Cyber risk analytics provider CyberCube has confirmed that it acted as a modelling agent for the first private cyber catastrophe bond.
CyberCube’s Portfolio Manager was utilized as part of the creation of a $45 million insurance-linked securities (ILS) transaction by Beazley, as previously…
Source: news.google.com – Read more

New Report Warns of Ransomware Actors Building Organizational Structure For Complex Attacks
A Coveware report reveals a shift in the ransomware landscape, with evolving organizational structures enabling complex attacks. The once-dominant Ransomware-as-a-Service model is now “irreversibly tarnished,”