The Source for Cyber Insurance News, Insights and Data
Cyberattacks Hit Nearly Half of Portfolio Companies – Almost half of private equity (PE) portfolio companies reported cyber incidents in the past year, many involving ransomware or extortion attempts. PE Cybersecurity and cyber insurance are the focus of the Private Equity Cyber Survey White Paper by QBE, which surveyed 300 risk managers and CISOs at … Read more
Artificial Intelligence (AI) adoption is surging; check that, it has surged and continues to do so. Whether this results in a gold rush or leaves hands full of fool’s gold remains to be seen. Regardless of that, the rush is on, and cybersecurity readiness lags. Delinea’s new report, “AI in Identity Security Demands a New … Read more
Security Leaders Expect Cyberattacks Soon – Proofpoint’s 2025 Voice of the CISO report delivers a stark message: most chief information security officers (CISOs) feel under siege. “76% feel their company is at risk of a material cyberattack within the next 12 months,” the report states. That’s up from 70% last year. More than a third … Read more
Password Cracking Doubles in One Year – You could say it’s as easy as 1,2,3… Passwords remain the weakest link in enterprise defense. Picus Security’s new Blue Report 2025 shows cracked password hashes in 46% of environments. That’s nearly double last year’s 25%. The surge reflects poor password policies and reliance on outdated hashing methods. … Read more
Modern Bank Robberies Have Gone Digital – Retire the getaway car. Save the ski mask for skiing. The days of the bank heist are dwindling. Well, not really. U.S. bank robberies peaked in 1991 at 9,388. By 2023, the number dropped to 1,362, an 83% decline in 20 years. Today, the average stolen haul is … Read more