The Source for Cyber Insurance News, Insights and Data
Partnership Focuses on Cybersecurity and Insurance Integration Cork Protection and UKON announced a partnership on June 9, 2025, aimed at transforming Managed Service Providers (MSPs). The new collaboration enables MSPs to provide businesses with practical advice on cyber risks. MSPs traditionally handle IT support and cybersecurity tasks. The Cork Protection UKON partnership grows the role, … Read more
How do you not report on royalty when it arrives? Not in Buckingham Palace — but in cybersecurity. Jacqueline Spencer-Sim, dubbed “Risk Royalty,” is joining Cipriani & Werner, marking the law firm’s first hire in the United Kingdom. Spencer-Sim Joins from Hamilton Specialty Group Spencer-Sim brings more than 15 years of experience in cyber risk … Read more
Private Equity Faces Escalating Cybersecurity Risks Private equity firms are navigating an increasing number of cyber risks. These firms manage large volumes of sensitive data. They interact with interconnected networks of portfolio companies and third-party providers. This interconnectedness creates vulnerabilities. If one link in the chain is breached, the entire chain can be at risk. … Read more
Wipro’s latest Cybersecurity Report 2025 reveals a dramatic shift in how Chief Information Security Officers (CISOs) worldwide are adapting to rising cyber threats and tightened budgets. Released by Wipro Limited, the report surveyed over 100 cybersecurity leaders and delivers a sobering yet forward-looking snapshot of global cyber defense trends. Organizations are under financial and digital … Read more
Cyber Insurance Rates Drop Amid Stable Market Conditions The US cyber insurance market saw a 5% average rate decrease in Q4 2024, continuing a trend of pricing stability. Marsh reported that favorable conditions are expected to persist into 2025. Companies improved their cybersecurity controls, which underwriters viewed positively. Organizations also adjusted their insurance programs. Many … Read more