@Thaddeus Dziekanowski and Brian D. McCarthy, I try and stay away from predictions for another year in cyber. As is invariably what has been said in the past has come to fruition. But I thought that I’d push out a…
Keith King, Boards are asleep, maybe a polite way of putting it. It’s time we followed the EU and the US. Make cyber a contractual requirement, as is being driven by the US DoD across the global Defence Industry, or…
The next question is how a decision by Beazley to shrink its revenues from cyber insurance and step back from the market will affect the rest of the market? Beazley is a ‘Pioneer’ in the cyber insurance market and also…
This is a big deal, the wording does not relay the severity of what is happening to cyber insurance. The insurance industry has been chasing the cyber dragon for several years, aiming to make money from a volatile, poorly managed,…
You can sometimes forget that some nation-states are taking an active position on the security of critical infrastructure. In the case of Germany, which is progressing KRITIS, or Kritische Infrastrukturenâ€Â, Critical Infrastructure legislation to enforce the resilience of facilities, systems,…
Third-party supplier to the Banking industry, SitusAMC, reported a cyberattack on Saturday that may have affected the client data of several banks. SitusAMC provides solutions to the commercial and residential real estate finance industries. They help clients such as banks, private…
Do not underestimate the precedence being set here, and its impact on AI adoption by companies. If insurers exclude the actual or suspected us of artificial intelligence risks from corporate policies. Corporates are to put it politely, buggered. AIG, Great…
An article that explains well the pressures that cyber insurers are under. The drive is to grow premium income through broader coverage, while rates continue to fall. With a backdrop of increased ransomware attacks and, as of late, the use…
If correct and nation state actors used Anthropic to launch an automated cyber attack using its Anthropic then its a clear public demonstration of automated and semi antonymous Cyber AI. It is reported that AI handled 90% of the attack,…
The UK cyber insurance industry only paid out £197 million in 2024. Or about a third of the cyber spend of an average systemically important bank. Or 197% of the expected payout against Jaguar Land Rover, a single company, a…
