The Source for Cyber Insurance News, Insights and Data
DDoS Attacks Continue to Escalate DDoS attacks surged 56% in Q3-Q4 2024 compared to the same period in 2023, according to Gcore’s latest Radar report. The total number of attacks also increased by 17% compared to Q1-Q2 2024. Attackers are deploying more sophisticated methods, making detection and mitigation increasingly difficult. The most severe attack recorded … Read more
A new report from SecurityScorecard reveals some interesting details about third-party cyber risks in insurance. Among them, 59% of insurance industry breaches stem from third-party attack vectors. These findings underscore vulnerabilities in the supply chain that expose critical policyholder data to cyber threats. The study analyzed 150 top insurance firms, revealing an industry struggling with … Read more
In today’s digital landscape, identity security is paramount. The dramatic increase of both human and machine identities has changed the rules of cybersecurity. They are how attackers target credentials and access points as their primary method of intrusion. CyberArk’s The Identity Security Imperative: A Leader’s Guide to Securing Every Identity presents a stark reality—identity-based attacks … Read more
A new study by DeNexus has revealed that a startling 92% of industrial sites worldwide are at risk from unsecured remote access systems, exposing them to potential losses as high as $1.5 million per location. The research into Industrial cybersecurity risks looked at 254 industrial facilities. Covering North America, Europe, and Australia, underscoring the vulnerability … Read more
Alarming Statistics: The Call is Coming from Inside the House SecurityScorecard’s latest report reveals a staggering 58% of cyber breaches impacting top U.S. federal contractors originate from third-party vulnerabilities. This rate of federal contractor cyber breaches is double the global average and reflects serious weaknesses in managing external risks. The issue evokes the classic horror … Read more