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Cyber Insurance News

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Cyber Incidents Top 2025 Risk: AI Amplifies Threats, Says Allianz Risk Barometer

Posted on January 15, 2025January 15, 2025 By Martin Hinton

Cyber incidents, including ransomware, data breaches, and IT disruptions, dominate the Allianz Risk Barometer 2025 as the top global business risk, capturing 38% of responses. This marks the fourth consecutive…

Read More “Cyber Incidents Top 2025 Risk: AI Amplifies Threats, Says Allianz Risk Barometer” »

Cybersecurity, Cybersecurity Report

69% of U.S. Businesses Face Rising Cyber Attacks, Hiscox Report Warns

Posted on January 14, 2025January 14, 2025 By Martin Hinton

Cyber threats continue to escalate, with 69% of U.S. businesses reporting a rise in cyber attacks over the past year, according to the 2024 Hiscox Cyber Readiness Report. It is…

Read More “69% of U.S. Businesses Face Rising Cyber Attacks, Hiscox Report Warns” »

Cybersecurity, Cybersecurity Report

CyberCube’s 2025 Predictions: How AI, Quantum Computing, and Innovation Will Reshape Cyber Insurance

Posted on January 14, 2025January 14, 2025 By Martin Hinton

CyberCube has unveiled its 2025 Predictions Report, highlighting key trends shaping the cyber (re)insurance market. With insights from industry leaders, the report emphasizes emerging challenges and opportunities in cyber risk…

Read More “CyberCube’s 2025 Predictions: How AI, Quantum Computing, and Innovation Will Reshape Cyber Insurance” »

Cyber Insurance Reports

BforeAI Secures $10 Million Series B Funding to Enhance PreCrime™ AI Platform

Posted on January 14, 2025January 14, 2025 By Martin Hinton

In a world where artificial intelligence has stepped out of sci-fi films and into reality, BforeAI is making waves with its PreCrime™ platform, which sounds like something straight out of…

Read More “BforeAI Secures $10 Million Series B Funding to Enhance PreCrime™ AI Platform” »

Cybersecurity Investment

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

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…

Read More “Email Security Trends 2025: Addressing the Disconnect Between Security and Risk Management” »

Cybersecurity, Cybersecurity Report

CFC Appoints Michael Lewis Cyber Development Manager in Australia

Posted on December 13, 2024December 13, 2024 By Martin Hinton

Michael Lewis will join CFC in January 2025 as Cyber Development Manager. This appointment strengthens CFC’s cyber team in Australia. He spent two years at Emergence Insurance as a business…

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Cyber Insurance, Cyber Insurance People

Beazley Security Expands Leadership to Support Growth in US and Europe

Posted on December 4, 2024December 4, 2024 By Martin Hinton

Beazley Security has appointed two senior leadership positions. They will manage its growth and expand operations in key markets. Stephanie Webb will lead sales in the UK and Europe, while…

Read More “Beazley Security Expands Leadership to Support Growth in US and Europe” »

Cybersecurity, Cybersecurity people

Hackers Exploit GEICO and Travelers, Leading to $11.3 Million in Fines

Posted on November 26, 2024November 26, 2024 By Martin Hinton

When GEICO and Travelers were hacked, stealing personal information from over 120,000 New Yorkers. They exploited vulnerabilities in online auto insurance quoting tools to obtain driver’s license numbers and dates…

Read More “Hackers Exploit GEICO and Travelers, Leading to $11.3 Million in Fines” »

Cybersecurity

The Cybersecurity Battleground: Smaller Businesses and Critical Industries Under Siege

Posted on November 25, 2024November 25, 2024 By Martin Hinton

In recent conversations with cybersecurity experts and reviews of cybersecurity reports, we have heard a consistent concern: as large businesses fortify their defenses, shrewd cybercriminals shift focus to smaller, less…

Read More “The Cybersecurity Battleground: Smaller Businesses and Critical Industries Under Siege” »

Cybersecurity, Cybersecurity Report

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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