The Source for Cyber Insurance News, Insights and Data
The number cyber underwriters need from Allianz Commercial’s new data center report sits on page 24. It is not fire. Wilful acts, a category Allianz describes as “largely cyber crime related,” account for 19% of data center claims by number. Only water damage ranks higher, at 21%. Fire places third by frequency, at 14%. Fire … Read more
In late June, an energy utility in Australia lost its firewall. The attacker did not want that. Neither did his tool. A suspected ransomware operator had pointed Claude Code at the device. The model tried to rewrite the VPN configuration through the API. Those calls failed. So it downloaded the full device configuration, edited it … Read more
A burglar takes your stock. A hacker takes your Tuesday, your payroll run and your customer list. Both are crime. Both cost money. Only one of them gets insured properly. New research from business lender Capital on Tap surveyed 500 United Kingdom business owners in June 2026. More than one in four, 28%, reported a … Read more
Attackers did not just lock operators out. Federal guidance says they learned to disable the alarms that warn something is wrong. A proposal wants underwriters to enforce a standard of care that courts already struck down once. Attackers spent late July inside the control systems of American water utilities. They changed IP addresses. They set … Read more
The UK economy has a concentration problem, and it hums away in server halls in Dublin, Amsterdam, and Northern Virginia. New analysis from the Cyber Monitoring Centre and Parametrix maps where UK cloud dependency actually pools. Three aggregation points support 40% of the UK’s revenue exposure while serving just 3.5% of its companies. The headline … Read more