The Source for Cyber Insurance News, Insights and Data
Ransomware crews can cripple a firm in minutes. They can freeze files, block payments, and stop customer service. Digital Minister Liz Lloyd delivered that warning to insurance brokers at BIBA’s manifesto launch. Lloyd set the tone early, saying, “Cyber security is not optional.” She added, “It is foundational to our national security, our economy, and … Read more
By: Dr. Zia Muhammad Businesses face a continual threat of cyberattacks, as recent cyberattacks on critical US infrastructure in the Pittsburgh area and healthcare systems nationwide have shown. These attacks can be sophisticated, persistent, and represent a significant threat to every company in any industry. For those in critical infrastructure, a breach doesn’t just affect their bottom line; it poses severe safety … Read more
Chubb appointed Jimaan Sané as Head of Growth, Global Cyber, effective immediately. Sané will run performance and expansion for global cyber growth strategies. He will work with distribution and underwriting teams to deliver cyber insurance to clients and brokers. Chubb said the role spans all industries and sizes. Mike Kessler, Chubb’s Global Cyber Risk president, … Read more
Ever been in a massive traffic jam and wonder what the heck was causing it? The citizens of one city actually got a (disturbing) answer — a cyber hack was the culprit. The Polish town of Olsztyn—a “Smart City” with automated traffic monitoring and Wi-Fi-equipped trams—ground to a halt in 2023 due to a cyber … Read more
America’s wealthiest households are confronting rapidly escalating cyber threats, yet many remain significantly underinsured and lack adequate family and personal cyber insurance, according to new findings from the 2025 PRMA Private Client Insurance Insights Survey. The full survey results reveal a widening disconnect between rising digital risks and the protection strategies high-net-worth (HNW) families have … Read more