The Source for Cyber Insurance News, Insights and Data
Ransomware Attacks Hit All-Time Highs Travelers today released its Q4 2024 Cyber Threat Report, revealing an unprecedented surge in ransomware attacks. The report highlights that ransomware operators have shifted tactics from mass-scale exploits to more repeatable attack methods. According to the report, 1,663 victims were posted on leak sites in Q4 2024, marking a 32% … Read more
Imagine getting a report card with words like “insufficient,” “misaligned priorities,” and “fragmented defenses.” That’s the current state of industrial control system (ICS) and operational technology (OT) cybersecurity, according to a new report from OPSWAT and SANS Institute. Despite rising cyberattacks targeting critical infrastructure, cybersecurity budgets remain inadequate. The obvious result of insufficient ICS/OT cybersecurity … Read more
In the latest episode of the Cyber Insurance News and Information Podcast, host Martin Hinton dives deep into the complexities of cybersecurity insurance with industry experts Craig Sekowski (TheTechCollective.net) and Ralph Pasquariello (Care-Report.com). Together, they unpack the biggest challenges small businesses face in understanding cyber insurance, the critical role of cyber resilience, and the growing … Read more
The U.S. Government Accountability Office (GAO) has released a report urging the Coast Guard to enhance its oversight of the Maritime Transportation System (MTS) to address shortcomings in maritime cybersecurity. The report, titled “Coast Guard: Additional Efforts Needed to Address Cybersecurity Risks to the Maritime Transportation System,” identifies critical vulnerabilities, gaps in oversight, and deficiencies … Read more
Cyber Insurance at the Forefront of Risk Management Cyber insurance remains one of the fastest-growing sectors in the insurance industry. As cyber threats escalate globally, businesses are expanding coverage to safeguard against emerging risks. The Policyholder Review 2024/25, from UK law firm Stewarts, is their first annual review of the insurance disputes landscape. The report … Read more