The Source for Cyber Insurance News, Insights and Data
Guardrails After the Crash: A Curious Delay in Action Despite high-profile data breaches and ransomware attacks, organizations are still slow to boost cybersecurity spending. It is an age-old tradition of worrying about the barn door only after the horse has escaped. The 2025 Security Budget Benchmark Report by IANS Research and Artico Search shows clear … Read more
Fools Rush In – “Bypassing Security” – “Organizations are bypassing security and governance for AI in favor of do-it-now AI adoption.” That line in the press release announcing IBM’s latest Cost of a Data Breach Report 2025 rings with urgency. It evokes the old line, “Fools rush in,” penned by English poet Alexander Pope in … Read more
Lack of Visibility Leaves Leaders in the Dark Cyber risk communication is broken. And then there’s the third-party risk and the “burnout.” Bitsight’s new “State of Cyber Risk and Exposure 2025” report reveals that only 28% of organizations say they’re “very effective” at communicating cyber risk to leadership. But a critical connection emerges: firms with … Read more
M&S Cyberattack Set the Stage for a Sector-Wide Alarm – Earlier this year, Marks & Spencer suffered a devastating cyberattack. The breach was severe, costing at least £300 million in lost profits. Chairman Archie Norman described the attack to Parliament as “traumatic.” The attackers used sophisticated impersonation and exploited M&S’s legacy systems. This event exposed … Read more
Ports Handle Trade. But They Can’t Handle a Breach – Maritime ports manage over 80% of global trade. They are also integral to NATO’s military logistics. They are critical infrastructure. But they are not ready for cyber war. NATO’s Cooperative Cyber Defence Centre of Excellence (CCDCOE) says ports face “unprecedented cybersecurity threats.” The actors? Russia, … Read more