Rising Cyber Claims Pressure Insurers to Adapt as Threats Evolve

Cyber insurance claims and risks are surging as premiums dip, putting the industry in a precarious position. Despite strides in cybersecurity protocols, insurers are struggling to keep up with an onslaught of complex and frequent cyber incidents. From large-scale data breaches to double extortion ransomware, the threats can seem countless. Industry experts warn that if … Read more

Cyber Risks Continue to Rise: NetDiligence Releases Latest Cyber Claims Study

NetDiligence has unveiled its fourteenth annual Cyber Claims Study, offering a comprehensive analysis of over 10,000 cyber insurance claims reported between 2019 and 2023. The report highlights emerging trends in cyber risk across a wide range of industries, focusing on the financial burdens faced by organizations, particularly small to medium-sized enterprises (SMEs). This year’s study, … Read more

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