The Source for Cyber Insurance News, Insights and Data
Time off can be a gift—when it’s planned. But when work screeches to a halt because of a disruptive cyber event, the losses are more than just productivity. A new report from QBE Insurance reveals that 1 in 7 businesses suffered an unplanned business interruption of one working day or more in the past 12 … Read more
Fraudulent Wire Transfer: A Constant Threat It shouldn’t need to be said, but here we go. Wire transfer fraud remains a significant risk to businesses and legal teams alike. Already a successful scheme, AI enhancements to the practice seem sure to make the cons more convincing. As a result, the legal and financial exposure associated … Read more
GenAI Surges Ahead, But Security Gaps Widen Thales’ 2025 Data Threat Report reveals that enterprises are embracing generative AI (GenAI) faster than ever. One-third of surveyed organizations report being in the “integration” or “transformation” phase. Yet, only a small portion have adjusted cybersecurity measures to match this rapid AI adoption. Nearly 70% cite the GenAI … Read more
Retail hacks serve as wake-up call In recent weeks the, Marks & Spencer, Co-op, and Harrods hacks have disrupted payments, deliveries, and day-to-day operations; the UK government has issued a blunt warning: cyberattacks aren’t going away, and artificial intelligence is about to make things worse. Speaking at the CyberUK 2025 conference in Manchester, Cabinet Office Minister Pat … Read more
Despite widespread use of artificial intelligence (AI) and an uptick in digital threats, global cybersecurity readiness remains dangerously low, according to Cisco’s newly released 2025 Cybersecurity Readiness Index. Only 4% of organizations worldwide have reached the “Mature” level of readiness. That’s up just one percentage point from last year’s findings. The rest remain vulnerable to … Read more