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Cyber Insurance to Hit $16.3 Billion in 2025 as Risks Multiply, Says Munich Re

Posted on April 15, 2025April 15, 2025 By Martin Hinton

Digital World Faces Record-Breaking Cyber Risk Exposure Munich Re’s “Cyber Insurance: Risks and Trends 2025” report projects the cyber insurance market will grow to $16.3 billion by 2025. This growth…

Read More “Cyber Insurance to Hit $16.3 Billion in 2025 as Risks Multiply, Says Munich Re” »

Cyber Insurance, Cyber Insurance Market Size, Cyber Insurance Reports

Cyber Insurance Losses Mount, But Industry Poised for Growth – Gallagher Re 2025

Posted on April 15, 2025April 15, 2025 By Martin Hinton

Gallagher Re’s latest report, The Quest for Growth, dives into a range of pressing cybersecurity insurance issues, from ransomware and cyber underwriting cycles to the evolving cyber threat landscape. At…

Read More “Cyber Insurance Losses Mount, But Industry Poised for Growth – Gallagher Re 2025” »

Cyber Insurance, Cyber Insurance Market Size, Cyber Insurance Reports

Tax Day = Cyber Scam Day; Watch Out for “Smishing” and “Phishing-as-a-Service (PhaaS)”

Posted on April 15, 2025April 15, 2025 By Mark Sauter

Not long ago we reported on the threat from quishing and brushing. Now the IRS and Microsoft are advising consumers and accountancies about cyber scams linked to tax returns, including…

Read More “Tax Day = Cyber Scam Day; Watch Out for “Smishing” and “Phishing-as-a-Service (PhaaS)”” »

Cyber Insurance, Cyber Insurance Policies & Strategies, Cyber Insurance Reports, Cyber Insurance Threats, Personal Cyber Insurance, Personal CyberSecurity

Cyber Insurance News & Information Podcast -Episode #3

Posted on April 14, 2025April 19, 2025 By Martin Hinton

In this episode, Martin Hinton speaks with Ryan Mimmo, Head of Underwriting at Converge Insurance, about the evolving landscape of cyber insurance. They discuss the challenges of underwriting in a…

Read More “Cyber Insurance News & Information Podcast -Episode #3” »

Cyber Insurance, Cyber Insurance News & Information Podcst

Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies

Posted on April 12, 2025April 12, 2025 By Martin Hinton

Ransomware Attacks Surge Again in 2024 Ransomware attacks rose nearly 20% in 2024, according to At-Bay’s newly released 2025 InsurSec Report. The severity of these cybercrime attacks also jumped 13%….

Read More “Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies” »

Cybersecurity, Cybersecurity Report, Ransomware Insurance

New Tech E&O Coverage for UK & EU Firms – Resilience Expands Cyber Risk Solutions

Posted on April 12, 2025April 12, 2025 By Martin Hinton

A Timely Launch for a Growing Cyber Risk Landscape As digital transformation accelerates, technology companies face mounting pressure to stay ahead of cybersecurity risks. Recognizing this, Resilience, a global cyber…

Read More “New Tech E&O Coverage for UK & EU Firms – Resilience Expands Cyber Risk Solutions” »

Cyber Insurance, Cyber Insurance EU, Cyber Insurance Geographic Markets, Cyber Insurance UK, EU Cybersecurity

Digital Healthcare Booms Amid Rising Cyber and AI Risks – CFC Report Finds

Posted on April 11, 2025April 11, 2025 By Martin Hinton

CFC, a specialist insurance provider, reports that the global digital healthcare industry is booming, driven by technology advancements and shifting patient expectations. Now, the cyber risk part. CFC’s latest Digital…

Read More “Digital Healthcare Booms Amid Rising Cyber and AI Risks – CFC Report Finds” »

Cyber Insurance, Cyber Insurance for Healthcare, Cybersecurity, Cybersecurity Report

Lockton and Axio Launch Strategic Cyber Risk Partnership to Enhance Analytics

Posted on April 11, 2025April 11, 2025 By Martin Hinton

Strategic Partnership Targets Financial Clarity in Cyber Risk Insurance broker Lockton has formed a strategic partnership with cybersecurity risk analytics provider Axio. The collaboration aims to help organizations understand and…

Read More “Lockton and Axio Launch Strategic Cyber Risk Partnership to Enhance Analytics” »

Cyber Insurance, Cybersecurity

Coalition Unveils New Cyber Insurance Policy with Expanded Coverage

Posted on April 11, 2025April 11, 2025 By Martin Hinton

Launch of the Active Cyber Policy Coalition has introduced a redesigned cyber insurance policy. The Active Cyber Policy protects against modern digital threats like Funds Transfer Fraud, AI Deepfakes, and…

Read More “Coalition Unveils New Cyber Insurance Policy with Expanded Coverage” »

Cyber Insurance, Cyber Insurance Carriers & Brokers

Cyber Risk Firm Resilience Expands Services for Large Enterprises With New Insurance Capacity

Posted on April 9, 2025April 9, 2025 By Martin Hinton

Cyber Insurance Solutions Now Available for $10B+ Revenue Enterprises Resilience has extended its cyber risk capacity to enterprises earning more than $10 billion in annual revenue. The move gives broker…

Read More “Cyber Risk Firm Resilience Expands Services for Large Enterprises With New Insurance Capacity” »

Cyber Insurance, Cyber Insurance Carriers & Brokers

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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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