The Source for Cyber Insurance News, Insights and Data
Illinois Cyber Insurance Litigation The ruling in Illinois cyber insurance litigation, which came last month in the state’s appeals court, stemmed from the high-profile 2021 ransomware attack on Kronos Private Cloud (now part of UKG), in which hackers exploited vulnerabilities like Log4j to disrupt payroll and HR services for millions of employees worldwide. Clients, including … Read more
Soft Cyber Market Faces Intensifying Ransomware Risk Ransomware continues to spread while cyber insurance pricing weakens, according to CyberCube’s Global Threat Briefing H2 2025. The report warns that capacity still exceeds demand after three straight years of rate decreases. Competition pushes carriers to relax premiums, limits, and cyber coverage terms. At the same time, threat … Read more
Retail ransomware attacks have been in the news. Co-op’s shutdown exposed a coverage gap; it carried no cyber insurance. Marks & Spencer, insured, saw its statutory profit plunge 99% to £3.4m and received £100m in insurance payments. Sam’s Club (Walmart), Victoria’s Secret, Dollar Tree, the list could go on. Sophos’ new report, “State of Ransomware … Read more
VPNs from Cisco and Citrix pose the highest ransomware risk, while email-related cyber incidents jumped 30% last year, according to At-Bay’s 2025 InsurSec Rankings Report. The annual study, based on more than 100,000 policy years of claims data, shows that email and remote access together accounted for 90% of cyber insurance claims in 2024. The … Read more
Ransomware Becomes a Weapon of National Disruption Ransomware has evolved from a corporate nuisance into a full-scale national security threat. According to KELA’s National Cybersecurity Report: Ransomware, attacks surged 34% year-over-year between January and September 2025. Nearly half of these attacks targeted critical infrastructure sectors, including manufacturing, healthcare, energy, transportation, and finance. Lin Levi, Threat … Read more