The Source for Cyber Insurance News, Insights and Data
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: CrowdStrike lends a hand to Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, and Coalition; Rate News and Hospital Hacks in the UK; At-Bay takes on Larger Enterprises; Watchdog in Canada With a Warning. Some we … Read more
Technavio’s latest report, Aerospace Insurance Market Analysis, predicts that the global aerospace insurance market will expand by USD 819.3 million from 2024 to 2028. That’s a CAGR of 4.48%. This is driven by the expansion and construction of new airports and a notable shift towards non-airline aviation services like charter flights. Cyber Liability Insurance One … Read more
Ransomware, a form of malicious software, kidnaps an organization’s data, encrypts it, and demands a ransom for its release. This modern-day digital extortion has historical roots in the practice of demanding ransom for kidnapped individuals, a method used by pirates and bandits for centuries. The digital age has transformed this age-old crime into a significant … Read more
In the realm of data protection, the principle of “two is one, one is none” underscores the critical importance of having reliable backups. In an emergency, the worst-case scenario is the failure of a crucial piece of equipment or the depletion of essential materials. Securely backing up data is fundamental to maintaining business continuity and … Read more
In an effort to ease the often cumbersome process of obtaining cyber insurance, The Baldwin Group announced the launch of Cyber Navigator, an API-connected placement platform, in collaboration with digital commercial brokerage firm Limit. This announcement marks Baldwin’s first in-house digital placement tool, streamlining the process for procuring cyber insurance. Cyber Navigator’s advanced technology simplifies … Read more