cyber insurance
Ransomware groups push negotiations to new levels of uncertainty
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 …
Cyber insurance isn’t always what it seems
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 …
The future of cyber insurance: Meeting the demand for non-attack coverage
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 …
Facing the uncertainty of cyber insurance claims
Cyber insurance is vital for companies mitigating cyber risks, but the industry still encounters significant challenges, including shifting policy requirements and uncertainty …
Data breaches trigger increase in cyber insurance claims
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 …
Cyber insurance set for explosive growth
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. …
Cyber insurance 2.0: The systemic changes required for future security
Digitalization has evolved into a systemic risk for organizations – and, therefore, cyber insurers. With the global cost of cybercrime skyrocketing, something has to change. …
Are you meeting your cyber insurance requirements?
Cyber insurance policies are specifically designed to offer financial protection to organizations in the face of cyber attacks, data breaches, or other cybersecurity …
AI outsourcing: A strategic guide to managing third-party risks
In an era of artificial intelligence (AI) revolutionizing business practices, many companies are turning to third-party AI services for a competitive edge. However, this …
What makes ransomware victims less likely to pay up?
There’s a good reason why ransomware gangs started exfiltrating victims’ data instead of just encrypting it: those organizations pay more. University of Twente …
Ransomware negotiation: When cybersecurity meets crisis management
In this Help Net Security interview, Tim Morris, Chief Security Advisor at Tanium, discusses ransomware negotiation, how it typically unfolds, and how organizations should …
Cyber insurance predictions for 2024
In this Help Net Security video, Dara Gibson, Senior Cyber Insurance Manager at Optiv, discusses cyber insurance and what we should expect to see in 2024: Ransomware, BEC, and …