The Source for Cyber Insurance News, Insights and Data
Ransomware Attacks Surge Again in 2024 Ransomware attacks rose nearly 20% in 2024, according to At-Bay’s newly released 2025 InsurSec Report. The severity of these cybercrime attacks also jumped 13%. The report, grounded in real claims data, shows the digital battlefield is getting riskier, especially impacting cybersecurity for mid-sized businesses. Companies earning between $25 million … Read more
CFC, a specialist insurance provider, reports that the global digital healthcare industry is booming, driven by technology advancements and shifting patient expectations. Now, the cyber risk part. CFC’s latest Digital Healthcare Report highlights key trends shaping the sector, emphasizing the rising risks from cyber threats, AI liability, and telemedicine practices. AI Liability and Data Privacy … Read more
Maury Donnelly & Parr, a retail insurance brokerage based in Baltimore, has partnered with cyber risk analytics firm CyberCube. Under the partnership, the brokerage will license two of CyberCube’s solutions—Broking Manager and Prep Module. Broking Manager helps brokers explain cyber risks and financial exposures to clients. It also supports decisions around cyber insurance coverage. Prep … Read more
Travelers Offers New Cyber Risk Services The Travelers Companies, Inc. has launched a new suite of cybersecurity tools. These are now included in all its cyber liability policies. The package, called Travelers Cyber Risk Services, aims to help businesses prevent, detect, and recover from cyberattacks. Key Features for Cyber Liability Policies Key features include a … Read more
New Cyber Insurance Product Offers Uncapped Coverage and Proactive Services CFC has launched a new cybersecurity insurance product dubbed Cyber Proactive Response (CPR). It’s designed for businesses with up to €250 million in revenue. In announcing the news, CFC stated that the product includes two industry firsts, removes six exclusions, and features 30 new coverage … Read more