financial institutions

Black Kite 2026: Financial Services Faces A Two-Front Cyber Storm

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Financial institutions now face danger from two directions at once. Attackers are striking them directly again. Their vendors are springing new leaks at the same time. Black Kite calls it a two-front crisis. Direct ransomware attacks jumped 76% in the first quarter of 2026, year over year. Half of the sector’s vendors now carry critical … Read more

Brit Launches FI Cyber Max to Tackle Cyber Risk for Financial Institutions

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Brit Group Holdings Limited has introduced FI Cyber Max, a consortium designed specifically to address cyber risks faced by large financial institutions. The offering streamlines insurance for complex cyber exposures, meaning it makes it easier for institutions to get coverage for incidents like data breaches and system disruptions. Brit said the structure aims to simplify … Read more