The Source for Cyber Insurance News, Insights and Data
Infostealers and Ransomware Surge as Cybercriminals Expand Tactics Cybercrime has reached “an unprecedented level of sophistication,” according to KELA’s State of Cybercrime 2024 cybersecurity report. The study highlights how cybercriminals are forming alliances, adopting artificial intelligence (AI), and exploiting vulnerabilities at a scale never seen before. A Year of Alarming Growth in Cyber Threats Infostealer … Read more
SecurityScorecard and KPMG in Canada have announced a strategic agreement to enhance cybersecurity for critical sectors. The partnership introduces SecurityScorecard MAX, a Supply Chain Detection & Response (SCDR) solution, as a managed service in Canada. Enhancing Supply Chain Security SecurityScorecard MAX focuses on identifying and mitigating cybersecurity risks across vendor networks. KPMG in Canada will … Read more
Almost all, a staggering, 96% of ransomware incidents now involve data breaches with data theft. This marks a significant shift in cybercriminals’ strategies. This is according to Arctic Wolf’s 2025 Threat Report. The cybersecurity report’s findings highlight how threat actors are adapting to stronger cybersecurity defenses by prioritizing cyber extortion and leveraging vulnerabilities for infiltration. … Read more
New York’s legislature has announced two new amendments and a clarification to the State’s cyber law involving data breaches, highlighting important changes in cyber regulations, reports the indispensable JD Supra. Businesses now have a 30-day deadline to notify residents impacted by covered breaches and, if the hack involves financial matters, the New York Department of … Read more
Healthcare data breaches soared in 2024, with a staggering 305 million patient records compromised, according to Bluesight’s 2025 Breach Barometer. The report highlights a rise in cyberattacks, delayed breach notifications, and increasing cyber insurance costs. All this adds financial pressure to an already strained industry. Largest Healthcare Breach in History In one case a single … Read more