The Source for Cyber Insurance News, Insights and Data
Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more
Organizations Adapt to a Relentless Cybersecurity Threat Landscape, Optiv Report Finds Facing a digital battlefield that’s constantly shifting, organizations are adapting out of necessity. The latest 2025 Cybersecurity Threat and Risk Management Report from Optiv and the Ponemon Institute reveals that cybersecurity is no longer about static defense. It’s about dynamic adaptation. As cyber threats … Read more
Cyber Claims in the UK See Second-Highest Spike on Record The UK cyber insurance market faced intense pressure in 2024. Marsh’s new cyber insurance report states that claims volumes hit the second-highest level ever. Although 2024 claims were 20% lower than 2023, they remained one-third higher than in 2020–2022. Ransomware attacks, supply chain breaches, and … Read more
How Do You Manage Your Digital Footprint In the latest episode of the Cyber Insurance News and Information Podcast, host Martin Hinton, Executive Editor at Cyber Insurance News, engages with cybersecurity experts Trinity Davis and Chuck Randolph from 360 Privacy. This insightful conversation highlights cybersecurity’s direct impact on individuals, stressing the critical importance of managing … Read more
A Shocking 33% Surge in Internet Crime Losses The FBI’s 2024 Internet Crime Report shows a staggering 33% increase in reported losses from crimes like phishing, extortion, and data breaches, with the total cost reaching $16.6 billion. In 2024, the FBI’s Internet Crime Complaint Center (IC3) received 859,532 complaints. About 256,256 victims reported financial loss, … Read more