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Cyber Insurance Explained: What, Why & Who Needs It
In today’s rapidly evolving digital ecosystem, businesses face unprecedented levels of cyber risk. As companies continue to digitise operations, the chances of falling victim to cybercrime have ...
Many leaders still assume cyber insurance exists to absorb risk after an incident. In reality, that assumption has become one ...
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 ...
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.
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 ...
October is Cybersecurity Awareness Month. Cybersecurity is a hot topic for the insurance sector today and a growing concern for many businesses. Businesses, large and small, should consider cyber ...
While security breaches that affect large enterprise businesses tend to make the biggest headlines, small businesses are just as vulnerable, if not more so. In fact, a recent survey by Mastercard ...
Managing general agents (MGAs) underwrite and administer insurance policies on behalf of insurance companies. Just as a broker serves as an intermediary between the buyer and the insurer, the MGA acts ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes. Facing ever-mounting cyberthreats, ...
Insurance has always evolved with new forms of risk, but cyber insurance has moved faster than any line before it. It is still young yet already central to how companies think about resilience. In my ...
Although at their heart they focus on post-breach mitigation and remediation, cyber incident response plans are emerging as a very important cyber security control when it comes to reducing overall ...
Arctic Wolf introduces up to $3m security operations warranty for SA customersBy Tracy Burrows for Arctic Wolf NetworksJohannesburg, 18 Feb 2026 Jason Oehley, regional sales manager at Arctic Wolf.
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