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Marsh Expands Cyber Insurance with Cyber Echo Encore, Adding $45 Million Coverage

Posted on March 17, 2025March 17, 2025 By Martin Hinton

Marsh has introduced Cyber Echo Encore. This is an enhancement to its Cyber Echo insurance facility. The expansion provides up to $45 million in additional cyber insurance capacity. The cyber…

Read More “Marsh Expands Cyber Insurance with Cyber Echo Encore, Adding $45 Million Coverage” »

Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Underwriting

Coalition Names Maha Virudhagiri as First Chief Technology Officer

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

Coalition, the “Active Insurance” provider, has appointed Maha Virudhagiri as its first Chief Technology Officer (CTO). Virudhagiri, formerly with Tesla and Ancestry®, will oversee engineering, IT, infosec, data, and AI…

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Cyber Insurance, Cyber Insurance People, Cybersecurity people

Onda Launches Onda X Cyber Insurance for Mid-Market Companies in the UK and France

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

Onda, a Lloyd’s-backed cyber MGA, has unveiled Onda X, a new cyber insurance product tailored for mid-market firms across the UK and France. Targeting companies with annual revenues between £100…

Read More “Onda Launches Onda X Cyber Insurance for Mid-Market Companies in the UK and France” »

Cyber Insurance, Cyber Insurance EU, Cyber Insurance for SMEs/SMBs, Cyber Insurance UK, Small Business

AI-Powered Identity Security: Cowbell IdentityAI Slashes Breach Detection Time

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

New AI Security Solution Addresses Lateral Movement and Wire Fraud Risks Following our recent reports on AI-driven cyberattacks, Cowbell has introduced IdentityAI, an AI-powered tool designed to detect and mitigate…

Read More “AI-Powered Identity Security: Cowbell IdentityAI Slashes Breach Detection Time” »

AI & Cyber Insurance

Coalition’s Cyber Threat Index 2025: Ransomware Attackers Target Same Weaknesses, Report Finds

Posted on March 12, 2025March 12, 2025 By Martin Hinton

Report Highlights How Businesses Can Reduce Cyber Risk as Threats Persist Coalition, an active insurance provider, has released its Cyber Threat Index 2025, shedding light on the dominant cybersecurity threats…

Read More “Coalition’s Cyber Threat Index 2025: Ransomware Attackers Target Same Weaknesses, Report Finds” »

Cyber Insurance, Cybersecurity, Cybersecurity Report, Ransomware Insurance

Cyber Insurance Market Maturing With “Leveling” Rate Changes – RPS Report

Posted on March 12, 2025March 12, 2025 By Martin Hinton

The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services…

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AI & Cyber Insurance, Cyber Insurance, Cyber Insurance Reports

CyberSecOp and Risk Strategies Partner to Strengthen Cybersecurity and Cyber Insurance

Posted on March 11, 2025March 11, 2025 By Martin Hinton

New Partnership Aims to Enhance Cyber Risk Management CyberSecOp, a Managed Security Services Provider, has partnered with Risk Strategies, a North American specialty insurance brokerage firm, to offer enhanced cybersecurity…

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Cyber Insurance, Cybersecurity

AXA XL Partners with Darkweb IQ to Boost Cybersecurity for Cyber Insurance Clients

Posted on March 6, 2025March 6, 2025 By Martin Hinton

AXA XL has announced a new partnership with cybersecurity firm Darkweb IQ to strengthen cyber protection for its global cyber insurance clients. This collaboration provides AXA XL clients access to…

Read More “AXA XL Partners with Darkweb IQ to Boost Cybersecurity for Cyber Insurance Clients” »

Cyber Insurance, Cybersecurity, Cybersecurity Investment

MAPFRE RE Partners with CyberCube to Enhance Cyber Risk Management

Posted on March 5, 2025March 5, 2025 By Martin Hinton

MAPFRE RE has signed a three-year agreement with CyberCube to enhance its cybersecurity risk management capabilities. The partnership allows the global reinsurer to license CyberCube’s cyber risk analytics tools. MAPFRE…

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Cyber Insurance

AI-Powered Cyber Threats Surge: 78% of CISOs Report Major Impact in 2025

Posted on March 4, 2025March 4, 2025 By Martin Hinton

AI Cybersecurity Report Highlights Growing Concerns and Solutions This year started as last year ended, with warnings about AI cybersecurity threats. Now, a new report offers a “boots on the…

Read More “AI-Powered Cyber Threats Surge: 78% of CISOs Report Major Impact in 2025” »

AI & Cyber Insurance, Cyber Insurance, Cybersecurity, Cybersecurity Report

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Cyber Insurance News
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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