Cyber Risk

At-Bay Launches New Cyber Insurance Coverage for Ransomware and Financial Fraud

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Ransomware and financial fraud attacks are increasingly targeting businesses with higher frequency and greater cost. Mid-market companies now face average ransomware losses of nearly $470,000 and financial fraud claims of about $270,000. Many standard policies fall short of covering these risks. At-Bay has launched new InsurSec solutions designed to close that gap. The industry-first packages … Read more

Cyber Risk Escalates as 48% of Breaches Go Unreported, New 2025 Report Warns

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Three executives in a modern office sit at a conference table striking the ‘see no evil, hear no evil, speak no evil’ poses while large digital screens behind them display urgent warnings of a cyberattack. The scene illustrates leadership denial during an AI-driven attack, data breach, or DDoS incident, symbolizing corporate inaction toward rising cyber risk.

Cyberattacks Hidden from Leadership – Cyber risk! What cyber risk? Almost half of cybersecurity leaders did not report material breaches to their boards in the past year. The 2025 Cyber Threat Landscape Report by VikingCloud shows that 48% of leaders kept incidents from executives. Alarmingly, 22% admitted to hiding five or more breaches. Leaders cite … Read more

DUAL Group partners with KYND to boost cyber insurance offerings

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Partnership Enhances Global Cyber Capabilities DUAL Group has partnered with KYND to expand and strengthen its cyber insurance portfolio. The collaboration delivers advanced cyber risk intelligence to support underwriting, broker services, and client protection. Cyber risk continues to grow as businesses rely more heavily on digital operations. Insurers must identify exposures quickly while providing tools … Read more

Cyber Insurance Market Faces Slowdown as SMEs Hold the Key to Future Growth

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Growth Slows Despite Rising Cyber Threats Slowing growth comes to the cyber insurance market, according to Swiss Re’s latest report. That sluggishness comes despite rising global cyber risks. Premium growth has declined from double-digit expansion in 2017–2022 to single-digit growth today. Global premiums are expected to reach USD 15.6 billion in 2025. The compound annual … Read more

CyberCube Launches Exposure Manager to Enhance Cyber Risk Assessment

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New Platform for Cyber Insurance Market – CyberCube has launched Exposure Manager (XM), a platform designed to evaluate cyber risk across entire insurance portfolios. The tool offers quantified exposure data and is already adopted by leading global (re)insurers. Addressing Cyber Risk Gaps Insurers and reinsurers previously relied on static summaries and fragmented views. XM replaces … Read more

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