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 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, ...

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 ...

ERGO NEXT reports that cyber liability insurance is crucial for small businesses facing high cyber attack risks, helping cover significant costs.

(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 ...

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 rising cost of cyber insurance is especially troubling for K-12 schools, which don’t have the same revenue streams as large corporations but are sought-after targets for ransomware groups due to ...

Organizations are investing more than ever to protect themselves from the looming threat of cybercrime. Insurance broker and risk advisor Marsh revealed that US cyber insurance premiums rose by an ...