Canada Tops FBI Cybercrime Complaints But Only 18% Of Small Businesses Have Cyber Insurance

The Numbers Changed. The Rules Changed With Them The FBI’s 2025 Internet Crime Report delivers one number that sets the stage: losses reported to the Internet Crime Complaint Center reached $20.877 billion last year, a 26% jump from 2024. For insurers, brokers, and corporate risk managers, this confirms the trend. The response to this threat … Read more

Cyber Insurance Market Size to Approach $120 Billion by 2032? So Says Bullish New Report on Growth in Cybersecurity Insurance

Credence Research’s March 2026 report provides one of the more aggressive recent estimates, valuing the global cyber insurance market size at $20.88 billion in 2024, projected to reach $118.97 billion by 2032 with a CAGR of 24.3% over the 2025–2032 period. This high base-year figure and elevated growth rate assume continued expansion of demand for … Read more

Millions Of Potential Cyber Insurance Policy Customers Already Exposed, DynaRisk

DynaRisk says many potential cyber insurance policy customers already face active cyber risk. To address this, DynaRisk offers a scan that provides insurers with evidence of exposure, including compromised credentials, malware infections, and direct targeting by threat actors targeting customers of banks, retailers, employers, and membership groups. The company based its findings on a proprietary … Read more

Cyber Liability Insurance: Key Takeaways From PLUS Cyber Symposium

I attended the 2026 PLUS Cyber Symposium in New York City, where the agenda, as you might already have guessed, focused on cyber liability insurance. The sessions provided useful insights for brokers, carriers, claims teams, and security leaders working in a rapidly changing threat environment. The following summaries cover the main themes from each panel. … Read more

Tokio Marine Kiln Names Ben Sitki to Expand Cyber Reinsurance Capabilities

Tokio Marine Kiln (TMK) has named Ben Sitki as an underwriter on its Cyber Reinsurance Solutions team, effective immediately. This appointment supports TMK’s continued growth in cyber reinsurance after launching its cyber treaty offering in November. Sitki will report to Cesar Silvestre, Head of Cyber Reinsurance Solutions. “We’re delighted to welcome Ben to the team. … Read more

×