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The Leading Source for Cybersecurity Insurance News, Insights and Data

The CrowdStrike Outage: A Wake-Up Call for Cybersecurity and Insurance

Posted on July 26, 2024July 26, 2024 By Martin Hinton

Security Fix Backfires, Creating More Problems The CrowdStrike outage that began on July 19, 2024, serves as a critical reminder of the vulnerabilities in our digital infrastructure and the profound…

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Cyber Insurance, Opinion/Commentary

Cowbell Secures $60 Million Series C Funding from Zurich Insurance Group

Posted on July 26, 2024July 26, 2024 By Martin Hinton

Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has raised $60 million in Series C funding from Zurich Insurance Group. The funding will help Cowbell scale operations,…

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Cyber Insurance, Cyber Insurance Investments and M&A

SentinelOne Expands Cybersecurity Solutions for Insurance Providers

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

SentinelOne announced the SentinelOne Risk Assurance Initiative, a new cybersecurity program designed to help insurers improve their clients’ network security using the SentinelOne Singularity™ Platform. This program allows insurers to…

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Cybersecurity

Parametrix Estimates $5.4 Billion Loss for US Fortune 500 Companies Due to CrowdStrike Outage

Posted on July 24, 2024July 24, 2024 By Martin Hinton

The recent CrowdStrike outage on July 19 had a ripple effect across a wide range of industries, from airlines to the national organ transplant matching system. In our interconnected world,…

Read More “Parametrix Estimates $5.4 Billion Loss for US Fortune 500 Companies Due to CrowdStrike Outage” »

Cyber Insurance, Cyber Insurance Reports

CrowdStrike Outage News Roundup

Posted on July 23, 2024July 23, 2024 By Martin Hinton

This morning, when we went to see the latest CrowdStrike Outage news, we knew there’d be a lot to read. Over 30 pages of articles in the Google News search…

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Cyber Insurance, Cybersecurity

Blumira Launches New Reseller Program, Appoints Marc Davis as Channel Development Leader

Posted on July 22, 2024July 22, 2024 By Martin Hinton

Amid increasing cybersecurity threats and the need for small and mid-sized businesses (SMBs) to meet cyber insurance compliance, Blumira has launched its Reseller Program to deliver modern security solutions to…

Read More “Blumira Launches New Reseller Program, Appoints Marc Davis as Channel Development Leader” »

Cybersecurity, Cybersecurity people

Cyber Insurance Sunday – Upload

Posted on July 21, 2024July 21, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: CrowdStrike – we gathered a collection of insurance-focused stories for you to consider;…

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Cyber Insurance, Cyber Insurance Sunday - Upload

Cyber Insurance Sunday – Upload

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

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: AdvantageGo and FortifyData tally up scores; Embroker and Millennial Shift get excessive; Netwrix…

Read More “Cyber Insurance Sunday – Upload” »

Cyber Insurance, Cyber Insurance Sunday - Upload

Embroker and Millennial Shift Launch Automated Excess Tech E&O

Posted on July 10, 2024July 10, 2024 By Martin Hinton

Embroker has announced a strategic partnership with Millennial Shift Technologies (MShift), a policy distribution platform for insurance brokers. This partnership introduces an automated Excess Technology Errors and Omissions (Tech E&O)…

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Cyber Insurance, Cyber Insurance Tech

Resilience Bolsters Defense, Doubles Cyber Insurance Limits to $20 Million Amid Rising Threats

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

Resilience has announced a significant enhancement to its cyber insurance offerings, doubling its coverage limits for US clients to $20 million per client in response to escalating cybercrime threats. This…

Read More “Resilience Bolsters Defense, Doubles Cyber Insurance Limits to $20 Million Amid Rising Threats” »

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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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