Top 5 Reasons Every Small Business – Even Lawn Care Companies – Need Cyber Insurance

The stars align, a touch of hay fever, the wind takes down a tree, and a press release from biBerk Business Insurance highlights the need for lawn care companies to have several types of coverage, including cyber insurance. In 2025, cybercrime knows no bounds. Whether you’re running an e-commerce brand, a law office, or a … Read more

Healthcare Cybersecurity on Life Support? 2024 HIMSS Report Uncovers Gaps

When hackers hit a hospital, it’s not just data at stake. It’s lives. That’s the stark undercurrent running through the 2024 HIMSS Healthcare Cybersecurity Survey. Released this spring by the Healthcare Information and Management Systems Society (HIMSS), the annual snapshot offers a sobering diagnosis of things like patient data protection and healthcare IT security. As … Read more

Cyber Insurance in 2025: Trends to Know from RSM’s Latest Cybersecurity Report

Middle Market Cybersecurity Breaches Decline But Risks Persist Cyber risks are growing more complex, yet data breaches in the U.S. middle market have decreased. According to RSM US LLP’s 10th Annual Cybersecurity Special Report, 18% of middle market companies experienced a breach in the past year. That’s down from 28% the previous year. Still, experts … Read more

Lloyd’s Invests in BreachBits to Boost Cyber Insurance Innovation

Lloyd’s has made a strategic investment in cyber technology firm BreachBits through its central innovation fund. This marks the third investment from Lloyd’s Lab alumni, following BreachBits’ participation in the accelerator’s 13th cohort. BreachBits, founded by former US cyber warfare professionals, developed two automated tools aimed at enhancing cyber insurance efficiency. Lloyd’s market participants helped … Read more

Tax Day = Cyber Scam Day; Watch Out for “Smishing” and “Phishing-as-a-Service (PhaaS)”

Not long ago we reported on the threat from quishing and brushing. Now the IRS and Microsoft are advising consumers and accountancies about cyber scams linked to tax returns, including “smishing.” What are smishing cyber scams? Read on for a smishing definition. Microsoft Warns of Phishing Attacks Earlier this month Microsoft alerted cyber security professionals … Read more

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