The Source for Cyber Insurance News, Insights and Data
A fake invoice arrives in an inbox, written in a convincing tone and sent at just the right time. The payment seems routine, but the bank details are unfamiliar. This is often how breaches begin for wealthy families, which is why family office cybersecurity is now as important as tax, governance, and investment risk. The … Read more
The saying “two nations divided by a common language” still applies in tech. The UK and US even differ on “cyber security” versus “cybersecurity.” Here, we’ll use cybersecurity. No matter the spelling, UK cybersecurity jobs are booming. Socura has released a new report on UK cybersecurity jobs. The company provides managed detection and response services … Read more
A ransomware crew hits the ticketing system hours before doors open. Screens go dark. Gates stay shut. Plans get scrapped. Fans vent disappointment and anger. The promoter files an insurance claim under the event cancellation cyber extension and then asks the hard question: Does it also cover cyber liability exposures? Event Cancellation Cyber Coverage Targets … Read more
A ransomware attack or wire-fraud scheme can quickly affect an entire private equity portfolio. Coalition believes that stronger cyber insurance and continuous security tools can help reduce this risk. The company has launched a Private Equity Practice for firms, sponsors, general partners, and their portfolio companies. This new service combines cyber insurance with cybersecurity tools … Read more
Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated. “This new capital injection will enable us to accelerate a model … Read more