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Cyber Insurance News

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Cyber Risk & Insurance Innovation USA

Discover new avenues of growth and resilience in a changing cyber risk market The realm of cyber insurance is arguably the most fluid within the insurance sector, evolving almost daily. Systemic risks, intensified by the unpredictability of major cyber events, have thrust coverage nuances and the grey zones of war exclusions to the forefront. Amid…

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Cyber Risk & Insurance Innovation Europe

Europe’s Cyber Brokers, Carriers, and Security Experts Unite Cyber insurance is arguably the most dynamic sector in the insurance industry today, characterised by intangible risks, fluctuating pricing, and a product that is still evolving. Ransomware, breaches, insider threats, malicious cyber attacks, phishing schemes, and supply chain attacks are just a few ways cyber criminals have…

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Drive Efficiency—Reduce Costs—Harness AI: Revolutionising the claims function with a blend of people and technology

Changed customer expectations, new technologies, and new market entrants require insurers to rethink the claims journey. Recognised as the cornerstone of the customer lifecycle, claims departments must proactively become more customer-centric, collaborative, innovative, digitally-focused, and forward-thinking to provide the reputation and retention rates essential for the success of insurance. In light of inflationary pressures, supply…

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Re/insurance Outlook Europe 2024

Panel Balancing Cyber Risk and Growth: The Complexities, Emerging Risks, and Potential Solutions Associated with Insuring Cyber Threats Explore the evolving landscape of cyber threats and the role of reinsurance in providing coverage for cyber risks Examine the latest developments such as how coverage will have to change in the future, the impact on pricing…

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12th Annual Cyber Liability Insurance ExecuSummit

Join us at the Mohegan Sun Resort & Convention Center in Uncasville, CT on March 19 & 20, 2024 for the day & a half, high-impact 12th Annual Cyber Liabilities Insurance ExecuSummit. ExecuSummit producers are in the forefront of the cyber liability and data risk, monitoring & researching emerging issues and trends and bringing this strategic…

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The Underwriting Network

Underwriting is the crux of insurance. And when it comes to improving your underwriting performance, it’s not all about process efficiency, innovation, and technology. Market conditions, emerging risks, product development and your relationship with brokers are paramount to success. The Underwriting Network is the new name for Intelligent Insurer’s annual underwriting event. Building on four years of success,…

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Coalition’s Data Advantage Webinar

Learn how Coalition provides brokers with: Cyber insurance powered by proprietary data and risk insights gathered from across the entire internet Human expertise enhanced by AI analytics to deliver the most timely and impactful cyber risk insights for businesses Data-driven personalized recommendations that help reduce the frequency of claims You’ll also have the chance to…

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Cyber Insurance Trends Looking Ahead to 2024

From the SEC’s new cyber disclosure rules to the impact of artificial intelligence on cyber risk, various factors will shape the insurance market in 2024. These trends, of course, will affect your cyber insurance renewal. Join our experts as they explain pricing and retention trends, and dive into the hot topics that may impact your…

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Cyber Risk & Insurance Innovation Europe 2024

Cyber risk is keeping leaders awake at night and is a growing concern for businesses of all sizes around the world. With increased cyber attacks, data loss and cyber extortion becoming more prevalent and financially damaging, there is a growing need and market for cyber insurance. However, despite it being one of the fastest-growing markets…

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PLUS CYBER SYMPOSIUM

Cyber Symposium brings together brokers, underwriters, and reinsurers for 2 full days of networking and education in the heart of NYC. Hear from key players and cyber thought leaders within the cyber liability industry as they discuss the cyber exposures and emerging issues that will impact the market in the coming year, all while earning…

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Cyber Insurance News

Cyber Insurance News
Discover the escalating cyber threats targeting industrial sectors in 2025. According to Honeywell's latest Cybersecurity Threat Report, ransomware attacks have surged by 46% in Q1 2025, with 2,472 incidents reported. Notably, the W32.Worm.Ramnit trojan has seen a 3,000% increase, accounting for 37% of malicious files detected. USB devices remain a significant vulnerability, with 1,826 unique threats identified, including 124 new malware strains.

Key Highlights:

Ransomware-as-a-Service (RaaS) is increasingly targeting Operational Technology (OT) systems.

USB exploitation was involved in 25% of recent incidents.

Critical sectors at risk include energy, water treatment, transportation, and agriculture.

Human error and poor privilege management contribute to over 60 cases of unauthorized access.

Potential economic impact includes $1.5 trillion in downtime for U.S. firms.

Recommendations:

Implement Zero Trust Architecture.

Enforce Multi-Factor Authentication (MFA).

Utilize AI-powered threat detection.

Conduct regular vulnerability assessments.

Ensure backups use air-gapped storage.

Stay informed and proactive against growing cyber threats. Secure your industrial environment now before it's too late.

#IndustrialCybersecurity #Ransomware2025 #OTSecurity #USBThreats #HoneywellReport #CyberRisk #ZeroTrust #CriticalInfrastructure #CyberAwareness #SCADASecurity
Industrial Cybersecurity in 2025: Ransomware Surge & USB Threats Exposed
In this clip from Episode #EP-6 of Cyber Insurance News Podcast, host Martin Hinton is joined by guest Dan Candee, CEO of Cork Protection, to break down the often-confusing acronyms MSP (Managed Service Provider) and MSSP (Managed Security Service Provider).

🔍 Dan explains how these service providers play a crucial role in modern business — supporting IT infrastructure, cybersecurity, cloud services, and more — in a clear, relatable way.

👨‍💻 Whether you're a small business owner, entrepreneur, or just trying to make sense of cybersecurity, this clip offers valuable insights into how to secure your business with the right tech partners.

✅ Topics Covered:

What MSPs and MSSPs really do

Cybersecurity made simple with real-world analogies

Why modern businesses rely on managed service providers

Protecting your data, brand, and reputation

🎧 Subscribe for more expert insights into cybersecurity, tech, and cyber insurance trends.

#CyberSecurity #MSP #MSSP #SmallBusinessTech #CyberInsurance #CyberRisk #ManagedServiceProvider #BusinessSecurity #CorkProtection #DanCandee #CyberProtection #TechSimplified
Cybersecurity for Small Business - MSP vs MSSP Explained | Dan Candee Simplifies A Jargon-Rich Space
In this clip from our latest podcast, Dan Candee, CEO of Cork Protection, discusses a critical component of SMB cyber resilience—the evolving role of cybersecurity insurance. Dan highlights the need for nimbleness in cyber coverage, especially for small businesses that often bear the brunt of devastating attacks.

💬 Quote Highlight:
"At the end of the day, my business is to serve the SMB market... who is providing the most value fastest." – Dan Candee, CEO Cork Protection.

#CyberResilience, #CyberSecurity, #SmallBusinessSecurity, #SMBProtection, #DigitalSafety, #CyberInsurance, #InsurTech, #MSPCommunity, #TechForSMBs, #CyberThreats, #DanCandee, #CorkProtection, #PodcastClip, #CybersecurityPodcast, #FastResponseInsurance, #BusinessTips, #EntrepreneurAdvice, #TechTalks, #DataProtection, #InsuranceTrends
Cyber Insurance for SMBs – What Needs to Change? | Dan Candee Interview
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