The Source for Cyber Insurance News, Insights and Data
Time off can be a gift—when it’s planned. But when work screeches to a halt because of a disruptive cyber event, the losses are more than just productivity. A new report from QBE Insurance reveals that 1 in 7 businesses suffered an unplanned business interruption of one working day or more in the past 12 … Read more
Highly Efficient Supply Chains Expose Global Firms to Cybersecurity Threats Today’s interconnected global economy has produced exceptionally efficient supply chains, but at a growing cost: cybersecurity vulnerability. According to WTW’s newly released 2025 Global Supply Chain Risk Report, cyber threats are now a central concern in supply chain risk management. Based on replies from 1,000 … Read more
We recently told you how a cyber insurance settlement of $30 million boosted Q1-2025 results for Sonic Automative, which was hit by the ransomware attack last year on CDK Global, provider of software for auto dealerships. Now two more of America’s largest auto dealers have made public filings touching on the hack and their actual … Read more
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%. The report, grounded in real claims data, shows the digital battlefield is getting riskier, especially impacting cybersecurity for mid-sized businesses. Companies earning between $25 million … Read more
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 risk management firm, has launched a new Technology Errors and Omissions (Tech E&O) cyber insurance offering for enterprises in the United Kingdom and Europe. The … Read more