The Source for Cyber Insurance News, Insights and Data
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Marsh and others look at Ransomware; Partnerships abound Backblaze and Coalition as well as Cavelo and DataStream: Vantage Risk Launches; And a reminder cybercriminals take out targets large and small. Some we reported on, and others we found … Read more
The persistent threat of ransomware continues to pose significant dangers to organizations worldwide. Recent news from around the world highlights the idea that combating this menace should involve banning ransomware payments to curb the growing threat. In light of these developments, the Marsh report, “Ransomware: A Persistent Challenge in Cyber Insurance Claims,” provides valuable insights … Read more
In the first quarter of 2024, the UK cyber insurance market has become increasingly buyer-friendly, characterized by abundant capacity and intense competition among insurers, according to Marsh’s report “Q1 2024 UK Cyber Insurance Report: Trends, Tips, and Strategies for Navigating the Digital Risk Landscape.” This competitive environment has driven significant rate decreases. “In the first … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Reports to note, Cobalt on Pentesting, Netwrix on global cyberattacks, SecurityScorecard “Redefining Resilience” in the digital economy. Aviva, RiskEye, and Berkley with human concerns. And partnership and acquisition news … Read more
Marsh, a global insurance broker, and risk advisor has expanded its Cyber ECHO facility by adding a $25 million layer to the existing $100 million capacity. This enhancement increases the total excess cyber insurance coverage available to Marsh clients to $125 million, establishing it as the largest facility of its kind in the market. The … Read more