The Source for Cyber Insurance News, Insights and Data
Retail hacks serve as wake-up call In recent weeks the, Marks & Spencer, Co-op, and Harrods hacks have disrupted payments, deliveries, and day-to-day operations; the UK government has issued a blunt warning: cyberattacks aren’t going away, and artificial intelligence is about to make things worse. Speaking at the CyberUK 2025 conference in Manchester, Cabinet Office Minister Pat … Read more
High-profile cyberattacks on UK retailers are spotlighting the ongoing cyberattack vulnerabilities businesses face. From the Co-op to M&S to the Harrods hack, these crimes are costing firms millions. Beyond stock value, there is also a personal cost, like the couple left without their wedding cake, highlighting cybercrime’s very real human impact. It has been reported … Read more
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