Ransomware Costs Surge 17% in 2025 Despite Fewer Cyberinsurance Claims

Cyberinsurance Claims Drop While Ransomware Grows Costlier – Resilience’s 2025 Midyear Cyber Risk Report paints a stark picture. Cyberinsurance claims fell 53% in the first half of 2025 compared to 2024. But the cost of ransomware claims rose 17%. “Fewer incidents escalate to incurred losses, but when they do hit, they’re hitting harder,” said Jeremy … Read more

Cyber Insurance Market Trends Amid Evolving Threat Landscape – Amwins Report

There is no shortage of reports on the cyber insurance market, but their value is undeniable, given the dynamic, persistent, and growing nature of cyber threats. With cyber risks constantly evolving, staying up to speed on cyber insurance market trends has never been more crucial. The latest State of the Market report from Amwins, a … Read more

KYND Launches US Cyber Risk Analysis for Insurers

KYND Limited, a British cyber risk solutions provider, has officially launched in the United States. This expansion aims to address the growing need for actionable cyber risk analysis within the U.S. insurance industry. “KYND’s technology is built with one purpose in mind: to demystify cyber risk management,” said Andy Thomas, CEO and Co-Founder of KYND. … Read more

The Rising Cost of Data Breaches: A 2024 IBM Report

The word breach originates from the same roots as the word “break,” which signifies a rupture or violation. In the context of cybersecurity, a data breach represents a break in the security measures intended to protect sensitive information. That leads to unauthorized access and exposure. The etymology underscores the gravity of such incidents, highlighting the … Read more

Cowbell Secures $60 Million Series C Funding from Zurich Insurance Group

Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has raised $60 million in Series C funding from Zurich Insurance Group. The funding will help Cowbell scale operations, expand internationally, enhance cyber resilience services, and introduce new products. The investment will allow Cowbell to leverage AI and GenerativeAI (GenAI) to optimize its technological … Read more

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