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Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

A Hurricane of Cyber Insurance – Report

Posted on September 4, 2024September 4, 2024 By Martin Hinton

Natural disasters are easy to comprehend because the damage is visible, tangible, and emotionally striking; you can see the devastation and read the stories of lives lost. Cyberattacks, by contrast,…

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Cyber Insurance, Cyber Insurance Reports

Cyber Insurance Sunday – Upload

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

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: here’s more. At-Bay and Omdia and the…

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Cyber Insurance, Cyber Insurance Sunday - Upload

Cyber Insurance Claims Fall Amidst Rising Cyber Resilience in UK – Databarracks Report

Posted on August 16, 2024August 16, 2024 By Martin Hinton

The latest Data Health Check report by Databarracks reveals a marked decline in cyber insurance claims. That indicates a significant shift in the cyber landscape. This finding comes despite the…

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Cyber Insurance, Cyber Insurance Reports, Cybersecurity Report

Cohesity Report Highlights Overconfidence in Cyber Resilience Amid Rising Threats

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

Much like the Dunning-Kruger effect, where individuals overestimate their abilities due to a lack of self-awareness, organizations worldwide fall prey to a similar bias in assessing their cyber resilience. A…

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Cybersecurity, Cybersecurity Report

Stephen Moss Joins Cowbell’s Board of Directors to Strengthen Cyber Insurance Strategy

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

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has appointed Stephen Moss to its Board of Directors. Moss, who serves as Group Head of Financial Lines…

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Cyber Insurance People

Invisible Threats: How Businesses Are Grappling with Cybersecurity and Intangible Risks in 2024 – Aon Report

Posted on August 12, 2024August 12, 2024 By Martin Hinton

In an era where data breaches, cyberattacks, and cybersecurity dominate news, the vulnerabilities associated with intangible assets like intellectual property and artificial intelligence are becoming impossible to ignore. Businesses are…

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Cyber Insurance Reports, Cybersecurity Report

Cyber Insurance Sunday – Upload

Posted on August 11, 2024August 11, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: We took a look at the $85…

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Cyber Insurance, Cyber Insurance Sunday - Upload

Coalition Introduces Active Cyber Insurance in Germany

Posted on August 1, 2024August 1, 2024 By Martin Hinton

Coalition has launched its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH. This new insurance offering is available starting today. The Federal Financial Supervisory Authority’s 2024…

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Cyber Insurance, Cyber Insurance EU

Killian Brady Named Resilience Chief Underwriting Officer

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

Resilience announced the appointment of Killian Brady as Chief Underwriting Officer. Brady will oversee the underwriting functions for Resilience’s middle market and large enterprise clients across its Cyber and Tech…

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Cyber Insurance People

Cyber Insurance Sunday – Upload

Posted on July 28, 2024July 28, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: We have some thoughts on the CrowdStrike Outage, SeedPod Cyber and Seceon Partner,…

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Cyber Insurance Sunday - Upload

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Cyber Insurance News

Cyber Insurance News
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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