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Small Businesses Face Ransomware Reckoning Verizon’s 2025 Data Breach Report (DBIR) highlights a dramatic rise in global cyberattacks. Among the 12,195 confirmed data breaches analyzed, small and medium-sized businesses (SMBs) bore the brunt, especially from ransomware attacks. A staggering 88% of SMB breaches involved ransomware. That is more than double the rate seen in larger … Read more
Cowbell introduces Prime One Tech to UK market Cyber insurance provider Cowbell has launched Prime One Tech, a new product offering professional indemnity and cyber coverage to UK tech companies with annual turnover up to £1 billion. The product offers coverage limits up to £5 million. It targets software, hardware, communications, and tech service firms … 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
Cybercrime Surges as Identity-Based Attacks Become the Norm, IBM Finds On Earth Day, while volunteers plant trees and clean beaches, IBM offers a sobering reminder: it’s not just the planet that needs protecting. According to the newly released 2025 IBM X-Force Threat Intelligence Index, cybercriminals are waging a parallel war, not on nature, but on … 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