The Source for Cyber Insurance News, Insights and Data
AXA XL has announced a new partnership with cybersecurity firm Darkweb IQ to strengthen cyber protection for its global cyber insurance clients. This collaboration provides AXA XL clients access to Darkweb IQ’s services at preferential rates. Strengthening Cybersecurity Measures Tim Smit, AXA XL’s Global Head of Cyber Risk Strategies and Partnership Programs, emphasized the importance … Read more
Ransomware Attacks Hit All-Time Highs Travelers today released its Q4 2024 Cyber Threat Report, revealing an unprecedented surge in ransomware attacks. The report highlights that ransomware operators have shifted tactics from mass-scale exploits to more repeatable attack methods. According to the report, 1,663 victims were posted on leak sites in Q4 2024, marking a 32% … Read more
Imagine getting a report card with words like “insufficient,” “misaligned priorities,” and “fragmented defenses.” That’s the current state of industrial control system (ICS) and operational technology (OT) cybersecurity, according to a new report from OPSWAT and SANS Institute. Despite rising cyberattacks targeting critical infrastructure, cybersecurity budgets remain inadequate. The obvious result of insufficient ICS/OT cybersecurity … Read more
Cybercrime Surges in 2024 Amid AI-Driven Attacks Cyberattacks targeting sensitive data surged in 2024, driven by AI-powered threats, ransomware evolution, and geopolitical conflicts. Deep Instinct’s 2025 Threat Report: The Changing Face of Global Threats highlights a 30% increase in global cyberattacks compared to 2023. Moving into the future – the report predicts a continued rise … Read more
AI Cybersecurity Report Highlights Growing Concerns and Solutions This year started as last year ended, with warnings about AI cybersecurity threats. Now, a new report offers a “boots on the ground” perspective—or rather, a “suits in the C-suite” view from Chief Information Security Officers (CISOs). As AI-driven attacks and cybersecurity AI solutions evolve, organizations must … Read more