As ransomware threats against small businesses escalate, understanding the nuances of business interruption coverage — and ...
That’s the verdict of a new report from the Insurance Information Institute (Triple-I) and cybersecurity firm Fenix24, which ...
Cyber insurance helps cover financial losses from cyberattacks like hacking and data breaches. It is becoming essential as digital risks increase across ...
“The way insurance evolves is something I’ve seen repeatedly in the personal risk space,” she said. “Coverages often start as optional add-ons, sometimes even resisted. Over time, they become ...
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 ...
Local governments looking for cyber insurance are facing a changing market, and by some accounts, cyber insurers today charge more, while covering less. Cyber insurers had initially based premium ...
A recent Geneva Association report warns that as cyber incidents grow more frequent, sophisticated, and costly, many firms still have persistent gaps in ...
In 2024, the U.S. Small Business Administration warned small businesses and entrepreneurs to stay aware of cybersecurity threats due to the impact on their bottom line (and resiliency). Cybersecurity ...
A federal court tossed a Mississippi law firm’s suit against its cyber insurer over coverage for losses incurred after the firm was fraudulently induced to transfer funds to someone who used a false ...