The Source for Cyber Insurance News, Insights and Data
Small Businesses Face Ransomware Reckoning Verizon’s 2025 Data Breach Report (DBIR) highlights a dramatic rise in global cyberattacks. Among the 12,195 confirmed data breaches analyzed, small and medium-sized businesses (SMBs) bore the brunt, especially from ransomware attacks. A staggering 88% of SMB breaches involved ransomware. That is more than double the rate seen in larger … Read more
A new report from KnowBe4 highlights a troubling reality: the education sector is dangerously unprepared for an onslaught of cyberattacks. The report, titled From Primary Schools to Universities: The Global Education Sector is Unprepared for Escalating Cyber Attacks, reveals that schools and universities are prime targets due to various factors. These include sensitive data, outdated … Read more
A new report from IANS Research and Artico Search highlights growing dissatisfaction with compensation among cybersecurity professionals, with more than 60% considering a job change in the next year. A little research on the job market found a few recent surveys, and this rate is nearly double the national average of U.S. workers contemplating a … Read more
Global Cyber Attacks on Manufacturers Increase Sharply A recent Omdia report commissioned by Telstra International highlights a surge in cyber attacks on manufacturing firms. The study reveals that 80% of manufacturers experienced security breaches last year, yet only 45% are adequately prepared. With the rise of Industry 4.0 and IT-OT convergence, the industry faces heightened … Read more
A recent CyberArk study found that 30% of employees share workplace passwords, creating an MFA security gap. The study surveyed 14,003 employees across six countries and revealed that 49% reuse passwords across multiple work applications, creating additional vulnerabilities. Findings like these are not new, and they highlight the ongoing risks businesses face. Risks that are … Read more