Search Results for: Cyber & IT Risk

Ascend and Anzen Announce Strategic Partnership to Streamline Retail Financial Operations in Executive Risk Insurance
Digital Payments InsurTech News

Ascend and Anzen Announce Strategic Partnership to Streamline Retail Financial Operations in Executive Risk Insurance

PR Newswire
by PR Newswire0
New Partnership Provides Wholesale Solutions with Seamless Payment Automation and AI-Powered Specialty Insurance Placement Ascend, a comprehensive financial operations automation platform, is excited to announce a strategic partnership with Anzen, the modern wholesale brokerage – offering extensive management, cyber, and professional liability markets for Executive Risk insurance. This collaboration equips......
Sixfold's AI Prepares Insurers for Future Risks in Cyber Insurance
Artificial Intelligence Finance Fintech News

Sixfold’s AI Prepares Insurers for Future Risks in Cyber Insurance

PR Newswire
by PR Newswire0
Insurers using Sixfold’s AI can quickly adapt their risk strategies to address new cyber threats, providing accurate and future-ready underwriting assessments. Additionally, the partnership with CyberCube aligns with the strategy of utilizing the best data sources to streamline underwriting, keeping insurers ahead as cyber insurance premiums are projected to reach $20......
InsurSec Can Drive An Effective Proactive Cybersecurity Strategy Says New Analyst Report
InsurTech News Security

InsurSec Can Drive An Effective Proactive Cybersecurity Strategy Says New Analyst Report

Business Wire
by Business Wire0
Omdia commissioned study shows how businesses can accelerate cybersecurity maturity by combining cyber insurance with proactive cybersecurity Global tech analyst firm Omdia and the InsurSec provider for the digital age, At-Bay, released new research investigating the important role cyber insurance can play in a proactive cybersecurity strategy. The research found that organizations of......
Empowered-Systems-and-FiscalNote-Announce-Strategic-Partnership-to-Expand-and-Enhance-Third-Party-Risk-Management-Solutions
B2B Finance Fintech News Risk Management

Empowered Systems and FiscalNote Announce Strategic Partnership to Expand and Enhance Third-Party Risk Management Solutions

Business Wire
by Business Wire0
Partnership Leverages FiscalNote’s AI-Powered Offerings and Global Intelligence Solutions – Including FiscalNote Risk Connector, Copilot for Global Intelligence, and Dragonfly Empowered Systems, a premier B2B software provider specializing in integrated risk and compliance solutions, and FiscalNote Holdings, Inc., a leader in policy and global intelligence, today announced a strategic partnership......
Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption
Finance Fintech Investments News

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption

PR Newswire
by PR Newswire0
Company continues its mission to near-term operating profitability; New capital to fuel growth with new products, new geographies, and resilience services Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group (Zurich),......
Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Uncovering The Biggest Hidden Insider Risk For The Financial Industry

Guy Guzner
by Guy Guzner0
As part of a highly regulated, high-risk industry, financial organizations are expected to be the most secure environments. However, due to their nature, they are one of the top targets for cyberattacks. According to IBM, finance firms lose approximately $5.9 million per data breach — 28% more than the global average.......
Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats
Banking News Security

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats

EIN Presswire
by EIN Presswire0
Surge in threats in the BFSI sector propel the global cyber security in BFSI market. According to the report, the global cybersecurity in banking market generated $74.3 billion in 2022, and is anticipated to generate $ 282 billion by 2032, rising at a CAGR of 14.4% from 2023 to 2032.......
LogicGate Introduces Holistic Cyber and Operational Risk Management Suites for Enterprises
News Risk Management

LogicGate Introduces Holistic Cyber and Operational Risk Management Suites for Enterprises

PR Newswire
by PR Newswire0
The Cyber Risk Suite and Operational Risk Suite of integrated solutions create more efficient and effective optimization of resources to strengthen operational resilience and empower enterprises to take a proactive approach to risk management and compliance  LogicGate, a leading provider of holistic Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud platform,......
Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
by Fintech News Desk0
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
Wirex Launches Innovative Strategy to Tackle Dark Web and Mule Account Risks
Fintech News

Wirex Launches Innovative Strategy to Tackle Dark Web and Mule Account Risks

PR Newswire
by PR Newswire0
Wirex, a leading Web3 money platform, announced a significant enhancement in its measures to combat Dark Web activities and money mule threats. The company has seamlessly incorporated ZeroFox’s cutting-edge Dark Web Monitoring tool into its system, creating a unified solution. This way, a combination of human and artificial intelligence actively......
1