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Security teams expect breach and incident reporting requirements to create more work

Most IT security professionals will focus on improving “detect” and “respond” capabilities, amidst concern over increasing costs and regulatory pressures, according to …

cyber insurance
Most startups have cyber insurance but are uncertain about how much risk is covered

Despite the significant economic headwinds startups currently face – from a challenging fundraising landscape to inflation woes and difficult operational decisions – company …

cyber insurance
What cyber insurance really covers

With cybersecurity threat vectors evolving every day and with attackers employing a more innovative and unpredictable approach through combining various types of attack, it’s …

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Cybersecurity recovery is a process that starts long before a cyberattack occurs

While most organizations have insurance in case of cyberattacks, the premium they pay depends on how the business identifies, detects and responds to these attacks – and …

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SMBs are hardest-hit by ransomware

Coalition announced the mid-year update to its 2022 Cyber Claims Report detailing the evolution of cyber trends, revealinig that small businesses have become bigger targets, …

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With cyber insurance costs increasing, can smaller firms avoid getting priced out?

Cyber insurance is quickly becoming an unavoidable part of doing business as more organizations accept the inevitability of cyber risk. There is a growing awareness of the …

Businesses expect the government to increase its financial assistance for all ransomware incidents

Businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000, while over …

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Organizations are losing cyber insurance as an important risk management tool

The number of organizations that will be either unable to afford cyber insurance, be declined cover, or experience significant coverage limitations is set to double in 2023, …

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Organizations would like the government to help with ransomware demand costs

Businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000, while over …

cyber insurance
As the cost of cyber insurance rises, the number of organizations who can’t afford it is set to double

The number of organizations that will be either unable to afford cyber insurance, be declined cover, or experience significant coverage limitations is set to double in 2023, …

Jonathan Reiber
Cyberattack prevention is cost-effective, so why aren’t businesses investing to protect?

Cyberattacks like ransomware, BEC scams and data breaches are some of the key issues businesses are facing today, but despite the number of high-profile incidents, many …

cyber insurance
Ransomware looms large over the cyber insurance industry

A Panaseer survey of global insurers across the UK and US found that 82% are expecting the rise in premiums to continue, with 74% of insurers agreeing that their inability to …

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