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Category: Cyber Insurance

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  2. Cyber Insurance

Cyber Insurance Data Gives CISOs New Ammo for Budget Talks

Boards may ignore alerts, but they listen to losses: new data from Resilience links security gaps directly to financial impact.

The post Cyber Insurance Data Gives CISOs New Ammo for Budget Talks appeared first on SecurityWeek.

Zurich Acquires Beazley in $11 Billion Deal to Lead Cyberinsurance

The deal awaits final shareholder and regulatory approvals and is expected to be completed in the second half of 2026.

The post Zurich Acquires Beazley in $11 Billion Deal to Lead Cyberinsurance appeared first on SecurityWeek.

Ransomware Losses Climb as AI Pushes Phishing to New Heights

Based on real-world insurance claims, Resilience’s midyear report shows vendor risk is declining but costly, ransomware is evolving with triple extortion, and social engineering attacks are accelerating through AI.

The post Ransomware Losses Climb as AI Pushes Phishing to New Heights appeared first on SecurityWeek.

United Natural Foods Projects Up to $400M Sales Hit from June Cyberattack

Cyberattack disrupted UNFI’s operations in June; company estimates $50–$60 million net income hit but anticipates insurance will cover most losses.

The post United Natural Foods Projects Up to $400M Sales Hit from June Cyberattack appeared first on SecurityWeek.

Cyber Insights 2025: Cyberinsurance – The Debate Continues

Better risk management could lead to reduced premiums on top of value for money, making cyberinsurance a silent driver for improved cybersecurity.

The post Cyber Insights 2025: Cyberinsurance – The Debate Continues appeared first on SecurityWeek.

Cyberinsurance Premiums are Going Down: Here’s Why and What to Expect

The change in premium rates is more likely to be the insurers’ correction than the insureds’ improvement in security.

The post Cyberinsurance Premiums are Going Down: Here’s Why and What to Expect appeared first on SecurityWeek.

Seeing is Believing… and Securing

Because you can’t secure what you can’t see, having real-time asset visibility across the network is vital to maximizing security, minimizing risk, and protecting the enterprise.

The post Seeing is Believing… and Securing appeared first on SecurityWeek.

CISO Conversations: Jason Rebholz and Jason Ozin From the Insurance Sector

SecurityWeek interviews two CISOs from the insurance sector: Jason Rebholz at Corvus Insurance and Jason Ozin at UK-based PIB Group.

The post CISO Conversations: Jason Rebholz and Jason Ozin From the Insurance Sector appeared first on SecurityWeek.

Merck Settles NotPetya Insurance Claim, Leaving Cyberwar Definition Unresolved

In a landmark case that blurs the lines between cyber and kinetic warfare, Merck reached a settlement with insurers over a $1.4 billion claim stemming from the NotPetya malware attack.

The post Merck Settles NotPetya Insurance Claim, Leaving Cyberwar Definition Unresolved appeared first on SecurityWeek.

Travelers to Acquire Cyberinsurance Firm Corvus for $435 Million

travelers-to-acquire-cyberinsurance-firm-corvus-for-$435-million

Property and casualty insurance giant Travelers has entered into an agreement to acquire Corvus Insurance Holdings for approximately $435 million.

The post Travelers to Acquire Cyberinsurance Firm Corvus for $435 Million appeared first on SecurityWeek.

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