The Source for Cyber Insurance News, Insights and Data
Coalition’s newly released 2025 Cyber Claims Report outlines key cyber trends that shaped the digital threat landscape and influenced insurance outcomes for its policyholders across 2024. The report reveals that business email compromise (BEC) and funds transfer fraud (FTF) dominated claims, accounting for 60% of all incidents. Coalition notes its proactive “Active Insurance” model played … Read more
Despite widespread use of artificial intelligence (AI) and an uptick in digital threats, global cybersecurity readiness remains dangerously low, according to Cisco’s newly released 2025 Cybersecurity Readiness Index. Only 4% of organizations worldwide have reached the “Mature” level of readiness. That’s up just one percentage point from last year’s findings. The rest remain vulnerable to … Read more
In a striking shift in enterprise cybersecurity, a majority of U.S. businesses are now shaping their defense strategies to meet cyber insurance compliance. According to Pentera‘s 2025 State of Pentesting report, 59% of surveyed enterprises implemented new security solutions specifically at the request of their insurance providers. This trend sees insurers now acting not just … Read more
Social Engineering Used to Breach M&S Systems A cyberattack on Marks & Spencer (M&S) has raised concerns over digital security in the UK retail sector. Sources told BleepingComputer that threat actors allegedly used social engineering to reset an employee password and access internal systems. The tactics mirror those used in other recent attacks on retailers. … Read more
The NFL Draft called an unexpected audible last week; one that didn’t involve a playbook but a privacy breach. A prank caller impersonating an NFL general manager during the draft spotlighted two pressing cybersecurity issues: the protection of confidential data and the risks tied to remote work. SentinelOne notes that the remote workforce has grown … Read more