CyberCube Puts Insured Loss Estimate From AWS Outage Around $40M October 27, 2025 By Chad Hemenway Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million. CyberCube late last week...
AI Used for Good and Bad — Like Making Trickier Malware, Says Report November 27, 2024 By Jahna Jacobson While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data...
Billions in Damages From CrowdStrike Outage to Go Uninsured August 5, 2024 By Evan Gorelick The vast majority of damages from last month’s CrowdStrike Holdings Inc.’s global IT outage will go uninsured, according to new...
Insured Losses From Crowdstrike Outage Could Reach $1.5B, Cybercube Says July 26, 2024 By Carolyn Cohn Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber...
Cyber Insurers Face Hefty Ukraine War-Related Claims, Despite Fine Print March 31, 2022 By Carolyn Cohn and Noor Zainab Hussain LONDON –– Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording...
Insurers, Tech Firms Struggle to Keep Pace with Cyber Risks October 4, 2019 By Mark Hollmer Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when...
Catastrophe Scenarios Highlight Need to Better Understand Cyber Risk September 10, 2019 As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report...