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 ...

In the latest Reporters' Notebook video, we discuss risk quantification and what the cyber insurance policy covers (and what ...

Cyber risk transfer is fragmenting, forcing boards to rethink cyber oversight, incident response, executive liability, and insurance gaps.

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 ...

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.

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 ...

Insurance has always evolved with new forms of risk, but cyber insurance has moved faster than any line before it. It is still young yet already central to how companies think about resilience. In my ...

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, ...

Candace Marley is an owner-operator in Iowa with more than a decade of experience on the road. The thought that most rigs are giant computers on wheels isn't far from her mind and, like many truckers, ...

October is Cybersecurity Awareness Month. Cybersecurity is a hot topic for the insurance sector today and a growing concern for many businesses. Businesses, large and small, should consider cyber ...

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 ...