The Source for Cyber Insurance News, Insights and Data
The World Economic Forum has a message for every CISO: the job has outgrown its technical shell. Boards must empower security leaders, and CISOs must speak the language of business. The report calls cybersecurity a core business imperative, not a side function. It urges boards to treat the CISO as a strategic enabler of growth, … Read more
The global insurtech, BOXX Insurance, announced three new appointments to drive its U.S. growth and cyber insurance coverage strategy. The Insurtech company continues to expand its U.S. presence through leadership in distribution, claims, and technology. Leadership to Strengthen Distribution and Broker Partnerships Joe Gates joins BOXX as Head of Distribution, Central. He will manage the … Read more
Desjardins Insurance has unveiled a new cyber insurance product dubbed CyberSuite Plus. It is designed to protect small and medium-sized enterprises (SMEs) from growing digital risks. According to Statistics Canada, 16% of Canadian businesses experienced cybersecurity incidents in 2023. The rate of cyber attacks jumped to 30% for large companies. These figures, like those from … Read more
We’ve reported on large companies that were hacked recently but either had no cyber insurance, or were underinsured. Could the Qantas Group (Qantas Airlines) be another one? The company’s board has (modestly) cut executive pay over its June hack, which revealed information on 5.7 million customers, according to the Qantas annual report released last month. … Read more
New Partnership Enhances Cyber Resilience Seeking to make sure small businesses keep coming up roses, Elpha Secure and SentinelOne announced a partnership to protect SMBs with combined cyber insurance and cybersecurity. Elpha Secure delivers the first fully integrated cyber insurance and security platform. SentinelOne provides an AI-powered cybersecurity solution with advanced endpoint detection and response. … Read more