Cyber Insurance Data Gives CISOs New Ammo for Budget Talks 2026-04-28 at 22:18 By Kevin Townsend Boards may ignore alerts, but they listen to losses: new data from Resilience links security gaps directly to financial impact. The post Cyber Insurance Data Gives CISOs New Ammo for Budget Talks appeared first on SecurityWeek. This article is […]
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Ransomware, fraud, and lawsuits drive cyber insurance claims to new peaks 2026-04-23 at 07:13 By Mirko Zorz The 2026 InsurSec Report from At-Bay, covering more than 100,000 policy years of claims data, documents a 7% year-over-year rise in overall claim frequency and an all-time high average severity of $221,000. Ransomware severity reached $508,000, up 16%
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Zurich Acquires Beazley in $11 Billion Deal to Lead Cyberinsurance 2026-03-04 at 18:29 By Eduard Kovacs The deal awaits final shareholder and regulatory approvals and is expected to be completed in the second half of 2026. The post Zurich Acquires Beazley in $11 Billion Deal to Lead Cyberinsurance appeared first on SecurityWeek. This article is
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What insurers expect from cyber risk in 2026 2026-01-13 at 07:33 By Anamarija Pogorelec Technology shifts, policy decisions, and attacker behavior are changing at the same time, and their effects increasingly overlap. Insurers, brokers, and security teams are feeling that pressure across underwriting, claims, and risk management. A new global study by CyberCube examines how
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Email blind spots are back to bite security teams 2025-11-24 at 07:04 By Anamarija Pogorelec The threat landscape is forcing CISOs to rethink what they consider normal. The latest Cybersecurity Report 2026 by Hornetsecurity, based on analysis of more than 70 billion emails and broad threat telemetry, shows attackers adopting automation, AI driven social engineering,
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What insurers really look at in your identity controls 2025-11-21 at 08:30 By Anamarija Pogorelec Insurers judge organizations by the strength of their identity controls and by how consistently those controls are applied, according to a new Delinea report. CISOs are entering a market that rewards maturity and penalizes gaps that once passed without scrutiny.
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Six metrics policymakers need to track cyber resilience 2025-10-09 at 07:48 By Anamarija Pogorelec Most countries are still making national cyber policy decisions without reliable numbers. Regulations often focus on incident reporting after damage is done, but they fail to give governments a forward-looking picture of resilience. A new report from Zurich Insurance Group argues
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Underwriting is shifting to AI-driven, real-time decisions by 2030 2025-10-02 at 07:45 By Anamarija Pogorelec Underwriting is undergoing a major transformation as financial institutions push for faster decisions, better fraud detection, and greater personalization, according to a new global Experian report. By 2030, credit decisions are expected to become embedded in everyday transactions, with artificial
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Ransomware remains the leading cause of costly cyber claims 2025-10-01 at 07:04 By Anamarija Pogorelec Cyber threats are shifting in 2025, and while large companies are still targets, attackers are turning their attention to smaller and mid-sized firms. According to Allianz’s Cyber Security Resilience 2025 report, hardened defenses at major corporates have pushed criminals to
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Ransomware, vendor outages, and AI attacks are hitting harder in 2025 2025-09-12 at 07:57 By Mirko Zorz Ransomware, third-party disruptions, and the rise of AI-powered attacks are reshaping the cyber risk landscape in 2025. A new midyear analysis from Resilience shows how these forces are playing out in real-world incidents and how they are changing
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Ransomware Losses Climb as AI Pushes Phishing to New Heights 2025-09-09 at 16:39 By Kevin Townsend Based on real-world insurance claims, Resilience’s midyear report shows vendor risk is declining but costly, ransomware is evolving with triple extortion, and social engineering attacks are accelerating through AI. The post Ransomware Losses Climb as AI Pushes Phishing to
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Cyber insurance market shows early signs of maturity 2025-08-15 at 09:06 By Sinisa Markovic The cyber insurance market is entering a new phase of evolution and showing early signs of maturity, according to recent research from Arctic Wolf. Brokers and carriers are taking on different but connected roles to help customers get policies. Brokers advise
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United Natural Foods Projects Up to $400M Sales Hit from June Cyberattack 2025-07-16 at 18:45 By Mike Lennon Cyberattack disrupted UNFI’s operations in June; company estimates $50–$60 million net income hit but anticipates insurance will cover most losses. The post United Natural Foods Projects Up to $400M Sales Hit from June Cyberattack appeared first on
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Ransomware groups push negotiations to new levels of uncertainty 2025-04-11 at 08:18 By Help Net Security Ransomware attacks increased by nearly 20% in 2024, and the severity rose by 13%, according to At-Bay. The blast radius of ransomware continues to grow as businesses impacted by attacks on vendors and partners increased 43%, while the average
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Cyber insurance isn’t always what it seems 2025-03-27 at 07:39 By Mirko Zorz Many companies think cyber insurance will protect them from financial losses after an attack. But many policies have gaps. Some claims get denied. Others cover less than expected. CISOs must understand the risks before an attack happens. Misconceptions about cyber insurance Myth:
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Cyber Insights 2025: Cyberinsurance – The Debate Continues 2025-01-30 at 18:50 By Kevin Townsend Better risk management could lead to reduced premiums on top of value for money, making cyberinsurance a silent driver for improved cybersecurity. The post Cyber Insights 2025: Cyberinsurance – The Debate Continues appeared first on SecurityWeek. This article is an excerpt
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The future of cyber insurance: Meeting the demand for non-attack coverage 2024-10-25 at 07:35 By Mirko Zorz In this Help Net Security interview, Michael Daum, Head of Global Cyber Claims for Allianz Commercial, discusses the significant rise in cyber claims in 2024, driven by an increase in data breaches and ransomware attacks. Daum highlights the
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Facing the uncertainty of cyber insurance claims 2024-10-24 at 06:35 By Help Net Security Cyber insurance is vital for companies mitigating cyber risks, but the industry still encounters significant challenges, including shifting policy requirements and uncertainty around coverage in the event of an incident. As cyberattacks continue to cause problems for organizations worldwide, it’s essential
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Data breaches trigger increase in cyber insurance claims 2024-10-15 at 06:31 By Help Net Security Cyber claims have continued their upwards trend over the past year, driven in large part by a rise in data and privacy breach incidents, according to Allianz. Cyber claims frequency exceeds €1 million The frequency of large cyber claims (>€1
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Cyber insurance set for explosive growth 2024-09-13 at 06:31 By Help Net Security Cyber insurance is poised for exponential growth over the coming decade, but it remains a capital-intensive peril that requires structural innovation, according to CyberCube. The mid-range projection suggests that the US standalone cyber insurance market could reach $45 billion in premiums by
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