US Cyber Insurance Market Sees 5% Rate Decline Amid Evolving Threats

Cyber Insurance Rates Drop Amid Stable Market Conditions The US cyber insurance market saw a 5% average rate decrease in Q4 2024, continuing a trend of pricing stability. Marsh reported that favorable conditions are expected to persist into 2025. Companies improved their cybersecurity controls, which underwriters viewed positively. Organizations also adjusted their insurance programs. Many … Read more

LOKKER and Bitsight Join Forces: Privacy Risk Analysis in Cyber Insurance

Partnership Targets Growing Need for Privacy Risk Data in Insurance Underwriting LOKKER and Bitsight have partnered to offer privacy risk analysis through Bitsight’s cyber insurance platform. This collaboration aims to equip insurers with tools to evaluate data privacy threats during cyber insurance underwriting. LOKKER’s Privacy Risk Assessment Enhances Underwriting Insight LOKKER’s Privacy Risk Assessment Reports … Read more

The Beckage Firm Adds Cybersecurity Expert Cristina Di Maria as Partner

The Beckage Firm, a woman- and veteran-owned cybersecurity and data privacy law firm, has named Cristina Di Maria, Esq., CIPP/US, as a partner. Cristina Di Maria Brings Extensive Experience Di Maria has expertise in cyber risk management, data security incidents, risk mitigation, and regulatory compliance. She has managed digital forensic investigations, network restoration, and ransomware … Read more

Mullen Coughlin LLC Expands Incident Response Team with New Partner

Mullen Coughlin LLC, a global data privacy and security law firm, announced the addition of Thomas I. Moran, CIPP/US, as a Partner in its Incident Response practice in Ohio. This expansion brings the firm’s team to over 130 attorneys, enhancing their capacity to serve clients and the cyber insurance industry in a rapidly changing data … Read more

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