The Source for Cyber Insurance News, Insights and Data
The cybersecurity industry spends billions on technology. Firewalls. Endpoint detection. Zero trust architecture. But Yaniv Kapluto says the real problem walks through the front door every morning, as organizations continue to struggle with human error and the cybersecurity workforce gap. Kapluto is Chief Revenue Officer at nuKudo, a global cybersecurity workforce company that identifies, trains, … Read more
Picture your insurer reaching out before a breach happens, not just after. That’s the approach AXA XL is taking. The global specialty insurer has launched a new Prevention Business Unit, its fifth major division. The idea is straightforward: the best claim is the one that never occurs. Libby Benet, AXA XL’s Global Chief Underwriting Officer, … Read more
Healthcare remains the most targeted sector in cybersecurity. Breaches multiply. Ransomware disrupts patient care. Regulators raise the bar. Most of the coverage focuses on large hospital systems and health insurers. Far less attention lands on a specific and vulnerable corner of that market: the hospitals that treat children. A new report from Black Book Research … Read more
Only one in nine ransomware attacks becomes publicly disclosed. The rest happen in silence. That gap between what is reported and what is real has direct consequences for every organization that buys, sells, or underwrites cyber insurance. This ransomware trend is just part of the BlackFog Q1 2026 State of Ransomware report, released on May … Read more
At-Bay’s analysis of more than 6,500 claims documents how Akira ransomware and a single VPN brand reshaped the cyber insurance loss landscape in 2025. Cyber insurance claims hit record highs in 2025. Frequency rose 7% year-over-year. Average severity climbed to an all-time high of $221,000. Those are the headline numbers. The story behind them is … Read more