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The Leading Source for Cybersecurity Insurance News, Insights and Data

2025 Cybersecurity Trends: AI, Ransomware, and Cyberattack Surge

Posted on January 20, 2025January 20, 2025 By Martin Hinton

Global cyberattacks surged by 44% in the past year, driven by the changing nature of nation-state threats and the growing use of generative AI. According to The 2025 State of…

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Cyber Insurance, Cybersecurity, Cybersecurity Report

183 Million Records Exposed: Key Insights from the 2025 Healthcare Cybersecurity Report

Posted on January 17, 2025January 17, 2025 By Martin Hinton

The 2025 Horizon Report by Fortified Health Security highlights the escalating challenges healthcare organizations face in the cybersecurity arena. With 183 million patient records compromised in 2024, up 9% from…

Read More “183 Million Records Exposed: Key Insights from the 2025 Healthcare Cybersecurity Report” »

Cyber Insurance for Healthcare, Cybersecurity Report

2025 Cyber Insurance Outlook: Evolving Risks and Stabilizing Market Trends

Posted on January 17, 2025January 17, 2025 By Martin Hinton
2025 Cyber Insurance Outlook: Evolving Risks and Stabilizing Market Trends

As the cyber insurance market enters 2025, signs of stabilization mark the industry landscape. Following the softening conditions in 2024, the market offers buyers improved options, including higher coverage limits,…

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Cyber Insurance Reports

73% of Irish Workers Feel Blamed for Cybersecurity Breaches, Study Reveals

Posted on January 17, 2025January 17, 2025 By Martin Hinton
73% of Irish Workers Feel Blamed for Cybersecurity Breaches, Study Reveals

A recent study by IT.ie, in partnership with SonicWall, reveals that 73% of Irish office workers feel blamed for cybersecurity incidents. The findings indicate that 29% of employees reported someone…

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Cybersecurity Training, EU Cybersecurity

XS Brokers Appoints Scott Burns to Lead New Cyber Insurance Division

Posted on January 16, 2025January 16, 2025 By Martin Hinton

XS Brokers (XSB), a prominent independent insurance brokerage group, has announced a new Cyber Liability division. The division will be led by Scott Burns, Senior Vice President, who joined XSB…

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Cyber Insurance People

BOXX Insurance Bolsters US Expansion with Leadership Hires to Drive Growth

Posted on January 16, 2025January 16, 2025 By Martin Hinton

BOXX Insurance, a global leader in cyber insurance, has announced three significant appointments to support its ambitious growth in the US. The company is focusing on product innovation and expanding…

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Cyber Insurance

Survey Exposes Public Concerns Over UK Cybercrime and Fraud

Posted on January 15, 2025January 15, 2025 By Martin Hinton

A recent government-commissioned survey reveals significant public concerns about UK cybercrime and fraud (England, Scotland, and Wales). Conducted by Ipsos UK for the Home Office, the research offers insights into…

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Cyber Insurance UK, Cybersecurity

69% of U.S. Businesses Face Rising Cyber Attacks, Hiscox Report Warns

Posted on January 14, 2025January 14, 2025 By Martin Hinton

Cyber threats continue to escalate, with 69% of U.S. businesses reporting a rise in cyber attacks over the past year, according to the 2024 Hiscox Cyber Readiness Report. It is…

Read More “69% of U.S. Businesses Face Rising Cyber Attacks, Hiscox Report Warns” »

Cybersecurity, Cybersecurity Report

CyberCube’s 2025 Predictions: How AI, Quantum Computing, and Innovation Will Reshape Cyber Insurance

Posted on January 14, 2025January 14, 2025 By Martin Hinton

CyberCube has unveiled its 2025 Predictions Report, highlighting key trends shaping the cyber (re)insurance market. With insights from industry leaders, the report emphasizes emerging challenges and opportunities in cyber risk…

Read More “CyberCube’s 2025 Predictions: How AI, Quantum Computing, and Innovation Will Reshape Cyber Insurance” »

Cyber Insurance Reports

Lloyd’s Market Association Releases Framework for Systemic Cyber Risk Mitigation

Posted on January 13, 2025January 13, 2025 By Martin Hinton

The Lloyd’s Market Association (LMA) has unveiled a critical framework for assessing systemic cyber risks, offering insurers and policymakers a robust tool to tackle the evolving digital threats confronting industries…

Read More “Lloyd’s Market Association Releases Framework for Systemic Cyber Risk Mitigation” »

Cyber Insurance

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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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