“Every business that uses a computer or has employees needs cyber insurance. While most examples in the media and those shared by our broker partners involve Fortune 500 companies, our data shows that 90% of the cyberattacks we see are against businesses with under $50 million in revenue.”

Sophos report finds that companies investing in cyber defenses not only improve their security, but also gain other benefits, including lower premiums.

Howden’s cyber insurance report portrays a stabilizing market poised for growth and innovation, despite an evolving threat landscape.

CFC’s chief underwriting officer shares emerging opportunities in specialty lines, future pricing trends, and the six fundamental elements that make up cyber risk prevention and underwriting.

The U.S. cyber insurance market faces challenges as premium growth slows and insurers grapple with evolving cyber risks, according to an analysis by AM Best.

Marsh reports record number of cyber claims in 2023, with ransomware demands soaring despite more companies refusing to pay.

Having a broad experience in the high net worth space, PRMA’s Diane Delaney is excited to be putting that to work for the organization she now leads.

“While we still conduct traditional assessments, such as scanning internet-facing systems to identify vulnerabilities, we take it a step further by applying AI models to truly understand the risk. There’s a common misunderstanding in the market that security scans and scores are the same as risk ratings, but there’s a significant difference.”

Organizations must prioritize endpoint data security to effectively manage the growing risks posed by remote work, sophisticated cyber threats, and regulatory requirements, a new report finds.

Generative AI has enabled people to create images and content faster than ever before. Employers must remain vigilant should an employee choose to create nefarious and harassing content of their coworkers.

Munich Re’s survey underscores the urgent need for robust cyber security and insurance amid escalating cyber threats and a widening protection gap

Cybersecurity firm CYE finds that 80% of insured companies lack sufficient coverage to cover the cost of data breaches.

As cybercrime claims activity rises, Coalition’s report emphasizes the critical role of robust cybersecurity measures.

Amidst evolving regulations and market competition, the D&O and cyber liability insurance sectors are seeing rates level off, reports BRP Group.

Despite robust underwriting profits, U.S. cyber insurance market faces stagnation in premium volume due to pricing pressure and evolving cyber risk landscape, according to Fitch Ratings.

With rising cyber threats, the U.S. cyber insurance market faces hardening conditions in 2024, as KYND Ltd.’s survey reveals increased rates and underwriting standards.

Advancing how insureds and their insurers collect and share cybersecurity data is the goal of Secondsight’s Reuben Vandeventer.

An experienced insurance executive, David Lewison of Amwins discusses the wars in Ukraine and Gaza and their impact on cyber warfare and insurance.

Health care facilities are an attractive and vulnerable target for cyberattack. Understanding the cyber landscape and getting the right insurance team in place is just the first step to stopping cybercriminals in their tracks.

Challenges are emerging in the hybrid work environment.