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
Attorneys face rising cybersecurity threats as wire fraud schemes grow in frequency and cost. That take and further analysis courtesy of a meandering search of the internet and stumbling across this recent post from Integreon, a global provider of legal and compliance outsourcing. Their article highlights how cyberattacks like business email compromise (BEC) are targeting … Read more
New AI Security Solution Addresses Lateral Movement and Wire Fraud Risks Following our recent reports on AI-driven cyberattacks, Cowbell has introduced IdentityAI, an AI-powered tool designed to detect and mitigate identity-based threats. This solution aims to address the growing risks of business email compromise (BEC), lateral movement, and fraudulent wire transactions—issues that have led to … Read more
Almost all, a staggering, 96% of ransomware incidents now involve data breaches with data theft. This marks a significant shift in cybercriminals’ strategies. This is according to Arctic Wolf’s 2025 Threat Report. The cybersecurity report’s findings highlight how threat actors are adapting to stronger cybersecurity defenses by prioritizing cyber extortion and leveraging vulnerabilities for infiltration. … 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