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The Leading Source for Cybersecurity Insurance News, Insights and Data

“Buyer-Friendly” Cyber Insurance Market Meets Rising Geopolitical Tensions

Posted on December 9, 2024December 9, 2024 By Martin Hinton

The cyber insurance market remains favorable to buyers, offering competitive pricing, broader coverage, and better terms, particularly for those who need cybersecurity measures. But, there is always a but. Simmering…

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Cyber Insurance, Cyber Insurance Reports

The Data Loss Dilemma: 20% of Companies Can’t Rebuild Their Data ‘Homes’ After a Cyberattack

Posted on December 6, 2024December 6, 2024 By Martin Hinton

A new report from data management firm NetApp reveals that one in five companies—20 percent—fail to regain data lost as a result of a cyberattack, a scenario as devastating as…

Read More “The Data Loss Dilemma: 20% of Companies Can’t Rebuild Their Data ‘Homes’ After a Cyberattack” »

Cybersecurity, Cybersecurity Report

EU Gives Itself Passing Grade, Barely, on Cybersecurity — New Report from European Union Agency for Cybersecurity (ENISA)

Posted on December 6, 2024December 6, 2024 By Mark Sauter

The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of…

Read More “EU Gives Itself Passing Grade, Barely, on Cybersecurity — New Report from European Union Agency for Cybersecurity (ENISA)” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance EU, Cyber Insurance Reports

CyberCube Partners with HUB International to Offer Cyber Risk Analytics in North America

Posted on December 5, 2024December 5, 2024 By Martin Hinton

CyberCube has partnered with HUB International, a global insurance broker and financial services firm, to provide cyber risk analytics to clients across North America. This collaboration enables HUB to use…

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Cyber Insurance, Risk Modeling

Scam-Yourself Attacks: How Cybercriminals Turn Victims Into Their Own Hackers

Posted on December 5, 2024December 5, 2024 By Martin Hinton

We’ve reported that human error is often at the root of cybersecurity breaches. From weak passwords to careless clicks, people are the weakest link in cyber defense. And if behavioral…

Read More “Scam-Yourself Attacks: How Cybercriminals Turn Victims Into Their Own Hackers” »

Cybersecurity, Cybersecurity Report

CyberArk Report Reveals Employee Behaviors Pose Widespread Cybersecurity Risks That Can Sink Companies

Posted on December 3, 2024December 3, 2024 By Martin Hinton

In 1588, a navigational error led to the defeat of the Spanish Armada, changing the course of European history. Even before modern technology’s advent, human error has had significant consequences….

Read More “CyberArk Report Reveals Employee Behaviors Pose Widespread Cybersecurity Risks That Can Sink Companies” »

Cyber Insurance, Cybersecurity, Cybersecurity Report

Looking Ahead: Netwrix Highlights Key Cybersecurity Threats for 2025

Posted on December 3, 2024December 3, 2024 By Martin Hinton

Legendary baseball player Yogi Berra once said, “It’s tough to make predictions, especially about the future.” It seems obvious, but predicting the future is risky. At the same time, imagining or…

Read More “Looking Ahead: Netwrix Highlights Key Cybersecurity Threats for 2025” »

Cybersecurity

CyberCube Partners with Penguin Tech to Boost Cyber Risk Analytics

Posted on December 2, 2024December 2, 2024 By Martin Hinton

Insurers face increasing challenges in assessing and underwriting cyber risks. With that reality, relevant news. CyberCube and Penguin Tech have formed a strategic partnership to enhance cyber risk solutions for…

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Cyber Insurance

Cyber Re/Insurance Market To Grow Rapidly with Sustained Margins: S&P Global Ratings

Posted on November 30, 2024November 30, 2024 By Mark Sauter

Cyber insurance premiums will grow “15% to 20% per year to a total of about $23 billion by the end of 2026, up from about $14 billion at the end…

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AI & Cyber Insurance, Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Claims, Cyber Insurance Market Size, Cyber Insurance Premiums, Reinsurance, Risk Modeling

CFC Launches New Insurance Solution for Tech Companies

Posted on November 29, 2024November 29, 2024 By Martin Hinton

CFC has launched an insurance solution tailored for mid-size to multinational tech companies. Targeting businesses with over $250 million in revenue, the offering provides tech and cyber risks coverage. “The…

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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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