The Source for Cyber Insurance News, Insights and Data
Market Growth and Projections The cyber security consulting services market is expected to grow at a compound annual growth rate (CAGR) of 12.57% from 2025 to 2030. According to Knowledge Sourcing Intelligence, market value is projected to increase from $6.543 billion in 2025 to $11.829 billion by 2030. Talent Retention Challenges in Cybersecurity This cybersecurity … Read more
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