Despite a recent wave of ransomware attacks, cyber insurance premiums are declining around the globe. That’s because businesses have gotten better at dealing with losses...
Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats. “Not having adequate protection against cyberattacks could leave business owners at...
News that the U.S. government recovered more than $2 million from ransomware attackers whose victim, Colonial Pipeline, paid the ransom sparked conversations yet again about...
U.K. insurers will not be covering as much digital property and data as they previously did, according to the Financial Times. Now, disasters like fires...
As data breaches and ransomware hacks escalate, cyber protection is becoming one of the fastest-growing insurance industry sectors, a Financial Times special report indicated. The...
Cyber insurance claims are spiking as a new type of ransomware targets companies across the U.S. and Europe, the The Financial Times reported on Sunday...
Cyber insurance firm Coalition just raised $40 million in funding to boost staff, and a data platform that analyzes and underwrites cyber risk. CEO Joshua...
The threat of a small business cyberattack has introduced a conundrum for the rising InsurTech market. The demand for cyber insurance is on the rise,...
CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. 5) that it raised $58 million in venture funding. In a press release,...