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Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution

Insurance Journal

DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity DUAL Cyber Prevention and Response (DUAL CPR) which …

Cyber 208
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Zurich, Marsh McLennan Call for Public Partnerships Close Cyber Gaps

Insurance Journal

A new report from Marsh McLennan and Zurich titled “Closing the cyber risk protection gap” is calling for a closer collaboration between the insurance industry and the public sector as cyber insurance coverage gaps remain. “Both the insurance industry and …

Cyber 258
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Mastercard Agrees to Buy Cyber-Defense Firm for $2.65 Billion

Insurance Journal

agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system. Mastercard Inc. The purchase from private equity firm Insight Partners will expand Mastercard’s ability to use artificial intelligence …

Cyber 260
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Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube

Insurance Journal

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This protection gap presents both an opportunity and a responsibility …

Cyber 147
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Why Cyber Insurers Should Partner in Cybersecurity Support

Insurance Journal

The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a concept was merely a financial safety …

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American Water Cyberattack Renews Focus on Protecting Critical Infrastructure

Insurance Journal

A cyberattack continues to affect the largest regulated water and wastewater utility company in the United States, renewing a focus on the importance of protecting critical infrastructure sites. New Jersey-based American Water paused billing to customers as it announced the …

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DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days

Insurance Journal

Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by the Chinese artificial-intelligence startup DeepSeek, according to the cybersecurity firms hired to help protect their systems. “Hundreds” of companies, particularly …