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

Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies

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

Digital Healthcare Booms Amid Rising Cyber and AI Risks – CFC Report Finds

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

CyberCube and Maury Donnelly & Parr Partner to Boost Cyber Risk Analysis for Clients

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 Launches Cyber Risk Services to Support Policyholders

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

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