Cyber insurance is still young compared with other lines of coverage, but it is evolving quickly. The organizations that will ...
The early assumption that cyber cover belonged mainly with banks and online retailers has collapsed as point-of-sale ...
Small businesses spend 13.2% of IT budgets on cybersecurity. Experts suggest focusing on employee training, MFA,and practical defenses over costly tech.
But challenges such as ransomware and supply chain risks endure, with AI poised to intensify the threat landscape, insurance ...
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.
As cyber threats become more sophisticated, insurance companies are evolving to safeguard customers’ data and financial well-being. American Family Life Assurance Company of Columbus is leading this ...
New automation possibilities offered by AI may change intrinsic properties of cyber risks. Cyber insurance has been seen as a crucial tool in cybersecurity for two reasons: First, insurance against ...
A cyber insurance risk assessment finds the systems and assets most at risk of cyberattack. Learn about cyber insurance and how risk assessments work.
Cybersecurity incidents and cybercrime are on the rise in every sector of industry and against businesses and organizations of all sizes. In connection with the increase in the number of incidents and ...
Many companies don't have cyber insurance because of costs, but the market is growing. Cyber insurance can help companies recover financially from cyberattacks and data breaches. This story is part of ...
Cyber-insurance is defined as an insurance product used to protect businesses from Internet-based risks, and more generally from risks relating to information technology infrastructure and activities.
Large language models are more vulnerable to AI-powered attacks Companies need to have cyber defense plans ready to go Defenses and insurance coverages should be reviewed quarterly AI is making ...