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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

While developing the insurance program the two companies have scored more than 20 crypto exchanges and crypto wallets providers using both open-source information, available on exchanges’ websites and analytical capabilities of Group-IB’s Threat Intelligence (TI) system. The full list of platforms is available on CryptoIns website.

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Cyberthreats facing UK finance sector "a national security threat"

Malwarebytes

Other worries were the rise in premium prices for cyber insurance, and the security implications of the rise in flexible working. The advancing pace of technology (39 percent) also featured, as effects from the pandemic have complicated organizations’ ability to protect themselves from cyber threats.

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Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

All of this makes it more difficult for organizations to protect themselves from new and emerging cyber threats. Kimberly "KJ" Haywood, Principal Advisor at Nomad Cyber Concepts and Adjunct Cybersecurity Professor at Collin College, had this to say: "Inflation is hitting organizations harder than ever.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Market Growth: AI cyber security technology is projected to grow by 23.6%

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What is Cyber Liability Insurance?

Duo's Security Blog

According to Verizon’s most recent Data Breach Incident Report , instances of advanced ransomware have doubled in the past year, alongside major upticks in phishing attacks and social engineering. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

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The Unseen Threats: Anticipating Cybersecurity Risks in 2024

Security Boulevard

This demand leads to the development of cybersecurity predictions which must take into account underlying drivers of the attackers, defenders, and technology where the battles will play out. The highly controversial regulation took effect at the end of 2023 and publicly owned businesses in 2024 are now held accountable for compliance.

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