The Source for Cyber Insurance News, Insights and Data
Middle Market Cybersecurity Breaches Decline But Risks Persist Cyber risks are growing more complex, yet data breaches in the U.S. middle market have decreased. According to RSM US LLP’s 10th Annual Cybersecurity Special Report, 18% of middle market companies experienced a breach in the past year. That’s down from 28% the previous year. Still, experts … Read more
The CyberEdge Wake-Up Call If you can’t trust a cybercriminal, who can you trust? The 2025 Cyberthreat Defense Report (CDR) by CyberEdge Group exposes a harsh truth. Victims who make ransomware payments only recover data half the time. That’s right, more than 45% of organizations don’t recover data and walk away empty-handed. Based on a … Read more
The vast majority of cybersecurity breaches stem from human error. Clicking phishing links or using weak passwords are common examples. But another kind of human mistake is putting companies at risk: executive misalignment on cybersecurity. New research from Ernst & Young LLP (EY US) reveals that C-suite leaders often misunderstand the scale and nature of … Read more
K2 Cyber has announced a new partnership with TransUnion to expand cybersecurity services for small and midsize businesses (SMBs). As part of the collaboration, K2 Cyber clients will gain access to TransUnion’s TruEmpower™ CyberScout solution. The service provides incident response, forensic consultation, identity theft tools, and a crisis hotline. K2 Cyber CEO Keith Moore said … Read more
Ransomware Attacks Surge Again in 2024 Ransomware attacks rose nearly 20% in 2024, according to At-Bay’s newly released 2025 InsurSec Report. The severity of these cybercrime attacks also jumped 13%. The report, grounded in real claims data, shows the digital battlefield is getting riskier, especially impacting cybersecurity for mid-sized businesses. Companies earning between $25 million … Read more