The Source for Cyber Insurance News, Insights and Data
BOXX Insurance leadership reshuffle. Jonathan Weekes has been named President of BOXX Canada. Phil Baker shifts to a fully global role as Chief Underwriting Officer. Finally, Neal Jardine becomes the company’s Global Cyber Intelligence and Claims Officer. These changes signal the company’s effort to boost its presence in Canada and expand its international cyber insurance … Read more
Report Highlights How Businesses Can Reduce Cyber Risk as Threats Persist Coalition, an active insurance provider, has released its Cyber Threat Index 2025, shedding light on the dominant cybersecurity threats from 2024 and what to expect in the coming year. The report reveals that most ransomware incidents in 2024 began with compromised virtual private networks … Read more
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