The Source for Cyber Insurance News, Insights and Data
Cybersecurity Tops the List of SMB Concerns in 2024 When it comes to small businesses, the biggest threat might not be the competition, it may well be the clicks they didn’t see coming. According to the 2024 (Q1) MetLife and U.S. Chamber of Commerce Small Business Index, cybersecurity ranks as the top concern for small … Read more
The CyberEdge Wake-Up Call If you can’t trust a cybercriminal, who can you trust? The 2025 Cyberthreat Defense Report (CDR) by CyberEdge Group exposes a harsh truth. Victims who make ransomware payments only recover data half the time. That’s right, more than 45% of organizations don’t recover data and walk away empty-handed. Based on a … Read more
Cybersecurity Budgets Grow, but Identity Governance Challenges Remain Omada’s State of Identity Governance 2025 report highlights ongoing struggles with Identity Governance and Administration (IGA), even as security funding increases. Based on insights from over 500 IT and business leaders, the report reveals persistent gaps in automation, cost efficiency, and access control. Michael Garrett, CEO of … Read more
Cybercriminals Exploit Trusted Services for Attacks Cybercriminals increasingly exploit legitimate online services to mask their attacks, according to Mimecast’s Global Threat Intelligence Report (H2 2024). The report highlights a rise in phishing, ransomware, and nation-state-backed cyber operations across global cyber threats. Hackers are leveraging platforms like Microsoft’s OneDrive, Google Docs, and Dropbox to host malicious … Read more
We’ve written about the good and bad of AI cybersecurity tools recently. On the heel of that Bitsight has introduced “Instant Insights,” an AI-based feature that automates the analysis of security documents such as SOC 2 reports. Part of the Bitsight IQ suite, this AI cybersecurity tool aims to simplify and speed up vendor risk … Read more