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 ...

Having a cyber insurance policy that keeps up with both market trends and threat actors’ approaches is a surefire way of ...

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 ...

A steady decline in premium rates over the past year has made it more affordable than ever for organizations of all sizes to acquire cyber-insurance coverage. Much of the decline is the result of a ...

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 ...

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 ...

A strong cyber insurance program is a critical risk management tool for companies, regardless of size or industry focus. When properly crafted, cyber insurance should protect a company against the ...

More organizations than ever subscribe to cyber insurance, yet the number of claims are plummeting, according to a new report by UK backup solutions provider Databarracks. In its 2024 Data Health ...

As a business owner, you may need various types of insurance to limit financial losses for your company. If you store or process any sensitive customer information, such as their names, addresses or ...