The Source for Cyber Insurance News, Insights and Data
The Most Significant Milestone Comes at a High Cost The digital shift to hybrid environments is one of the most important advancements in modern business. However, according to Rubrik’s latest “State of Data Security in 2025” report, this progress comes with a steep price: an unprecedented rise in cyber threats affecting nearly every organization on … Read more
Cybersecurity Concerns Front and Center Cybersecurity across the U.S. Maritime Transportation System (MTS) remains a pressing concern, according to Rear Admiral Wayne R. Arguin’s introduction in the Coast Guard’s 2024 Port State Control Annual Report. He stresses that increased digital integration has opened new vulnerabilities in maritime operations. Arguin calls on industry leaders to evaluate … Read more
Organizations Adapt to a Relentless Cybersecurity Threat Landscape, Optiv Report Finds Facing a digital battlefield that’s constantly shifting, organizations are adapting out of necessity. The latest 2025 Cybersecurity Threat and Risk Management Report from Optiv and the Ponemon Institute reveals that cybersecurity is no longer about static defense. It’s about dynamic adaptation. As cyber threats … Read more
A Shocking 33% Surge in Internet Crime Losses The FBI’s 2024 Internet Crime Report shows a staggering 33% increase in reported losses from crimes like phishing, extortion, and data breaches, with the total cost reaching $16.6 billion. In 2024, the FBI’s Internet Crime Complaint Center (IC3) received 859,532 complaints. About 256,256 victims reported financial loss, … Read more
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