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Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

CyberCube Warns: Critical Sectors Face Escalating Cyber Threats in 2024

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

As cyber threats become increasingly sophisticated and target the vital systems at the core of modern society, CyberCube’s “Global Threat Briefing H2 2024” underscores a critical reality: attacks on Single…

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Cybersecurity, Cybersecurity Report

Howden Says Cybersecurity Gaps Cost UK £44bn; Is Russia Poised to Exploit Weaknesses?

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

UK businesses have lost £44 billion to cyber attacks in the past five years, according to Howden. Half of UK businesses, about 1.3 million companies, suffered at least one cyber…

Read More “Howden Says Cybersecurity Gaps Cost UK £44bn; Is Russia Poised to Exploit Weaknesses?” »

Cybersecurity, EU Cybersecurity

New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree

Posted on November 25, 2024November 25, 2024 By Mark Sauter

Coverdash, the insurtech broker, is now offering cyber insurance, and other covers, to start ups and SMBs via LendingTree, the large market place for business and other loans. “This strategic…

Read More “New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance for SMEs/SMBs, Cyber Insurance For Startups, Cybersecurity for SMBs

97% Used to Be a Good Grade—But Not for Retailers Facing Data Breaches

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

When we saw 97% on a grade school test, it meant we did well. For America’s top retailers, that number signals trouble. A new report by cybersecurity firm SecurityScorecard reveals…

Read More “97% Used to Be a Good Grade—But Not for Retailers Facing Data Breaches” »

Cybersecurity, Cybersecurity Report

Leaving the Keys in the Ignition: VPN Weaknesses Open the Door to Ransomware

Posted on November 23, 2024November 23, 2024 By Martin Hinton

Using “admin” as a username for a virtual private network (VPN) is akin to parking your car and leaving the keys in the ignition. You are making it easy; why…

Read More “Leaving the Keys in the Ignition: VPN Weaknesses Open the Door to Ransomware” »

Cybersecurity, Ransomware Insurance

The Kids Are Alright: Startups Strengthen Cybersecurity

Posted on November 23, 2024November 23, 2024 By Martin Hinton

Suppose startups are the kids of the business world. In that case, the latest Embroker report suggests they’re growing up fast when it comes to startup cybersecurity. Among the findings…

Read More “The Kids Are Alright: Startups Strengthen Cybersecurity” »

Cyber Insurance, Cyber Insurance For Startups

Bitdefender and Cysurance Team Up to Provide MDR Customers with Up to $1 Million in Cyber Insurance Coverage

Posted on November 23, 2024November 23, 2024 By Martin Hinton

Bitdefender announced a new cybersecurity breach warranty program for businesses using its Managed Detection and Response (MDR) services. The program offers Bitdefender customers up to $1 million in Cysurance Certification…

Read More “Bitdefender and Cysurance Team Up to Provide MDR Customers with Up to $1 Million in Cyber Insurance Coverage” »

Cyber Insurance

ReasonLabs launches mobile security app with $1 million cyber insurance

Posted on November 21, 2024November 21, 2024 By Martin Hinton

ReasonLabs has launched its Online Security platform for Android and iOS devices. The platform offers protection for devices, identities, and privacy, and includes $1 million in cyber insurance to help…

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Cyber Insurance, Personal Cyber Insurance, Personal CyberSecurity

THREE Business Insurance Emphasizes Comprehensive Coverage for Bars Amid Rising Cyber Threats

Posted on November 19, 2024November 19, 2024 By Martin Hinton

THREE Business Insurance has released insights on affordable financial protection and bar insurance coverage options. One they highlight is the growing importance of cyber insurance. Many bar owners mistakenly believe…

Read More “THREE Business Insurance Emphasizes Comprehensive Coverage for Bars Amid Rising Cyber Threats” »

Cyber Insurance, Cyber Insurance for SMEs/SMBs

AdvantageGo and CyberCube Form Strategic Alliance to Enhance Cyber Risk Analytics

Posted on November 18, 2024November 18, 2024 By Martin Hinton

AdvantageGo, a commercial (re)insurance software provider and part of Coforge announced a strategic alliance with CyberCube, a provider of cyber risk analytics to the (re)insurance industry. The partnership integrates CyberCube’s…

Read More “AdvantageGo and CyberCube Form Strategic Alliance to Enhance Cyber Risk Analytics” »

Cyber Insurance, Cyber Insurance Underwriting

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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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