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Retailer M&S to Make $133 million Cyber Insurance Claim: Media Reports

Posted on May 19, 2025May 19, 2025 By Mark Sauter No Comments on Retailer M&S to Make $133 million Cyber Insurance Claim: Media Reports

British retailer M&S (Marks and Spencer) is expected to make a cyber insurance claim of around £100 million (app. $133 million) following a hack that forced the company to stop…

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Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Claims, Cyber Insurance Policies & Strategies, Cyber Insurance Premiums, Cyber Insurance Threats, Cyber Insurance UK, Cyber Insurance Underwriting

CyberCube and Aviva Partner: AI Boosts Cyber Threat Intelligence and Risk Management

Posted on May 19, 2025May 19, 2025 By Martin Hinton No Comments on CyberCube and Aviva Partner: AI Boosts Cyber Threat Intelligence and Risk Management

AI integration enhances Aviva’s cyber exposure management CyberCube and Aviva have partnered to apply AI technology to cyber threat intelligence and risk management. The collaboration uses CyberCube’s Portfolio Threat Actor…

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AI & Cyber Insurance, Cyber Insurance, Risk Modeling

New Data Shows Training Cuts Phishing Risk by 86% – A Big Win for Cybersecurity

Posted on May 16, 2025May 16, 2025 By Martin Hinton No Comments on New Data Shows Training Cuts Phishing Risk by 86% – A Big Win for Cybersecurity

New Dogs, New Tricks: Fighting Digital Mammoths with Click-Smart Training “To err is human,” in the digital age, it’s just as true as when cavemen mistook mammoths for pets. But…

Read More “New Data Shows Training Cuts Phishing Risk by 86% – A Big Win for Cybersecurity” »

Cybersecurity, Cybersecurity Training

Arctic Wolf Unveils Incident360 Retainer to Strengthen Cyber Incident Response

Posted on May 16, 2025May 16, 2025 By Martin Hinton No Comments on Arctic Wolf Unveils Incident360 Retainer to Strengthen Cyber Incident Response

Planning Is Preparation There’s an old saying: failing to plan is planning to fail. In the digital age, this still applies. Yet many organizations lack a complete incident response plan…

Read More “Arctic Wolf Unveils Incident360 Retainer to Strengthen Cyber Incident Response” »

Cybersecurity

India’s K.M. Dastur Taps CyberCube to Strengthen Cyber Insurance Capabilities

Posted on May 15, 2025May 15, 2025 By Martin Hinton No Comments on India’s K.M. Dastur Taps CyberCube to Strengthen Cyber Insurance Capabilities

India’s cybersecurity concerns are rising amid digital growth, and new insurance tools aim to address evolving threats. K.M. Dastur Reinsurance Brokers has partnered with CyberCube to adopt the Broking Manager…

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Cyber Insurance, Cyber Insurance APAC, Cyber Insurance Geographic Markets, Risk Modeling

Cybersecurity Crisis: WTW 2025 Report Reveals Alarming Supply Chain Threats

Posted on May 15, 2025May 15, 2025 By Martin Hinton No Comments on Cybersecurity Crisis: WTW 2025 Report Reveals Alarming Supply Chain Threats

Highly Efficient Supply Chains Expose Global Firms to Cybersecurity Threats Today’s interconnected global economy has produced exceptionally efficient supply chains, but at a growing cost: cybersecurity vulnerability. According to WTW’s…

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Cyber Insurance, Cybersecurity, Supply Chain Cybersecurity And Insurance

Antiquated Regulations Against “Cyber Insurance Bundling” Slow Innovation

Posted on May 15, 2025May 15, 2025 By Mark Sauter No Comments on Antiquated Regulations Against “Cyber Insurance Bundling” Slow Innovation

The fusion of cyber insurance with security services is a key trend in the industry, designed to help policy holders achieve and then maintain — after the policy has been…

Read More “Antiquated Regulations Against “Cyber Insurance Bundling” Slow Innovation” »

Cyber Insurance, Cyber Insurance Policies & Strategies, Cyber Insurance Premiums, Cyber Insurance Reports, Cyber Insurance Tech, Cyber Insurance Underwriting, Risk Modeling

New Cyber Risk Calculator from Resilience Translates Threats into Dollars

Posted on May 15, 2025May 15, 2025 By Martin Hinton No Comments on New Cyber Risk Calculator from Resilience Translates Threats into Dollars

Unknowns Hurt More In business and in life, facing the unknown is often worse than dealing with bad news. At least when a threat is known, teams can prepare, budget,…

Read More “New Cyber Risk Calculator from Resilience Translates Threats into Dollars” »

Cyber Insurance, Cyber Insurance Systemic Risks, Risk Modeling

Cyber Insurance War Exclusions: Markel Introduces $5M War Cover for Collateral Losses

Posted on May 13, 2025May 13, 2025 By Martin Hinton No Comments on Cyber Insurance War Exclusions: Markel Introduces $5M War Cover for Collateral Losses

New Cyber Product Targets Gaps Left by War Exclusions Markel Insurance introduced a cyber insurance product that offers coverage for indirect losses caused by acts of war. The product provides…

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Cyber Insurance, Cyber War Exclusions

Lee Enterprises Files Cyber Insurance Claim to Cover “Significant Impact” Of Hack

Posted on May 12, 2025May 12, 2025 By Mark Sauter No Comments on Lee Enterprises Files Cyber Insurance Claim to Cover “Significant Impact” Of Hack

A publisher of newspaper and digital news covering 72 markets in 25 states across the U.S., Lee Enterprises (NASDAQ: LEE) experienced a “cyber security incident” in February that had a…

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8-K, Cyber Insurance, Cyber Insurance Claims, Cyber Insurance Settlements

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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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