The Source for Cyber Insurance News, Insights and Data
Ransomware and financial fraud attacks are increasingly targeting businesses with higher frequency and greater cost. Mid-market companies now face average ransomware losses of nearly $470,000 and financial fraud claims of about $270,000. Many standard policies fall short of covering these risks. At-Bay has launched new InsurSec solutions designed to close that gap. The industry-first packages … Read more
The Executive Summary of Arctic Wolf’s 2025 Cyber Insurance Outlook begins with an increasingly common yet no less ominous warning: “The risk of cyber attacks is no longer theoretical; it is a daily operational concern.” The Core Problem: Protection Promised, Protection Denied Many buyers expect broad protection. Claims data tells a tighter story. Only 12% … Read more
News Amid 2024 Threat Surge – France spent 2024 on alert as Paris readied the Games and attackers gathered. France’s National Agency for the Security of Information Systems (ANSSI) logged 4,386 cybersecurity events. That represents a 15% over 2023. Intrusions targeted critical infrastructure and Olympics-linked systems drew intensified strikes. The year’s story was “pression” (pressure), … 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
ESET and Amwins Launch Cyber Insurance Initiative ESET and Amwins announced a partnership to help businesses meet cyber insurance requirements with advanced cybersecurity tools. The partnership offers Amwins clients exclusive discounts on ESET’s Managed Detection and Response (MDR) service. “Whether clients are entering the market for the first time or facing a challenging renewal, Amwins … Read more