XBOW raises new Series C funding for AI cybersecurity platform
XBOW secured additional Series C funding to expand its autonomous offensive security platform for enterprise cybersecurity teams
Cyber Insurance News
Artemis launches with $70 mn to rebuild SIEM around AI-native cyber threat detection
Cybersecurity startup Artemis has emerged from stealth with $70 mn in funding to challenge the traditional security information and event management market through an AI-driven security operations platform
Global cyber insurance nears pricing floor as risks and competition rise
The global cyber insurance market is approaching a turning point, according to Richard Clapham, as pricing declines, exposures grow, and threat activity remains elevated
EBR Systems breach highlights rising cyber pressure on Australia’s healthcare sector
A cyber incident at EBR Systems points to a wider rise in targeted attacks across Australia, where healthcare data carries high value and breach fallout often extends well beyond initial disruption
Cybertech Surf launches with $57 mn to push AI-led preventive cybersecurity
New York-based Surf emerged from stealth with $57 mn in funding to automate security hygiene and remediate enterprise risks with agentic AI
How businesses can reduce cyber risk and limit digital loss
Businesses face higher cyber risk from breaches, outages, and human error. Strong backups, staff training, the right tools, insurance, and response plans help
Jones Day data breach exposed files tied to 10 client matters
Jones Day said a phishing attack exposed dated files tied to 10 clients, as the Silent cybercrime group claimed responsibility for the breach
KYND flags website tracking lawsuits as a growing cyber claims risk
KYND says privacy lawsuits tied to website tracking are rising fast, with SMBs showing higher exposure and insurers facing a harder-to-detect accumulation risk
Geneva Association says cyber insurance must do more for resilience
The Geneva Association says cyber threats are rising faster than many firms can manage, with cyber insurance still underused as a resilience tool, especially among SMEs
Agent-based AI will change cyber offence and defence, Munich Re says
Munich Re says agent-based AI will change cyber offence and defence, widening attack surfaces, pressuring trust, and raising the pace of cyber threats
Munich Re says cyber insurance needs wider uptake as threats intensify
Munich Re says cyber risks are widening beyond ransomware and calls for stronger resilience, broader cyber insurance uptake, and closer market collaboration
US urges tighter Microsoft Intune security after Stryker cyberattack
CISA warns firms to secure endpoint systems after cyberattack disrupted Stryker operations and exposed risks in Microsoft environments
Iran-linked cyberattack on Stryker raises geopolitical risk for US companies
A cyberattack that disrupted operations at Stryker is drawing attention from U.S. officials and cybersecurity experts who see the incident as a significant escalation in Iran-linked cyber operations
Active Re completes global retrocession programme and expands cyber underwriting
Barbados reinsurer Active Re strengthens capital protection and increases AI adoption across underwriting operations
AI-powered actor breaches 600 FortiGate devices in 55 countries
Financially motivated hacker used commercial AI tools to compromise 600 FortiGate devices via exposed ports and weak credentials, no new exploits involved
1.2 mn accounts exposed after breach of France FICOBA registry
Stolen government credentials exposed data tied to 1.2 mn accounts in France’s FICOBA registry, including IBANs, names and tax identifiers
SCOR expands cyber underwriting with MGA Baobab partnership in Germany
SCOR adds Lloyd’s capacity to Baobab Insurance’s CyberSafe policies, extending cover to firms up to €1 bn in revenue across Germany and Austria
Cyber reinsurance rates drop 32% at Jan 2026 amid capacity glut
Gallagher Re reports a 32% fall in risk-adjusted cyber aggregate excess of loss rates at 1 Jan 2026 renewals as excess capacity and softer terms reshape the market
Tokio Marine Kiln hires Ben Sitki to strengthen cyber reinsurance team
Tokio Marine Kiln appoints Ben Sitki as underwriter in its Cyber Reinsurance Solutions unit, adding MEA cyber expertise as the platform expands
Dutch crypto platform Finst raises €8 mn Series A led by Endeit
Finst secures €8 mn Series A led by Endeit Capital, lifts total funding to €15 mn as MiCAR-licensed crypto platform expands across Europe
CyberCube flags data discipline as profit driver for cyber insurers in 2026
CyberCube’s 2026 outlook says cyber insurers face pricing pressure, making actionable data, underwriting discipline, and operational efficiency decisive for returns
US Judge dismisses CrowdStrike shareholder fraud suit tied to 2024 global outage
A US federal judge dismissed a shareholder lawsuit accusing CrowdStrike of hiding software testing failures ahead of the July 2024 outage, allowing plaintiffs to amend
Cyber and AI dominate global risk outlook for 2026, Allianz finds
The Allianz Risk Barometer shows cyber risks holding first place for a fifth year, while artificial intelligence surged to second as companies brace for wider exposure
SME cyber insurance demand driven by advisers and AI risk fears
GlobalData survey shows brokers and AI-related risk concerns now drive SME cyber insurance uptake, as gaps in standard policies raise coverage questions
Cyber reinsurance awash in capacity at Jan. 1, 2026 renewals
Gallagher Re says cyber reinsurance capacity at Jan. 1 renewals far exceeded demand, pushing rates down and reshaping treaty structures
Aflac to notify 22.7 mn insurance customers after June cyber incident – Case study
Aflac has completed a review of files tied to a June cybersecurity incident and has begun notifying roughly 22.65 mn affected individuals
Coalition warns 2026 cyber risk shifts toward systemic loss
Coalition executives say 2026 cyber risk will be driven by hidden interdependencies, cloud outages, and supply chain aggregation, not isolated breaches
Coupang to pay $1.17 bn after data breach hits 34 mn users
Coupang announces ₩1.69trn ($1.17bn) compensation plan for 34mn users affected by a major data breach, offering purchase vouchers from Jan. 15
GlobalData flags AI, cyber and climate as 2026 insurance drivers
GlobalData says AI, cyber insurance, and climate risk will shape insurance markets in 2026, reshaping products, M&A, and profitability
Cove Risk data breach hits 49,400 in workers’ comp sector
Cove Risk Services reports a data breach affecting almost 49,400 people after unauthorized system access, with sensitive personal and health data exposed
Exein raises €100 mn as embedded cyber security spreads across devices
Exein secures €100 mn in new funding, lifting 2025 total to €170 mn, as demand grows for embedded cybersecurity in connected devices worldwide
Adaptive Security raises $81 mn Series B as AI cyber risks surge
Adaptive Security closes an $81 mn Series B led by Bain Capital Ventures with NVIDIA and OpenAI backing, bringing total funding to $146.5 mn
UK probes cyber incident amid claims of China-linked data access
UK officials investigate cyber incidents at the FCDO and London councils as reports raise concerns over China-linked hacking and public service disruption
81% of small firms hit by cyber incidents as AI fuels attacks
ITRC data shows 81% of small businesses suffered cyber incidents last year, with AI-driven social engineering overtaking insiders as the main cause
Cyber insurance set to become mandatory as threats escalate – Kennedys’ report
Kennedys predicts cyber insurance will shift from optional to mandatory as supply-chain attacks rise and boards face direct regulatory pressure
Coalition adds deepfake response cover to global cyber insurance policies
Coalition expands its cyber insurance with a deepfake response endorsement, offering forensic, legal, and PR support as AI-driven threats grow
Experian warns of AI-driven cyber risks in 2026 breach forecast
Experian’s 2026 Data Breach Forecast points to AI-powered attacks, quantum risk, and rising identity fraud as cyber threats grow faster and smarter
UK Cyber Security Bill forces fintech SMBs into supply chain risk
The UK Cyber Security and Resilience Bill reshapes fintech risk as SMBs inherit compliance pressure through MSPs, vendors, and faster incident reporting rules
Germany blames Russia for Bundestag cyberattack as US breach hits 5.6 mn
Berlin accuses Russia of a cyberattack on parliament during Zelenskyy’s visit, as a US credit firm confirms a breach affecting 5.6 mn people
2026 cyber security outlook: federated CISOs, agentic AI, privacy squeeze
A blunt 2026 security forecast on the federated CISO, autonomous AI attacks and defenses, and the accelerating erosion of digital privacy
Coinbase loses private arbitration over $618k cyberattack claim
A private arbitrator orders Coinbase to pay $618k to a client who lost crypto after a 2024 account takeover tied to a cyberattack
Amazon flags Russian cyber campaign hitting Western energy networks
Amazon Threat Intelligence links a long-running Russian GRU cyber campaign to attacks on misconfigured network devices across Western critical infrastructure
Coupang data breach traced to ex-employee with system access
South Korea’s largest retailer says a former employee accessed internal systems, exposing data of 33.7 mn customers in the country’s worst cyber breach
SEC explains crypto custody basics for retail investors
The SEC outlines how crypto custody works, comparing hot and cold wallets, self-custody and third-party options, and the risks investors must weigh
Trump plans to enlist private firms for offensive cyber operations
Draft US cyber strategy signals a shift toward using private companies for offensive cyber actions against state-backed hackers and ransomware groups
Ransomware victims to top 7,000 by 2026 as cloud risks rise
QBE warns ransomware victims named on leak sites could exceed 7,000 by 2026 as AI, cloud exposure, and supply chain risks push attacks higher
Cyber insurance strains to match fast-shifting threats and client demands
Rising attacks, tighter underwriting and sector-specific exposures show cyber insurance maturing but still trailing criminal tactics and network complexity
Wideum boosts remote-assistance cybersecurity with encryption, audits and AWS stack
Wideum leans heavily into cybersecurity because remote-assistance software lives or dies on trust. The company rebuilt its stack around tighter encryption
ASR launches digital cyber insurance cover with $5 mn limits for African businesses
Africa Specialty Risks rolls out a Lloyd’s-backed cyber policy via ASR 24-7, offering digital quote-and-bind access for companies across key African markets
MCP-enabled AI tools triggers new systemic cyber threats for insurers
KYND warns MCP-enabled AI tools open hidden attack surfaces and demand continuous monitoring, richer data, and tighter AI policy wording
Cowbell forecasts rapid cyber insurance growth and sharper threats in 2026
Cowbell sees fast 2026 cyber market growth, tougher controls, AI-fuelled attacks, data theft trends and rising risks for SMEs across key sectors
Cyber insurance faces pressure as M&A tightens capacity and risk rises
Marsh Europe warns insurer M&A could shrink cyber capacity as systemic risk grows, though new entrants and soft reinsurance keep the market stable for now
Kenya’s Insurance Regulator drafts tighter digital insurance rules as insurtech accelerates
Kenya’s IRA readies new cybersecurity and data rules, aligning with Africa’s broader insurtech push while supporting digital insurance for underserved groups
Xerox launched TriShield 360 with Hartford cyber insurance solution for SMBs
Xerox enters bundled security-plus-insurance with TriShield 360, pairing Cortex XDR, Lumifi SOC, and Hartford cyber coverage for SMBs and MSSPs
CyberCube links with Envoy Insure to power real time cyber risk analytics
CyberCube’s analytics plug into Envoy Insure’s broker platform, adding real time cyber risk metrics to multi carrier quote comparisons and proposals
AWS outage dubbed “Amazonk” may cost cyber insurers up to $581 mn
CyberCube estimates AWS outage losses at $38mn-$581mn, with most impact clustering low. Over 70,000 firms hit, insurers view risks as manageable
QuickFacts adds BOXX Insurance to expand cyber coverage tools for brokers
QuickFacts partners with BOXX Insurance to give brokers faster access to cyber protection, real-time threat intelligence, and prevention-first insurance solutions
HSB Canada launches CyberPro cyber insurance for businesses up to $2 bn
HSB Canada, part of Munich Re, rolls out CyberPro – cyber insurance with claims, monitoring, and risk tools for Canadian firms across multiple industries
Cyber insurance claims fall in 2025 as firms boost resilience
Allianz data shows cyber claim severity down 50% in 2025 as large firms harden defenses, but ransomware and data theft remain top drivers, hitting SMEs hardest
New York fines 8 auto insurers $19 mn over cybersecurity violations, data breaches
New York DFS fined eight auto insurers and agencies $19 mn for weak cybersecurity controls that exposed personal data through online quoting systems
Global cyber insurance premium is set to reach $16.4 bn in 2026 as rates fall, AI risks grow and SMEs remain the largest growth opportunity
Cyber insurers are reviewing policy wording as autonomous AI agents create new questions over cyberattack definitions, liability and coverage triggers
RiskScan 2026 reveals how cyber, climate, AI, inflation and business interruption are converging to reshape insurance priorities and risk management
U.S. cyber insurance premiums rose nearly 11% in 2025 as policy volume jumped, but weaker pricing, higher losses, and AI-driven threats added fresh pressure