Tag: Cyber insurance

Cyber risk pioneer Cypherleak secures $750,000 in seed funding

Cypherleak, a trailblazing cyber risk monitoring and scoring startup, has garnered an impressive $750,000 seed round. The financial backing came from prominent investors based...

Onsurity introduces new cyber insurance for India’s SMEs

Onsurity, a Bengaluru-based firm and India's premier monthly subscription-led employee healthcare benefits provider, has unveiled its latest offering for India's SME sector.

Public sector cyber threats: How audit teams combat rising risks

The mounting cybersecurity threats within the public sector have prompted a parallel rise in the role of audits to counteract these risks. Given the dynamic range of attacks and the consequent evolution of threat actors, the strategies to counter them must also adapt. In this scenario, your public sector audit team emerges as an indispensable shield against cyber crimes.

Cyber Insurance companies have raised over $6.7bn in the past five...

Cyber Insurance is an emerging sector which has seen $6.7bn of investment in the past five years, globally. Cyber attacks can be crippling to...

Converge Insurance raises $15m from Forgepoint Capital

Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.

The importance of external and internal vulnerability scanning in cyber underwriting

InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture. 

Ransomware on the rise: Cohesity’s research exposes UK firms’ security vulnerabilities

Cohesity has found a trend among firms relying on ransomware payouts and cyber insurance as a solution to their cyber weaknesses.

Facing the challenges: Cyber Insurance market could rival major P&C lines...

Howden, an international insurance broker, has launched its third annual report on cyber insurance titled 'Coming of Age'. The report forecasts the potential for the cyber insurance market to balloon to a hefty $50bn by 2030.

1Fort secures $2m pre-seed fund to transform cyber insurance automation

1Fort, an innovative cyber insurance automation platform, has recently achieved a significant financial milestone. The firm, which aims to streamline the cyber insurance procurement process for middle to large businesses and insurance brokers, has secured $2m in pre-seed funding.

Canadian cyber InsurTech BOXX Insurance buys Templarbit

Canadian cyber insurance company BOXX Insurance has acquired cyber threat intelligence platform Templarbit for an undisclosed amount.

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