ERGO NEXT reports that cyber liability insurance is crucial for small businesses facing high cyber attack risks, helping cover significant costs.

In today’s fast-moving digital world, cashless payments and online banking have become a daily habit for millions. From mobile banking apps to UPI transfers and card payments, financial transactions ...

Many leaders still assume cyber insurance exists to absorb risk after an incident. In reality, that assumption has become one ...

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 ...

While security breaches that affect large enterprise businesses tend to make the biggest headlines, small businesses are just as vulnerable, if not more so. In fact, a recent survey by Mastercard ...

Insurance has always evolved with new forms of risk, but cyber insurance has moved faster than any line before it. It is still young yet already central to how companies think about resilience. In my ...

It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...

It is not news that cyberattacks are considered a top global concern. In 2024, the average financial cost of cyber incidents worldwide was $4.88 million. In the US, the average was even higher: $9.36 ...

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 ...