Skip to content
  • Cyber Insurance Books
  • Cyber Insurance Reports & Documents
  • Cyber Insurance Acronyms/Terms
  • Cyber Insurance Companies: Carriers, Brokers & Vendors
  • Industry Response: Potential Federal Insurance Response to Catastrophic Cyber Incidents
  • Ransomware Insurance
  • How Much Is Cyber Insurance?
  • Considerations for Buying Cyber Insurance
  • Cyber Liability Insurance Near Me
  • Cyber Insurance Quote
  • About Cyber Insurance News
  • Privacy Policy
  • Newsletter
  • Glossary
  • Legal Analysis & Full Text of 2023 SEC Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
  • Glossary
Cyber Insurance News

Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

  • Reinsurers to Enter Cyber Market in 2024, Forecasts CyberCube Report Cyber Insurance Reports
  • AXA XL Launches Tailored Cyber Insurance Endorsement for Construction Industry Cyber Insurance
  • Eye Security Locks in €36 Million to Bolster Cybersecurity Solutions for European Mid-Market Cyber Insurance
  • 20% of Nation’s Population Has Data Stolen in Hack: Report  Cyber Insurance Threats
  • Global Cyber Insurance Pricing Increases 32% YoY (June): Howden Report Cyber Insurance Premiums
  • The “Ransomware Business Model”  Cyber Insurance Carriers & Brokers
  • Cyber Insurance Sunday – Upload Cyber Insurance Sunday - Upload
  • CFC Levels Up Proactive Cyber Game with Cybersecurity Veteran Jason Hart Cyber Insurance People

Penetration Testing To Grow With Cyber Insurance – Report

Posted on October 13, 2023October 13, 2023 By Martin Hinton

According to a new report by SNS Insider, the global penetration testing market anticipates reaching USD 4.13 billion by 2030, with a projected CAGR of 13.42% from 2023 to 2030….

Read More “Penetration Testing To Grow With Cyber Insurance – Report” »

Cyber Insurance Reports

Cyber Insurance News

Cyber Insurance News
RSA’s 2025 ID IQ Cybersecurity Report “Shocked”-Highlights High Costs of Identity Breaches and Shift Toward AI and Passwordless SecurityListen to the ArticleIn a landscape where digital security is paramount, RSA’s 2025 ID IQ Report underscores critical cybersecurity trends that organizations need to be aware of. Rohit Ghai, RSA’s CEO, frames the study as a reality check and a call to action. The report analyzes responses from over 2,000 cybersecurity, identity, access management, and tech professionals from 62 countries. Despite many participants identifying as experts in cybersecurity, they struggled with essential security principles, revealing a gap for organizations aiming to stay secure. Designed to assess knowledge of crucial security practices like Zero Trust architecture and password management, the report produced surprising results: nearly half of all participants answered at least half of the questions incorrectly.“We were surprised—if not a little shocked—at some of the answers we got back.”Rohit Ghai, RSA’s CEOThe responses highlight vulnerabilities that attackers can exploit and raise concerns about industries’ security preparedness. For instance, participants commonly misunderstood Zero Trust, a framework critical in today’s landscape where insider threats are rising. Misunderstanding such a foundational concept can result in ineffective defense strategies and increased attack exposure. Similarly, password management questions revealed widespread gaps, with many respondents failing to recognize the importance of unique, complex passwords and the risks of password reuse. This practice can compromise an entire organization if a single account is breached.In his executive summary, Ghai was somewhat blunt: “We were surprised—if not a little shocked—at some of the answers we got back.”Our further takeaways are as follows. You can read the whole report
RSA’s 2025 ID IQ Cybersecurity Report “Shocked”- Identity Breaches , AI and Passwordless Security
Microsoft’s latest Digital Defense Report highlights an alarming rise in the complexity and scale of cybersecurity threats, urging a collective defense strategy to counter both state-sponsored and criminal attacks. The Digital Defense Report 2024 provides an in-depth overview of the latest changes in the global cybersecurity landscape. The report outlines significant shifts in the nature of cybersecurity threats and cyberattack patterns across multiple countries, focusing on ransomware, fraud, and identity and social engineering attacks. In response to these developments, Microsoft emphasizes the need to adopt key cybersecurity practices, including strengthening defenses in an AI-driven era. Panji Wasmana, National Technology Officer at Microsoft Indonesia, highlighted the importance of collective responsibility in cybersecurity. He emphasized that addressing cybersecurity threats is not solely the responsibility of the IT team; instead, it involves every individual within an organization. Wasmana pointed out the benefits of implementing Zero Trust principles. That entails practices like always verifying user identities, limiting data and device access, and assuming a breach has occurred. He also recommended using passkeys—digital keys protected by biometric data or a PIN—as a more secure alternative to traditional passwords. Our summary of the report follows; you can read it all here, https://cyberinsurancenews.org/cybersecurity-threats-escalate-microsoft-warns-of-increasingly-sophisticated-attacks-in-2024/
Cybersecurity Threats Escalate: Microsoft Warns of Increasingly Sophisticated Attacks in 2024
Cyber insurance claims and risks are surging as premiums dip, putting the industry in a precarious position. Despite strides in cybersecurity protocols, insurers are struggling to keep up with an onslaught of complex and frequent cyber incidents. From large-scale data breaches to double extortion ransomware, the threats can seem countless. Industry experts warn that if these trends persist, the financial stability of the sector could be at risk. That’s the big takeaway from Gallagher Re’s 2024 Cyber Loss Trends Survey, which sheds light on these challenges and offers a glimpse into the turbulent landscape facing cyber insurers today. Gallagher Re conducted this survey between May and July 2024, gathering insights from 17 participants across the insurance and reinsurance sectors, each covering a variety of target markets and customer demographics. By analyzing historical claims data from the last three years and the professional judgment of industry insiders, the survey provides a nuanced view of cyber insurance’s current state and potential future. Gallagher Re plans to repeat this survey annually to track evolving trends and their impact on claims frequency and severity. We took a look at the executive summary, and our thoughts follow; you can read it for yourself at this link https://cyberinsurancenews.org/rising-cyber-claims-pressure-insurers-to-adapt-as-threats-evolve/.
Rising Cyber Claims Pressure Insurers to Adapt as Threats Evolve
Load More... Subscribe

RSS Cyber Insurance Feed

  • Vienna Insurance Group Launches Specialist Cyber Security Company
  • Telenor Denmark ties up with Tryg to offer cyber insurance to SMEs - Telecompaper EN
  • Cyber Risk | Insurance Broking & Risk Management - Marsh
  • Howden Safe+ aims to simplify cyber insurance for mid-market businesses - Insurance Business
  • Telenor Denmark ties up with Tryg to offer cyber insurance to SMEs
  • THE CYBER INSURANCE IMPERATIVE with David Finz. S6:E19
  • Asia Pacific: Opportunities exist in accident & health, cyber, and electric vehicle insurance - Asia Insurance Review

Archives

  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • December 2020

Archives

  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • December 2020

Get the Cyber Insurance Newsletter

Receive weekly updates on the top news on cyber insurance.

Tags

AI Aon Artificial Intelligence At-Bay Beazley CFC Chubb Coalition Coalition Insurance Company (CIC) Corvus Cowbell Cowbell Cyber crowdstrike cyber attack cyberattack Cybercrime cyber crime CyberCube cyber insurace cyber insurance cyberinsurance cyber insurance best practices cyber insurance for small businesses Cyber liability Insruance cyber liability insurance cyberliabilityinsurance Cyber Risk Cybersecurity cyber security cybersecurity insurance healthcare Howden Lloyds Marsh Measured Analytics and Insurance Microsoft netwrix personal cyber insurance Ransomware Resilience SecurityScorecard small business Sophos United Kingdom Zurich Insurance

Categories

  • AI & Cyber Insurance
  • Critical Infrastructure cyber insurance and security
  • Cyber Insurance
  • Cyber Insurance APAC
  • Cyber Insurance Best Practices
  • cyber insurance captive
  • Cyber Insurance Carriers & Brokers
  • Cyber Insurance Claims
  • cyber Insurance EU
  • Cyber Insurance Financial Institutions
  • Cyber Insurance for Government
  • Cyber Insurance for Healthcare
  • Cyber Insurance for Schools
  • Cyber Insurance for SMEs/SMBs
  • Cyber Insurance for Utilities
  • Cyber Insurance Industry Groups
  • Cyber Insurance Investments and M&A
  • Cyber Insurance Jobs
  • Cyber Insurance Laws & Regulations
  • Cyber Insurance Litigation
  • Cyber Insurance Market Size
  • cyber insurance MENA
  • Cyber Insurance People
  • Cyber Insurance Policies & Strategies
  • Cyber Insurance Premiums
  • Cyber Insurance Reports
  • Cyber Insurance Sunday – Upload
  • Cyber Insurance Systemic Risks
  • Cyber Insurance Tech
  • Cyber Insurance Threats
  • Cyber Insurance UK
  • Cyber Insurance Underwriting
  • Cyber Insurance Wholesaler
  • Cyber Regulations
  • Cyber War Exclusions
  • Cybersecurity
  • Cybersecurity and Credit Ratings
  • Cybersecurity for SMBs
  • Cybersecurity Investment
  • cybersecurity M&A
  • Cybersecurity people
  • Cybersecurity Report
  • Cybersecurity Training
  • Department of Homeland Security
  • EU Cybersecurity
  • Insurance Linked Securities/ILS
  • Insurance Loss Warranty contract/ILW
  • Managed Service Providers
  • National Association of Insurance Commissioners' (NAIC) model cybersecurity law
  • Non-criminal Claims/Non-Malicious Claims
  • Opinion/Commentary
  • Personal Cyber Insurance
  • Personal CyberSecurity
  • Ransomware Insurance
  • Reinsurance
  • Risk Modeling
  • Small Business
  • Supply Chain Cybersecurity And Insurance

Send Ideas, Requests & Comments




    • Cyber Insurance Books
    • Cyber Insurance Reports & Documents
    • Cyber Insurance Acronyms/Terms
    • Cyber Insurance Companies: Carriers, Brokers & Vendors
    • Industry Response: Potential Federal Insurance Response to Catastrophic Cyber Incidents
    • Ransomware Insurance
    • How Much Is Cyber Insurance?
    • Considerations for Buying Cyber Insurance
    • Cyber Liability Insurance Near Me
    • Cyber Insurance Quote
    • About Cyber Insurance News
    • Privacy Policy
    • Newsletter
    • Glossary
    • Legal Analysis & Full Text of 2023 SEC Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
    • Glossary
    • Typical? Iowa City Quadruples Cyber Insurance Coverage  Cyber Insurance Best Practices
    • Catherine Lyle: Cyber Dynamo Takes the Helm at Tokio Marine HCC Cyber Insurance People
    • Interesting Chubb Survey on Personal Cyber Insurance — But Could this Many People Really Have Such Policies?  Cyber Insurance Best Practices
    • Coalition Moves Upmarket  Cyber Insurance Carriers & Brokers
    • Lafourche Medical Group Settles with HHS in First-Ever Phishing Case Cyber Insurance for Healthcare
    • Sompo International appoints Jérôme Gossé as Head of Cyber Insurance, Continental Europe Cyber Insurance People
    • Cyberattacks on the Rise: Report Reveals Businesses Unprepared Cyber Insurance Reports
    • BlackCloak Secures $17M in Funding to Bolster Personal Cybersecurity Personal Cyber Insurance

    Related Cybersecurity Sites

    http://www.whatiscyberliability.com

    https://www.whatiscyberinsurance.com

    http://www.ddosattacktutorial.com

    http://www.ransomwareremovaltool.com

    Our Privacy Policy: https://cyberinsurancenews.org/privacy-policy/

    Copyright © 2024 Cyber Insurance News.

    Powered by PressBook Premium theme