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Cyber insurance stories

Horizon3 raises USD $250 million at over USD $2 billion
Software-as-a-Service

Horizon3 raises USD $250 million at over USD $2 billion

The new capital will fund Horizon3's expansion into Asia-Pacific and Europe as demand for its attack-testing software grows among large enterprises.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Financial firms face rising AI cyber risk, survey says
Data Protection

Financial firms face rising AI cyber risk, survey says

A survey found 98% of breached firms suffered material damage as AI-driven attacks and visibility gaps strain defences.

By Karen Joy Bacudo • 4 min read • 3 days ago
N-able expands Climb partnership into UK & Ireland
Data Protection

N-able expands Climb partnership into UK & Ireland

UK and Irish resellers will gain access to N-able's security and recovery tools as Climb Channel Solutions broadens distribution beyond North America.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Cowbell launches OMNI AI system for specialty insurance
Software-as-a-Service

Cowbell launches OMNI AI system for specialty insurance

Eligible quotes for small firms can now be issued in minutes, as the insurer says AI is helping speed underwriting and product rollouts.

By Sofiah Nichole Salivio • 4 min read • Last week
Cowbell launches OMNI AI system for specialty insurance
AI Ethics & Governance

Cowbell launches OMNI AI system for specialty insurance

Eligible quotes now take minutes, as the system has lifted new business by 53% and shortened product launches to six weeks.

By Karen Joy Bacudo • 4 min read • Last week
Insurers warned of hidden AI exposure across portfolios
Data Protection

Insurers warned of hidden AI exposure across portfolios

Insurers face accumulating losses if the same AI platforms sit undetected across multiple policyholders, KYND has warned.

By Karen Joy Bacudo • 4 min read • Last month
Spektrum Labs appoints Oscar Chavez-Arrieta to lead channel
Software-as-a-Service

Spektrum Labs appoints Oscar Chavez-Arrieta to lead channel

MSPs and MSSPs face rising pressure to prove security controls work, as cyber insurers and clients demand more evidence of resilience.

By Mark Tarre • 4 min read • Last month
Aon expands data centre insurance cover to USD $5 billion
Data centers

Aon expands data centre insurance cover to USD $5 billion

Rising demand from AI and cloud projects is driving broader protection for data centre developers, operators and lenders.

By Mark Tarre • 3 min read • Last month
SonicWall & CyberCert launch SMB1001 push for MSPs
Partner Programmes

SonicWall & CyberCert launch SMB1001 push for MSPs

Smaller businesses under pressure from insurers and buyers can now turn existing SonicWall security setups into SMB1001 certification evidence.

By Mark Tarre • 4 min read • Last month
AI speeds ransomware, forcing firms to focus on recovery
Malware

AI speeds ransomware, forcing firms to focus on recovery

Ransomware recovery plans must now verify data integrity, as AI helps attackers move faster across connected systems, Index Engines says.

By Mark Tarre • 4 min read • Last month

Stories from Other Regions

Cyber insurance stories

AI boosts phishing losses in Resilience cyber claims
Disaster Recovery

AI boosts phishing losses in Resilience cyber claims

Phishing and fraud still drive most insured cyber losses, as artificial intelligence makes familiar scams more effective for clients.

By Mark Tarre • 4 min read • Last week
WorkNest Secure adds continuous vulnerability scanning
Digital Transformation

WorkNest Secure adds continuous vulnerability scanning

Customers can now track security weaknesses in real time, as GuardNest moves beyond annual checks to constant scanning and remediation.

By Mark Tarre • 3 min read • Last week
Boardroom breach: The questions every leadership team needs to ask
Data Protection

Boardroom breach: The questions every leadership team needs to ask

Cyber incidents can quickly become business-wide crises unless leaders have already tested responses to disruption, scrutiny and uncertainty.

By Charlotte Riley • 4 min read • Last week
Mid-market CFOs don't need more cybersecurity tools; they need a cybersecurity leader
Data Protection

Mid-market CFOs don't need more cybersecurity tools; they need a cybersecurity leader

Mid-sized firms risk wasting cybersecurity spend unless one executive is accountable for translating alerts into financial and operational decisions.

By Maxime Cousseau • 5 min read • Last month
Ransomware victims surge to 7,551 as attacks fragment
Software-as-a-Service

Ransomware victims surge to 7,551 as attacks fragment

Ransomware attacks spread through vendor systems and AI-aided tactics, leaving 7,551 publicly disclosed victims in the latest 12-month period.

By Sean Mitchell • 4 min read • Last month
Semperis' Hargraves says real-time documentation boosts cyber resilience
Disaster Recovery

Semperis' Hargraves says real-time documentation boosts cyber resilience

Real-time logging during cyber incidents helps firms rebuild events accurately and close gaps faster after attacks, Marie Hargraves says.

By Jake MacAndrew • 5 min read • Last month
PhishByte warns Essential Eight misses phishing risk
Multi-factor authentication

PhishByte warns Essential Eight misses phishing risk

Businesses risk false confidence if they meet the ACSC framework but leave staff exposed to phishing, social engineering and fake MFA prompts.

By Sean Mitchell • 4 min read • Last month