The Source for Cyber Insurance News, Insights and Data
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
Coalition has announced the acquisition of Wirespeed, an automated cybersecurity platform that processes threat detections in milliseconds. The move integrates managed detection and response (MDR) with Coalition’s cyber risk management tools and cyber insurance coverage, offering faster, automated protection against evolving cyber threats. Automated MDR Meets Active Insurance Joshua Motta, Coalition’s CEO, said the acquisition … Read more
Retail ransomware attacks have been in the news. Co-op’s shutdown exposed a coverage gap; it carried no cyber insurance. Marks & Spencer, insured, saw its statutory profit plunge 99% to £3.4m and received £100m in insurance payments. Sam’s Club (Walmart), Victoria’s Secret, Dollar Tree, the list could go on. Sophos’ new report, “State of Ransomware … Read more
VPNs from Cisco and Citrix pose the highest ransomware risk, while email-related cyber incidents jumped 30% last year, according to At-Bay’s 2025 InsurSec Rankings Report. The annual study, based on more than 100,000 policy years of claims data, shows that email and remote access together accounted for 90% of cyber insurance claims in 2024. The … Read more
LevelBlue announced it will acquire Cybereason, strengthening its leadership in managed detection, response, and threat intelligence. The deal positions LevelBlue as the world’s largest pure-play managed security services provider (MSSP). Strategic Move to Unify Cyber Defense The acquisition integrates Cybereason’s advanced Extended Detection and Response (XDR) platform with LevelBlue’s AI-driven Managed Detection and Response (MDR) … Read more