The Source for Cyber Insurance News, Insights and Data
Infostealers and Ransomware Surge as Cybercriminals Expand Tactics Cybercrime has reached “an unprecedented level of sophistication,” according to KELA’s State of Cybercrime 2024 cybersecurity report. The study highlights how cybercriminals are forming alliances, adopting artificial intelligence (AI), and exploiting vulnerabilities at a scale never seen before. A Year of Alarming Growth in Cyber Threats Infostealer … 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
DDoS Attacks Continue to Escalate DDoS attacks surged 56% in Q3-Q4 2024 compared to the same period in 2023, according to Gcore’s latest Radar report. The total number of attacks also increased by 17% compared to Q1-Q2 2024. Attackers are deploying more sophisticated methods, making detection and mitigation increasingly difficult. The most severe attack recorded … Read more
Artificial Intelligence in Cybersecurity: A Double-Edged Sword Arelion’s new report, “Artificial Intelligence: Opportunity or Threat for Global Networks?“, highlights the transformative yet perilous role of AI in the cybersecurity landscape. While AI offers vast opportunities to enhance network operations, its adoption has simultaneously heightened vulnerabilities as AI cybersecurity threats become more sophisticated. AI-Powered Cyberattacks: A … Read more
In a move to fortify its cyber defense capabilities, Resilience, a cyber risk management firm, has acquired BreachQuest, the incident response specialist. The acquisition was announced this week. It marks a significant step in enhancing the company’s ability to combat the growing threat of Business Email Compromise (BEC) attacks. These attacks have increasingly troubled the … Read more