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The Leading Source for Cybersecurity Insurance News, Insights and Data

The Next Big Thing in Cyber Insurance? Stand-Alone Insurance Policies for Losses from Using AI

Posted on November 18, 2024November 18, 2024 By Mark Sauter

You’ve seen plenty of reports on how hackers are leveraging AI to commit cyber crimes while insurers are using the technology to improve underwriting and customer service. Now experts report…

Read More “The Next Big Thing in Cyber Insurance? Stand-Alone Insurance Policies for Losses from Using AI” »

AI & Cyber Insurance, Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Reports

Envelop Risk Launches Envelop Underwriting, Appoints Dom Peters as CEO

Posted on November 15, 2024November 15, 2024 By Martin Hinton

Envelop Risk, a data-driven reinsurance and analytics specialist, has launched Envelop Underwriting to unify all its existing cyber underwriting in one strategic framework. This new division encompasses Envelop Risk Bermuda,…

Read More “Envelop Risk Launches Envelop Underwriting, Appoints Dom Peters as CEO” »

Cyber Insurance, Cyber Insurance Underwriting

Mulberri and Qualys Team Up to Offer Cyber Insurance Discounts to SMEs

Posted on November 14, 2024November 14, 2024 By Martin Hinton

Mulberri has partnered with Qualys to provide exclusive discounts on cyber insurance for eligible Qualys customers. The collaboration aims to help small and medium-sized enterprises (SMEs) protect their digital assets…

Read More “Mulberri and Qualys Team Up to Offer Cyber Insurance Discounts to SMEs” »

Cyber Insurance, Cyber Insurance for SMEs/SMBs

Mid-Size Bank Cybersecurity: Underinsured and Overexposed

Posted on November 13, 2024November 13, 2024 By Martin Hinton 3 Comments on Mid-Size Bank Cybersecurity: Underinsured and Overexposed

Cybersecurity is no longer an abstract threat; it’s an immediate and pervasive danger keeping the CEO of mid-sized River City Bank, Steve Fleming, up at night. Hackers relentlessly target both large institutions…

Read More “Mid-Size Bank Cybersecurity: Underinsured and Overexposed” »

Cyber Insurance, Cyber Insurance Financial Institutions

Email Security Insights: Key Trends and Solutions – Report

Posted on November 13, 2024November 14, 2024 By Martin Hinton

Email attacks are surging, hitting businesses hard and exposing a severe paradox: email is both indispensable and dangerously vulnerable. As digital communications fuel daily operations—from sales to financial transactions—organizations can’t…

Read More “Email Security Insights: Key Trends and Solutions – Report” »

Cyber Insurance, Cyber Insurance Reports, Cybersecurity Report

CISO Liability Concerns Grow with Enhanced Disclosure Rules

Posted on November 12, 2024November 14, 2024 By Martin Hinton

Chief Information Security Officers (CISOs) face growing personal liability risks amid increasing cybersecurity threats and stricter regulations. Recent Securities and Exchange Commission (SEC) actions have targeted CISOs individually. For the…

Read More “CISO Liability Concerns Grow with Enhanced Disclosure Rules” »

Cyber Insurance, Cyber Insurance Laws & Regulations

NordVPN Launches NordProtect: New Identity Theft Protection Tool Offering Up to $1 Million Recovery

Posted on November 12, 2024November 14, 2024 By Martin Hinton

NordVPN, a leading VPN provider, has launched NordProtect, an identity theft protection service that functions like a personal cyber insurance policy. Currently available to NordVPN Prime users in the US,…

Read More “NordVPN Launches NordProtect: New Identity Theft Protection Tool Offering Up to $1 Million Recovery” »

Personal Cyber Insurance, Personal CyberSecurity

Is Cybersecurity Spending Surge Sign Of A Gathering Storm? Deloitte Report

Posted on November 11, 2024November 14, 2024 By Martin Hinton

When preparing for imminent threats, increased cybersecurity spending is a significant telltale. In honor of Veterans Day, here is a fitting analogy. In the military, changes in routine sometimes ring…

Read More “Is Cybersecurity Spending Surge Sign Of A Gathering Storm? Deloitte Report” »

Cybersecurity, Cybersecurity Report

Balancing Openness and Security: The Cybersecurity Challenge in Education

Posted on November 11, 2024November 14, 2024 By Martin Hinton

The education sector faces an escalating cybersecurity threat as schools and universities increasingly rely on digital infrastructure. In 2023 alone, cyberattacks exposed vulnerabilities in major school systems, underscoring the urgent…

Read More “Balancing Openness and Security: The Cybersecurity Challenge in Education” »

Cybersecurity

Helvetia partners with Coinnect to boost cyber risk assessment and client protection

Posted on November 11, 2024November 14, 2024 By Martin Hinton

Helvetia Switzerland has announced a new partnership with Coinnect to enhance its cyber risk underwriting and client security services. Starting at the end of 2024, Helvetia will adopt Coinnect’s advanced…

Read More “Helvetia partners with Coinnect to boost cyber risk assessment and client protection” »

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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