80% of Businesses Underinsured: Cyber Breach Costs Shockingly Higher Than Insurance Coverage – Report

In a recent report, CYE, a leading cybersecurity optimization platform provider, revealed alarming discrepancies in cyber breach insurance coverage. The study, “Inadequacies in Breach Insurance Coverage: A Data-Driven Gap Analysis,” highlights a massive 350% gap between organizations’ insurance coverage and the actual costs incurred from cyber incidents. This gap results in an average of $27.3 … Read more

Zurich Unveils AI-Powered Cyber Security Services with CYE: Boost Your Defenses & Enhance Cyber Insurance Coverage

Zurich Insurance Group has forged a strategic alliance with cybersecurity firm CYE, launching an innovative service designed to fortify businesses against the escalating threat of cybercrime. Revealed last week, this partnership seeks to address the burgeoning challenge of cyber threats, identified by the World Economic Forum as one of the principal global risks to businesses. … Read more

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