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Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses
May 18 2026 // Average cyber insurance claim severity for large accounts in the U.S. nearly doubled in 2025, according to a new Chubb report. The insurer’s 2026 Cyber Claims Report found that average severity for businesses with $1...
EY and IIF: Four in Five CROs Rank Cyber Among Top Risks
May 18 2026 // Eighty percent of insurance chief risk officers rank cyber among their top five risks, according to a new report from EY and the Institute of International Finance. That was up 14 percentage points year over year. The...
Canvas’ Parent Company Reaches Agreement With Hacking Group Behind Breach
May 13 2026 // The hacking group that targeted the Canvas educational tool and the parent company that owns the software struck a deal to secure stolen student and school data, the company said in a statement late Monday. In a statement...
Hackers Pushing Innovation in AI-Enabled Hacking Operations, Google Says
May 11 2026 // Hackers from a prominent cybercrime group used artificial intelligence to uncover a previously unknown software flaw and an exploit to take advantage of it for the first time, Alphabet’s Google said on Monday. The...
People Moves: Da Costa to Head Markel US Cyber, Tech E&O; Brown & Riding Names Kerr Leader of Private Client Practice
May 11 2026 // Markel Insurance Appoints Da Costa to Lead U.S. Cyber and Tech E&O Portfolio Raphael Da Costa Markel, the insurance operations within Markel Group Inc., appointed Raphael Da Costa to lead its U.S. cyber and tech...
Some College Finals Delayed After Canvas Online Platform Hacked
May 11 2026 // Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of schools around the world, from Princeton University in the US to the University of...
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