The Source for Cyber Insurance News, Insights and Data
Major cyberattacks cost victims far more than cyber insurance claims record, new Cyberwrite research finds. Several small firms in its cases closed for good. The company says insurers should size limits to the full economic loss. Cyber insurance claims capture only part of what an attack costs. New research from Cyberwrite measures how far the … Read more
A week ago, a supermarket cyberattack heated fridges in hundreds of French stores to 50°C. Brokers and insurers say cyber insurance policies rarely pay for spoiled stock. The refrigeration maker says many of the systems hit no longer received security updates. Overnight on 11 October, attackers took remote control of refrigeration systems in French supermarkets. … Read more
Ransomware leak sites listed 7,366 victims over the past year. That is 3% fewer than the year before. But… The data taken from those victims tells a different story. Among the 10 groups that leaked the most, combined exfiltration volume rose 275.8% to 896.2 terabytes. Several groups averaged more than a terabyte per victim. Those … Read more
In June, a stream went live on IGN’s official Twitch channel. Nobody at IGN had started it. A self-identified white hat hacker had taken over a senior video director’s Restream account. He launched the broadcast himself. The account’s credentials had been sitting in an infostealer dump for more than a month before anyone used them. … Read more
Two years ago, NetDiligence counted 15 ransom payments of $10m or more across its entire claims dataset. This year it counted 59. The sixteenth annual Cyber Claims Study, published on 15 September, analyses 10,309 real cyber insurance claims from incidents between 2021 and 2025, contributed directly by cyber insurers. Against the 2024 edition, which covered … Read more