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WTW Launches CyCore Asia, Aiming to Strengthen Cyber Resilience in Singapore and Hong Kong

Posted on January 13, 2025January 13, 2025 By Martin Hinton

Willis Towers Watson, WTW (NASDAQ: WTW), has unveiled CyCore Asia. This new cyber insurance solution is tailored for businesses in Singapore and Hong Kong. Collaborating with underwriters QBE Insurance Group…

Read More “WTW Launches CyCore Asia, Aiming to Strengthen Cyber Resilience in Singapore and Hong Kong” »

Cyber Insurance APAC

Better Late Than Never & Better Insured Than Not: NY Town Announces Hack & Expected Recovery from Cyber Insurance for Government

Posted on January 12, 2025January 12, 2025 By Mark Sauter

The town of Webster, NY has announced it lost more than $520,000 in a phishing attack in November, but says local police have recovered $300,000 of the stolen money and…

Read More “Better Late Than Never & Better Insured Than Not: NY Town Announces Hack & Expected Recovery from Cyber Insurance for Government” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Claims, Cyber Insurance for Government

Hong Kong Data Breaches 2024: Clyde & Co Insights on PCPD Findings

Posted on January 10, 2025January 10, 2025 By Martin Hinton

Clyde & Co has provided key insights into six data breach investigations conducted by Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD). The findings highlight critical shortcomings…

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Cybersecurity

Email Security Trends 2025: Addressing the Disconnect Between Security and Risk Management

Posted on January 9, 2025January 9, 2025 By Martin Hinton

The Zivver Report: Email Security Trends 2025 highlights the critical disconnect between growing email compliance demands and the adoption of effective security measures. Email remains a vital communication tool for…

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Cybersecurity, Cybersecurity Report

Old Republic Launches New Cyber and Technology Insurance Subsidiary

Posted on January 8, 2025January 8, 2025 By Martin Hinton

Old Republic International Corporation (NYSE: ORI) has announced the formation of Old Republic Cyber, Inc., a new underwriting subsidiary specializing in Cyber and Technology Errors and Omissions (E&O) insurance products….

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Cyber Insurance

Robert Malone Joins AXA XL as Head of Large Accounts for Americas Cyber Insurance Team

Posted on January 8, 2025January 8, 2025 By Martin Hinton

AXA XL has appointed Robert Malone as Head of Large Accounts and Portfolio Management for its Americas Cyber Insurance team. Based in New York, Malone will lead the strategy and…

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Cyber Insurance People

AI Cybersecurity Threats: A Dominating Force in Arelion’s Latest Report

Posted on January 7, 2025January 7, 2025 By Martin Hinton

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….

Read More “AI Cybersecurity Threats: A Dominating Force in Arelion’s Latest Report” »

Cyber Insurance, Cybersecurity, Cybersecurity Report

Cybersecurity Threats: Malicious AI – Cyber Insurance Reshaping Business Risk in 2024 – Chubb

Posted on January 7, 2025January 7, 2025 By Martin Hinton

The business risk landscape is evolving rapidly, with cybersecurity threats and technological disruptions taking center stage. A recent report by Chubb highlights the growing importance of addressing risks like malicious…

Read More “Cybersecurity Threats: Malicious AI – Cyber Insurance Reshaping Business Risk in 2024 – Chubb” »

Cybersecurity, Cybersecurity Report

David Powell Joins Liongard as Chief Revenue Officer to Propel Global Growth

Posted on January 7, 2025January 7, 2025 By Martin Hinton

Houston-based Liongard, a leader in Attack Surface Management for MSPs and IT service providers, has appointed David Powell as its new Chief Revenue Officer (CRO). Powell brings over 28 years…

Read More “David Powell Joins Liongard as Chief Revenue Officer to Propel Global Growth” »

Cyber Insurance

Howden’s 2025 Report: Cyber Insurance at the Crossroads of Innovation and Risk

Posted on January 3, 2025January 3, 2025 By Martin Hinton

The new Howden 2025 report “Past the Pricing Peak” analyzes the global insurance and reinsurance markets amidst significant economic, geopolitical, and environmental challenges. With attention to shifting market cycles, the…

Read More “Howden’s 2025 Report: Cyber Insurance at the Crossroads of Innovation and Risk” »

Cyber Insurance Reports

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Discover the escalating cyber threats targeting industrial sectors in 2025. According to Honeywell's latest Cybersecurity Threat Report, ransomware attacks have surged by 46% in Q1 2025, with 2,472 incidents reported. Notably, the W32.Worm.Ramnit trojan has seen a 3,000% increase, accounting for 37% of malicious files detected. USB devices remain a significant vulnerability, with 1,826 unique threats identified, including 124 new malware strains.

Key Highlights:

Ransomware-as-a-Service (RaaS) is increasingly targeting Operational Technology (OT) systems.

USB exploitation was involved in 25% of recent incidents.

Critical sectors at risk include energy, water treatment, transportation, and agriculture.

Human error and poor privilege management contribute to over 60 cases of unauthorized access.

Potential economic impact includes $1.5 trillion in downtime for U.S. firms.

Recommendations:

Implement Zero Trust Architecture.

Enforce Multi-Factor Authentication (MFA).

Utilize AI-powered threat detection.

Conduct regular vulnerability assessments.

Ensure backups use air-gapped storage.

Stay informed and proactive against growing cyber threats. Secure your industrial environment now before it's too late.

#IndustrialCybersecurity #Ransomware2025 #OTSecurity #USBThreats #HoneywellReport #CyberRisk #ZeroTrust #CriticalInfrastructure #CyberAwareness #SCADASecurity
Industrial Cybersecurity in 2025: Ransomware Surge & USB Threats Exposed
In this clip from Episode #EP-6 of Cyber Insurance News Podcast, host Martin Hinton is joined by guest Dan Candee, CEO of Cork Protection, to break down the often-confusing acronyms MSP (Managed Service Provider) and MSSP (Managed Security Service Provider).

🔍 Dan explains how these service providers play a crucial role in modern business — supporting IT infrastructure, cybersecurity, cloud services, and more — in a clear, relatable way.

👨‍💻 Whether you're a small business owner, entrepreneur, or just trying to make sense of cybersecurity, this clip offers valuable insights into how to secure your business with the right tech partners.

✅ Topics Covered:

What MSPs and MSSPs really do

Cybersecurity made simple with real-world analogies

Why modern businesses rely on managed service providers

Protecting your data, brand, and reputation

🎧 Subscribe for more expert insights into cybersecurity, tech, and cyber insurance trends.

#CyberSecurity #MSP #MSSP #SmallBusinessTech #CyberInsurance #CyberRisk #ManagedServiceProvider #BusinessSecurity #CorkProtection #DanCandee #CyberProtection #TechSimplified
Cybersecurity for Small Business - MSP vs MSSP Explained | Dan Candee Simplifies A Jargon-Rich Space
In this clip from our latest podcast, Dan Candee, CEO of Cork Protection, discusses a critical component of SMB cyber resilience—the evolving role of cybersecurity insurance. Dan highlights the need for nimbleness in cyber coverage, especially for small businesses that often bear the brunt of devastating attacks.

💬 Quote Highlight:
"At the end of the day, my business is to serve the SMB market... who is providing the most value fastest." – Dan Candee, CEO Cork Protection.

#CyberResilience, #CyberSecurity, #SmallBusinessSecurity, #SMBProtection, #DigitalSafety, #CyberInsurance, #InsurTech, #MSPCommunity, #TechForSMBs, #CyberThreats, #DanCandee, #CorkProtection, #PodcastClip, #CybersecurityPodcast, #FastResponseInsurance, #BusinessTips, #EntrepreneurAdvice, #TechTalks, #DataProtection, #InsuranceTrends
Cyber Insurance for SMBs – What Needs to Change? | Dan Candee Interview
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