The Source for Cyber Insurance News, Insights and Data
A Wake-Up Call for Mid-Market and Small Business Cybersecurity Cyber risk is no longer a distant concern for mid-market and small businesses. In 2024, cyber insurance claim frequency spiked by more than 15%, with companies generating $100–$500 million in revenue facing a staggering 48% increase, according to At-Bay’s 2025 InsurSec Report. In response to this … Read more
“It Won’t Happen to Me.” Are we all teenagers at heart? Most small business owners feel safe from cyber risk. They shouldn’t. A new study exposes how misplaced confidence leaves digital doors wide open. Recent research by Coalition, the Small Business Cybersecurity Study, reveals a glaring gap in how small businesses perceive and respond to … Read more
Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more
In its 2025 Annual Threat Report, cybersecurity firm Sophos warns that small and midsized businesses remain prime targets for evolving cybercrime. When it comes to cybercrime trends the report highlights ransomware as the leading threat, with old and misconfigured network devices opening the door to attacks. It also identifies a surge in email-based credential theft, … Read more
Cybersecurity Tops the List of SMB Concerns in 2024 When it comes to small businesses, the biggest threat might not be the competition, it may well be the clicks they didn’t see coming. According to the 2024 (Q1) MetLife and U.S. Chamber of Commerce Small Business Index, cybersecurity ranks as the top concern for small … Read more