An increase in cyber-insurance claims in 2023, driven by a more active threat landscape, will likely mean that last year's price plateau in cyber-insurance premium costs will be short-lived, according ...

The cyber-insurance market continues to generate profits for underwriters, but competition in the market and softening demand has led to a decline in the total revenue from premiums for the third ...

ERGO NEXT reports that cyber liability insurance is crucial for small businesses facing high cyber attack risks, helping ...

A consistent pattern emerges in data breach and cyber-attack cases when companies turn to their insurers for coverage after such incidents. Whether they possess specialized cyber insurance or not, ...

The Fifth Circuit added to the emerging body of case law addressing the recovery of business income losses in the cyber insurance coverage context to kick-start 2024 in Southwest Airlines Company v.

Ransomware-driven premium spikes of the past few years appear to be leveling off, while EU regulations encourage more businesses to consider coverage. Cyber insurance costs have stabilized over the ...

(TNS) — Edwardsville officials are taking steps to prevent the city from becoming a victim of a ransomware attack. Finance Director Jeanne Wojcieszak and Information Technology Director Devin Gray ...

While many enterprises have some form of cyber insurance coverage, only 26% have a standalone policy that specifically addresses cyber risk. Cyber insurance — like other forms of insurance – is a ...

Organizations are investing more than ever to protect themselves from the looming threat of cybercrime. Insurance broker and risk advisor Marsh revealed that US cyber insurance premiums rose by an ...

The rising cost of cyber insurance is especially troubling for K-12 schools, which don’t have the same revenue streams as large corporations but are sought-after targets for ransomware groups due to ...

Sean Harper, cofounder and CEO of Kin, a home insurer available in six states that had $68 million in revenue in 2022. From startups protecting against cyber attacks to a new home insurer aiming to ...