Sophos has released findings from its survey, “Cyber Insurance and Cyber Defences 2024: Lessons from IT and Cybersecurity Leaders.” According to the report, 97% of those with a cyber policy invested in improving their defences to help with insurance, with 76% saying it enabled them to qualify for coverage, 67%Read More…
Edwin Weijdema, Field CTO & Lead Cybersecurity Technologist at Veeam, discusses the role of cyber insurance in protecting critical digital assets.Read More…
Criminal activities surged in the first half of the year, with Check Point Research (CPR) reporting an 8% increase in global weekly cyberattacks in the second quarter, marking the highest volume in two years. Familiar threats such as ransomware and hacktivism have evolved, with criminal gangs modifying their methods andRead More…
Tech Mahindra announced a strategic partnership with Surance.io, an innovative personal cyber insurance platform that will provide international multilingual tech support and enhance cybersecurity solutions to reinforce secure digital transformation in the insurance sector.Read More…
Phil Muncaster, guest writer at ESET explains that while its not a ‘get out of jail free card’ for your business, cyber insurance can help insulate it from the financial impact of a cyber-incidentRead More…
Safe Security recently launched SafeInside Insurance, the first cybersecurity Managing General Agent (MGA) leveraging API-based cyber risk telemetry and quantified insights to underwrite cyber insurance.Read More…
Saket Modi, Co-founder & CEO, Safe Security, explains why Organizations will have to proactively prepare for ransomware attacks and have dedicated playbooks in place to manage and mitigate them.Read More…
At-Bay, a cyber insurance company, has received $185 million at a $1.35 billion valuation to expand its business, as many in the cyber industry continue to suffer losses as a result of ransomware attacks. According to the firm, it just reached $160 million in annual recurring income, with premium growthRead More…
