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 ...

There must be a consideration of the ethical question of contributing to the payment of extortion demands of cybercriminals. Any company that is paying a cyber insurance premium, regardless of whether ...

As more organizations seek out insurance, CISOs are becoming key advisors on coverage needs and learning to integrate policies into security response strategies. Demand for cyber insurance is up, and ...

As VP of Engineering at Elpha Secure, Ratnesh drives cyber strategies and security portfolio tailored to protect SMEs against cyber threats. Cyber threats and breaches are continuing to skyrocket for ...

It is not news that cyberattacks are considered a top global concern. In 2024, the average financial cost of cyber incidents worldwide was $4.88 million. In the US, the average was even higher: $9.36 ...

As cyber threats continue to evolve, higher education institutions are weighing the importance of securing comprehensive cyber insurance coverage. Craig McAllister, the assistant vice president of ...

Cyber insurance is viewed by many cybersecurity experts as a crucial component of a modern security strategy, given surging cyber incidents and associated business costs. The global cyber insurance ...

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 ...

As VP of Engineering at Elpha Secure, Ratnesh Pandey drives cyber strategies & security portfolios that protect SMEs against cyber threats. This article builds upon my previous one, where I discussed ...

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 ...

The pricing surge has slowed, but will it last? And what’s the deal with the ballooning questionnaires? Here’s what you need to know about how cybersecurity insurance is changing. In 2023, cyber ...