Risk Management

MAPFRE RE Partners with CyberCube to Enhance Cyber Risk Management

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MAPFRE RE has signed a three-year agreement with CyberCube to enhance its cybersecurity risk management capabilities. The partnership allows the global reinsurer to license CyberCube’s cyber risk analytics tools. MAPFRE RE Licenses CyberCube’s Risk Assessment Solutions MAPFRE RE will use CyberCube’s cyber accumulation solution to improve risk assessment. This move aligns with the broader and … Read more

Coalition Expands Cyber Insurance Partnership with MS&AD via $30M Investment

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Investment Strengthens Global Cyber Insurance Reach Coalition, a cyber insurance provider, announced a $30 million equity investment from Mitsui Sumitomo Insurance Co., Ltd. (MSI), a part of MS&AD Insurance Group. This investment expands their strategic partnership. It aims to increase the global availability of Coalition’s Active Insurance model for companies seeking to reduce digital risk. … Read more

Third-Party Cyber Risk Drove Major Financial Losses in 2024, Resilience Finds

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Third-Party Risk Accounted for Nearly a Quarter of Material Claims According to new data from cyber risk firm Resilience, third-party risk became a leading cause of cyber insurance claims in 2024. The report found that vendor-related incidents accounted for 31% of all claims and nearly 23% of incurred losses. In 2023, third-party risk had no … Read more

SecurityScorecard and KPMG in Canada Partner to Improve Cybersecurity for Critical Sectors

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SecurityScorecard and KPMG in Canada have announced a strategic agreement to enhance cybersecurity for critical sectors. The partnership introduces SecurityScorecard MAX, a Supply Chain Detection & Response (SCDR) solution, as a managed service in Canada. Enhancing Supply Chain Security SecurityScorecard MAX focuses on identifying and mitigating cybersecurity risks across vendor networks. KPMG in Canada will … Read more

SecurityScorecard and P3 Group Partner to Improve Global Supply Chain Security

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SecurityScorecard and P3 Group have announced a strategic partnership to improve supply chain security worldwide. SecurityScorecard’s MAX Managed Service will be integrated into P3 Group’s cybersecurity offerings, providing clients with enhanced threat detection and risk mitigation tools. Enhancing Supply Chain Security SecurityScorecard, a firm in Supply Chain Detection and Response (SCDR), offers real-time security ratings … Read more

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