Insurers are rewarding organizations that use AI to strengthen their defenses, while growing more cautious with those whose AI use introduces new risks.
In 2024, the U.S. Small Business Administration warned small businesses and entrepreneurs to stay aware of cybersecurity threats due to the impact on their bottom line (and resiliency). Cybersecurity ...
ERGO NEXT reports that cyber liability insurance is crucial for small businesses facing high cyber attack risks, helping ...
Small businesses spend 13.2% of IT budgets on cybersecurity. Experts suggest focusing on employee training, MFA,and practical defenses over costly tech.
As cyber threats become more sophisticated, insurance companies are evolving to safeguard customers’ data and financial well-being. American Family Life Assurance Company of Columbus is leading this ...
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.
Businesses face serious risk of liability arising from cybersecurity and privacy breach and use of artificial intelligence. Just like we would not (or should not) drive a car without auto insurance, ...
Many companies don't have cyber insurance because of costs, but the market is growing. Cyber insurance can help companies recover financially from cyberattacks and data breaches. This story is part of ...
Large language models are more vulnerable to AI-powered attacks Companies need to have cyber defense plans ready to go Defenses and insurance coverages should be reviewed quarterly AI is making ...
WESTLAKE, Ohio -- The City of Westlake is doubling its cybersecurity insurance coverage and will adopt a formal cybersecurity program by Jan. 1 to meet new state requirements. The city plans to ...
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 ...