Resilience, Cowbell, and Coalition with people news; NSA official asks about the wisdom of paying ransomware; European Union NIS2 compliance looms; A piece on China-linked hackers … Read more