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Amazon to Offer Cyber Insurance to UK SMBs, Following Move into US Market 

Posted on October 9, 2021August 13, 2023 By Editor

“Amazon’s foray into UK business insurance with Superscript follows US insurtech firm Next Insurance’s announcement back in March that it would be offering insurance to US small businesses via Amazon…

Read More “Amazon to Offer Cyber Insurance to UK SMBs, Following Move into US Market ” »

Cyber Insurance Carriers & Brokers, Cyber Insurance Policies & Strategies

CEO Predicts Cyber Insurance Will Become Mandatory, Like Worker’s Comp

Posted on October 7, 2021November 16, 2021 By Editor

“‘Progressive versions of workers’ comp have led to improved employee health and safety measures and proactive prevention efforts to reduce the risk of workplace injuries,’ Kundi said. ‘Similarly, as we…

Read More “CEO Predicts Cyber Insurance Will Become Mandatory, Like Worker’s Comp” »

Cyber Insurance Laws & Regulations, Cyber Insurance Policies & Strategies

Biden Admin Plans 30-Country Meeting as Part of “Counter-Ransomware Initiative” 

Posted on October 6, 2021November 16, 2021 By Editor

“The Biden administration hopes that their new informal group, which they’re calling the Counter-Ransomware Initiative, will bolster their diplomatic push that has included direct talks with Russia as well as…

Read More “Biden Admin Plans 30-Country Meeting as Part of “Counter-Ransomware Initiative” ” »

Cyber Insurance Policies & Strategies, Ransomware Insurance

The “Ransomware Business Model” 

Posted on October 4, 2021November 16, 2021 By Editor

“’Threat actors have moved to engaging in double extortion, meaning that the hackers would threaten to release private information if the organization doesn’t pay,’ said Angela Feudo (pictured below), manager,…

Read More “The “Ransomware Business Model” ” »

Cyber Insurance Carriers & Brokers, Ransomware Insurance

Solutions for Healthcare Organizations Seeking or Maintaining Cyber Insurance 

Posted on October 3, 2021October 3, 2021 By Mark Sauter

“One of the numerous requirements is for organizations to implement and run a PAM (Privileged Access Management) tool that will continuously scan access, provides Just In Time Access (JITA), and…

Read More “Solutions for Healthcare Organizations Seeking or Maintaining Cyber Insurance ” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers

Coalition’s Valuation Doubles in Six Months as VCs Continue to Fund Cyber Insurance Players 

Posted on September 29, 2021September 29, 2021 By Mark Sauter

“Coalition is not the only cyber insurer this year to attract the attention of venture capital. In March—the same month Coalition announced its Series D—Boston-based Corvus Insurance announced a $100 million Series…

Read More “Coalition’s Valuation Doubles in Six Months as VCs Continue to Fund Cyber Insurance Players ” »

Cyber Insurance Investments and M&A

Brokers & Clients Continue to Lack Knowledge to Make Good Cyber Insurance Decisions:  Insurance Business America

Posted on September 29, 2021September 29, 2021 By Mark Sauter

“One broker noted that ‘the insurance industry has done a really poor job on educating brokers and, more importantly, clients about how important cyber coverage is, how great the risk…

Read More “Brokers & Clients Continue to Lack Knowledge to Make Good Cyber Insurance Decisions:  Insurance Business America” »

Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers

School District Gets Cyber + Crime Insurance Payment After Cyber Scam 

Posted on September 26, 2021September 26, 2021 By Mark Sauter

“‘We went through cyber insurance and also crime insurance and between the two out of the $312,000 fraudulent … we’re recuperating $307,000, so though there will be a $5,000 loss…

Read More “School District Gets Cyber + Crime Insurance Payment After Cyber Scam ” »

Cyber Insurance Policies & Strategies

Zurich Teams with Cyber Insurance Startup BOXX as it Raises A Round 

Posted on September 25, 2021September 25, 2021 By Mark Sauter

“Zurich Global Ventures CEO Says Jack Howell said: ‘BOXX’s prevention-led approach convinced us that they are building a winning business with the potential to actively shape cyber insurance for small…

Read More “Zurich Teams with Cyber Insurance Startup BOXX as it Raises A Round ” »

Cyber Insurance Investments and M&A

Risk Quantification in a “Hardening Cyber Insurance Market” 

Posted on September 20, 2021September 20, 2021 By Mark Sauter

“The first is company mapping, which is equivalent to a company’s ancestral tree. Understanding parent entities and subsidiaries and how they work together inform cyber integrity. The second type is…

Read More “Risk Quantification in a “Hardening Cyber Insurance Market” ” »

Cyber Insurance Best Practices, Cyber Insurance Policies & Strategies

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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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