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 ...

SAN FRANCISCO--(BUSINESS WIRE)--Founders are discussing cyber insurance more than ever, with 83% talking to their investors and boards about cyber protection often or always — a 42% increase year-over ...

These three policies are full of contradictions. The carriers know it. I spent 20 years on the carrier and managing general agent side of insurance. I know how policies are structured to reduce 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 ...

A flood or fire might have devastated a business in the mid-1990s when offices were filled with filing cabinets and paper records. Today, most of those assets are in the cloud, and business insurance ...

Is cyber liability insurance worth it? Small businesses are often easy targets for malware, ransomware attacks, data breaches and other cyber attacks. For many, these incidents can be a serious threat ...

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 ...

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 ...

At his last startup, an investor challenged Coalition CEO Joshua Motta and his team to steal $100,000 from his bank account. They thought like hackers— and did it in three days. Coalition saw that the ...

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.

Cyber Insurance Statistics: Cyber insurance had moved from being nice to have to really being a core risk tool by 2024. Why? The attacks kept rolling in, breach costs kept pushing upward, and boards ...