Tag: Cyber insurance

UK financial firms face £1bn cyber bill as AI threats grow

ESET has published research suggesting that cyber incidents could be costing the UK financial services sector as much as £1.01bn a year, with surveyed...

How bolttech is rethinking protection: preventing risk before it happens 

Insurance has traditionally been built around paying customers after something goes wrong, sometimes taking months to complete. But as customer expectations evolve, bolttech is...

Contour Underwriting taps KYND for global cyber push

Contour Underwriting has chosen KYND, a provider of cyber risk analytics, to support the worldwide rollout of its new cyber insurance proposition. KYND was picked...

KYND targets hidden AI risk facing cyber insurers

As businesses adopt artificial intelligence across their operations, cyber insurers are facing a growing challenge in assessing how those technologies could affect their clients'...

Cowbell launches AI Risk Advisor for cyber policyholders

Cowbell, an AI-native cyber and specialty insurance provider for small and medium-sized enterprises (SMEs), has rolled out Risk Advisor, a personalised AI agent designed...

Spain to Australia: AI agents raise cyber risk stakes

A series of incidents spanning Spain and Australia is providing some of the clearest real-world evidence yet that AI agents are becoming part of...

Cyber insurers can no longer rely on AI self-disclosure

KYND has introduced an AI detection capability that lets cyber insurers see which AI technologies sit within an organisation's online estate before they commit...

Cyber insurers may be missing a key risk signal

Cyber insurers could be overlooking an important indicator of claims risk by relying too heavily on traditional firmographic measures such as revenue, industry and...

Undeclared AI is insurance’s biggest blind spot

Does artificial intelligence need its own class of insurance, or is it quietly reshaping risks the market already underwrites? That question was at the...

Undeclared AI is becoming cyber insurance’s blind spot

Cyber insurance leaders are increasingly viewing AI as an extension of existing technology risk rather than a new category that requires its own insurance...

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