There must be a consideration of the ethical question of contributing to the payment of extortion demands of cybercriminals. Any company that is paying a cyber insurance premium, regardless of whether ...

After decades of fortifying cybersecurity defenses, many companies are boosting cyber insurance from a rear guard position to the front lines, increasingly seeing ransomware, phishing and other costly ...

Cyber insurance has evolved from a niche product into a critical component of enterprise risk management, fundamentally changing how organizations approach cybersecurity. Unlike traditional property ...

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.

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, ...

When the BlackCat ransomware gang compromised healthcare-billing services firm Change Healthcare in February, several security controls failed: The company did not adequately protect its Citrix remote ...

June 13, 2024 - While the cyber and data privacy insurance market continues to mature, the escalating cyber threat landscape, coupled with ever expanding domestic and foreign data privacy and cyber ...

If there was ever any doubt about the relationship between cybersecurity and the cyber insurance industry, then Black Hat USA 2024 dispelled it. A full afternoon on a main stage was dedicated to the ...

As critical vulnerabilities hit an alarming 35,000+ Common Vulnerabilities and Exposures (CVEs) this year, it’s clear that all businesses—from SMBs to large enterprises—face a volatile threat ...

Cyber insurance premiums in the U.S. are beginning to stabilize as insurers see improved risk profiles from organizations that have invested in stronger security controls and resilience practices. At ...

LONDON, July 1 (Reuters) - Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden ...