Patrick Hayes AI Is Changing Cyber Insurance for Small Businesses A recent PYMNTS article Big Insurance Backs Away From AI Risk and Startups Rush In highlighted growing concerns inside the insurance market around AI-related exposure. Large insurers are becoming incr... May 21, 2026
Patrick Hayes Third Wave Innovations Partners with Cadents At Third Wave, we’ve spent a lot of time talking with mid-market organizations that feel trapped between rising cyber insurance expectations, growing technical complexity, and security programs that s... May 11, 2026
Patrick Hayes Security, Liability, and Recovery The newly released 2026 Cyber Claims Report from our partner Coalition is one of the clearest looks we have into what’s actually driving cyber losses today, not theory, not vendor positioning, but rea... Apr 30, 2026
Patrick Hayes When an Old Control Turns a Ransomware Event into an Uninsured Loss The workaround that made sense at the time Most retailers deal with the same constraints that most mid-sized businesses face. Technologies change and evolve. Parts of the environment had been migrated... Apr 27, 2026
Patrick Hayes Most Companies Don’t Replace Their MDR Provider They outgrow it Most companies don’t set out to replace their MDR provider. In the beginning, it solves a real problem. You finally have coverage. Someone is watching your environment around the clock. Alerts are com... Apr 24, 2026
Patrick Hayes When a Temporary Fix Becomes a Real Risk Most small and mid-sized businesses don’t think they have a control problem. On paper, things usually look fine. Security tools are in place, policies exist, and requirements are technically met, but ... Apr 22, 2026
Patrick Hayes AI and Cyber Insurance Artificial intelligence is starting to show up in cyber insurance conversations in a way most businesses aren’t fully prepared for. Not as a strategy discussion or a question of productivity, but as a... Apr 21, 2026
Patrick Hayes Denied! Why Your Company Was Refused Cyber Insurance… and What It Really Means Most denials of cyber insurance come down to one underlying issue. The risk of being compromised is either too great, or it cannot be measured with enough confidence to be priced. That is the starting... Apr 8, 2026
Patrick Hayes Can We Insure This? Insurability changes the risk management conversation in ways most organizations do not fully appreciate until they experience it. For years, risk has been framed through internal lenses such as frame... Apr 4, 2026
Patrick Hayes Making Risk Management a Team Sport On paper, many organizations appear disciplined in how they manage risk. Policies are documented and version controlled. Frameworks are mapped and cross-referenced. Governance committees meet regularl... Apr 4, 2026
Patrick Hayes Risk Management Through the Lens of Insurability There was a time when cyber insurance felt comfortably distant from day-to-day security operations. It was positioned as a financial instrument, a transfer mechanism that sat downstream from preventio... Apr 4, 2026
Patrick Hayes Security, Liability, and Recovery as a Risk Value Chain It is useful, from time to time, to slow down and trace the anatomy of a single incident. Not the headline version, but the lived version. A developer deploys a change late in the sprint cycle. The ch... Apr 4, 2026
