The Source for Cyber Insurance News, Insights and Data
Joseph Wright of Blue Team Alpha recently explained on the Cyber Insurance News podcast that incident response planning saves money. “The financial hit multiplies ten to fifteen times beyond what proactive measures would have cost,” Wright said. You can hear that episode here or here. That message now echoes in a major report from Marsh … Read more
20/20 Vision for Cyber Risk – AOAExcel sees the cyber risk and the need for cyber liability insurance in optometry. Along with Lockton Affinity, they have launched coverage to protect optometric practices from the costs and reputational damage done by a cyberattack. A leading cyber insurer underwrites the coverage. The move targets rising cyber threats. … Read more
The Risk Placement Service (RPS) 2025 Cyber Market Outlook reads like a dashboard for the Cyber Insurance Market. Prices cool, capacity swells, and systemic exposures intensify. Vendors sit at the blast radius as incidents cascade across customers. AI accelerates crime and complicates coverage. Steve Robinson, RPS National Cyber Practice Leader, sets the stakes and the … Read more
NOT IF BUT WHEN Cyber risk moves markets and balance sheets. It hits fast and hard. Marks & Spencer forecasts about £300 million in lost operating profit after its April ransomware attack this year. Clorox is suing Cognizant for $380 million over a breach tied to 2023, with the claim filed this year. SK Telecom’s … Read more
Law firm cybersecurity and incident response now drive real insurance and budget risk. The American Bar Association says 42% of firms with 100 or more employees have suffered a data breach. That shouldn’t surprise. Integreon has published The Complete Guide to Reducing Cyber Incident Response Costs in the Legal Industry. The guide presents cost-control steps … Read more