Cyber Insurance Claims 2025: Ransomware Costs and Downtime Surge in NetDiligence Report

Shattered digital padlock with financial chart background and bold text “Cyber Insurance Claims 2025,” symbolizing cyber breaches and insurance costs.

Cyber insurance claims are rising fast, with ransomware and business email compromise (BEC) driving record losses. NetDiligence’s 2025 Cyber Claims Study, based on 10,402 claims between 2020 and 2024, highlights how costs and downtime are hitting businesses harder than ever. The report paints a stark picture: small and medium enterprises (SMEs) face surging recovery and … Read more

Mosaic Expands Cyber Insurance and FI Coverage with Modular IMI for North America and Bermuda

Mosaic Insurance has expanded its investment management insurance (IMI) with a new modular form that blends financial and cyber insurance. The product now offers up to $20 million per risk across the US, Canada, and Bermuda. “This coverage offers a customized approach for investment managers when purchasing their IMI and cyber insurance,” said Tom Dilley, … Read more

Data443 Secures Strategic Cyber Insurance Deal with Trium Cyber at Lloyd’s of London

Data443 Expands Into Cyber Insurance Market Data443 Risk Mitigation has signed a licensing deal with Trium Cyber, operator of Syndicate 1322 at Lloyd’s of London. The agreement gives Data443 entry into the global cyber insurance market, which could reach $50 billion by 2030. Trium will use Data443’s TacitRed™ threat intelligence platform to manage risks across … Read more

DUAL Europe Strengthens Cyber Insurance with New Leaders and Regional Structure

DUAL Europe strengthens Cyber insurance operations with new appointments and a streamlined regional structure across Europe. The company announced leadership changes to reinforce its presence in a rapidly growing cyber market. Strategic Appointments Announced DUAL Europe named Marek Stanislawski as Head of Business Development, Cyber Europe, effective 3 September. Based in Stockholm, Stanislawski will focus … Read more

Neon Cyber Launches Workforce Cybersecurity Platform to Protect Modern Teams

Neon Cyber Emerges from Stealth with Browser-Level Security Neon Cyber has launched a new Cybersecurity Platform designed to protect employees where they work—inside browsers and SaaS tools. The company’s Workforce Cybersecurity Platform (WCP) provides real-time defense against phishing, credential abuse, and unmanaged SaaS applications. Founded by cybersecurity veterans Cody Pierce and Mark St. John, Neon … Read more

×