In a cybersecurity landscape populated with increasingly complex threats, an integrated approach to cyber risk management that balances security controls and cyber insurance is crucial. But many ...
Cyber insurance has matured beyond its early role as a balance-sheet hedge. As cybercrime grows more complex and interconnected, buyers are no longer satisfied with coverage that responds only after a ...
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 ...
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 ...
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 ...
As more organizations seek out insurance, CISOs are becoming key advisors on coverage needs and learning to integrate policies into security response strategies. Demand for cyber insurance is up, and ...
Cyber insurance is viewed by many cybersecurity experts as a crucial component of a modern security strategy, given surging cyber incidents and associated business costs. The global cyber insurance ...
As VP of Engineering at Elpha Secure, Ratnesh drives cyber strategies and security portfolio tailored to protect SMEs against cyber threats. Cyber threats and breaches are continuing to skyrocket for ...
CyberCube, the enabler of cyber risk analytics for the insurance industry, marked the end of a positive year of strong growth, “surpassing 100 insurance organizations licensing CyberCube solutions.” ...
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 ...