An increase in cyber-insurance claims in 2023, driven by a more active threat landscape, will likely mean that last year's price plateau in cyber-insurance premium costs will be short-lived, according ...

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 ...

Is cyber liability insurance worth it? Small businesses are often easy targets for malware, ransomware attacks, data breaches and other cyber attacks. For many, these incidents can be a serious threat ...

A consistent pattern emerges in data breach and cyber-attack cases when companies turn to their insurers for coverage after such incidents. Whether they possess specialized cyber insurance or not, ...

The Fifth Circuit added to the emerging body of case law addressing the recovery of business income losses in the cyber insurance coverage context to kick-start 2024 in Southwest Airlines Company v.

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 ...

While many enterprises have some form of cyber insurance coverage, only 26% have a standalone policy that specifically addresses cyber risk. Cyber insurance — like other forms of insurance – is a ...

The time and effort required to obtain cyber insurance is increasing significantly for US organizations, with the number of companies requiring six months or more rising year over year. That’s ...

Back in November 2022, Russian computers were surreptitiously scanning American computers when they stumbled into a trap: a network of 400 virtual servers with IP addresses that appeared to belong to ...