With cyberattacks a when-not-if scenario, companies increasingly rely on insurers to minimize financial pain when prevention ...
In 2024, the U.S. Small Business Administration warned small businesses and entrepreneurs to stay aware of cybersecurity threats due to the impact on their bottom line (and resiliency). Cybersecurity ...
According to a 2025 report on cyber insurance trends published by Munich Re, the global cyber insurance market totaled $15.3 billion in 2024, and is expected to reach $16.3 billion by the end of 2025.
In an era where digital threats are continuously evolving, businesses are more vulnerable than ever. Cyber insurance has emerged as a crucial component of a comprehensive security strategy, providing ...
Government has made it clear that it sees the insurance industry as central to its cyber resilience plans, so the insurance ...
It is not news that cyberattacks are considered a top global concern. In 2024, the average financial cost of cyber incidents worldwide was $4.88 million. In the US, the average was even higher: $9.36 ...
Hackers are aggressively targeting small and medium-sized businesses: One in every three SMBs was hit with ransomware in 2024, according to research from Microsoft. The luckiest businesses will never ...
New cyber insurance claims data helps CISOs translate technical cyber risk into financial terms that CFOs and boards can act ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes. Facing ever-mounting cyberthreats, ...
The U.S. federal government is reigniting a long-running debate over whether catastrophic cyber risk requires a public backstop. See Also: Akamai Study Shows Microsegmentation Boosts Security A ...
October is Cybersecurity Awareness Month. Cybersecurity is a hot topic for the insurance sector today and a growing concern for many businesses. Businesses, large and small, should consider cyber ...
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