The Source for Cyber Insurance News, Insights and Data
With a title like “Ransomware Season Arrives Early,” you might be tempted to crawl back into bed and leave the digital world behind. But before you do, it’s worth reading how serious this season will be. In the second quarter of 2024, global ransomware attacks continued escalating, with the Corvus Insurance report identifying 1,248 victims. … Read more
The latest Data Health Check report by Databarracks reveals a marked decline in cyber insurance claims. That indicates a significant shift in the cyber landscape. This finding comes despite the increased adoption of cyber insurance policies among UK businesses. This trend underscores a growing resilience in the face of cyber threats, as more organizations successfully … Read more
Much like the Dunning-Kruger effect, where individuals overestimate their abilities due to a lack of self-awareness, organizations worldwide fall prey to a similar bias in assessing their cyber resilience. A recent study commissioned by Cohesity, a firm in the AI data security and management, reveals that many companies believe they are well-prepared to handle cyber … Read more
In an era where data breaches, cyberattacks, and cybersecurity dominate news, the vulnerabilities associated with intangible assets like intellectual property and artificial intelligence are becoming impossible to ignore. Businesses are finding that the threats they face are no longer just physical—they are digital, invisible, and often far more damaging. As companies continue to expand their … Read more
New research from SecurityScorecard and The Cyentia Institute reveals a stark reality for Global 2000 companies: 99% are directly connected to vendors that have experienced recent breaches. Prompted by new SEC cybersecurity requirements demanding transparency around third-party breaches, this report underscores the rising threat of multi-party supply chain attacks. The report features a cover inspired … Read more