The Source for Cyber Insurance News, Insights and Data
The Most Significant Milestone Comes at a High Cost The digital shift to hybrid environments is one of the most important advancements in modern business. However, according to Rubrik’s latest “State of Data Security in 2025” report, this progress comes with a steep price: an unprecedented rise in cyber threats affecting nearly every organization on … Read more
Cybersecurity Concerns Front and Center Cybersecurity across the U.S. Maritime Transportation System (MTS) remains a pressing concern, according to Rear Admiral Wayne R. Arguin’s introduction in the Coast Guard’s 2024 Port State Control Annual Report. He stresses that increased digital integration has opened new vulnerabilities in maritime operations. Arguin calls on industry leaders to evaluate … Read more
Organizations Adapt to a Relentless Cybersecurity Threat Landscape, Optiv Report Finds Facing a digital battlefield that’s constantly shifting, organizations are adapting out of necessity. The latest 2025 Cybersecurity Threat and Risk Management Report from Optiv and the Ponemon Institute reveals that cybersecurity is no longer about static defense. It’s about dynamic adaptation. As cyber threats … Read more
A Shocking 33% Surge in Internet Crime Losses The FBI’s 2024 Internet Crime Report shows a staggering 33% increase in reported losses from crimes like phishing, extortion, and data breaches, with the total cost reaching $16.6 billion. In 2024, the FBI’s Internet Crime Complaint Center (IC3) received 859,532 complaints. About 256,256 victims reported financial loss, … Read more
Data Breach Costs Soar, Heightening Need for New Solutions Kyndryl has announced new data security services in collaboration with Microsoft. The launch comes as data breaches continue to hammer industries with high costs and rising cybersecurity and cyber insurance challenges. Kyndryl’s new offering, called Kyndryl Consult Data Security Posture Management, uses Microsoft Purview technologies. The … Read more