The Source for Cyber Insurance News, Insights and Data
Major UK retailers, including Marks & Spencer and Harrods, have suffered severe cyber attacks in recent weeks. The cliché gloom of “rainy old London town” has rarely felt more literal—or more symbolic—or maybe it’s more digital—than in the wake of recent cyberattacks on UK retailers. As shoppers braved the drizzle outside Harrods and M&S, attackers … Read more
In the acronym-laden world of cybersecurity, distinguishing KEVs (Known Exploited Vulnerabilities) from CVEs (Common Vulnerabilities and Exposures) isn’t just alphabet soup—it’s critical to your security posture. “Know your KEVs, solve your CVEs” could be the rallying cry, but a new report suggests that not all “critical” vulnerabilities are genuinely urgent. The study by OX Security, … Read more
Widespread Vendor Risk Among Fintech Leaders SecurityScorecard’s 2025 report reveals a concerning trend: 41.8% of breaches in top fintech firms stem from third-party vendors. An additional 11.9% involve fourth-party suppliers. These findings highlight growing systemic risks in the financial supply chain. The study analyzed 250 leading fintech companies. Despite strong internal controls, vendor exposure continues … Read more
Cyber Insurance Rates Drop Amid Stable Market Conditions The US cyber insurance market saw a 5% average rate decrease in Q4 2024, continuing a trend of pricing stability. Marsh reported that favorable conditions are expected to persist into 2025. Companies improved their cybersecurity controls, which underwriters viewed positively. Organizations also adjusted their insurance programs. Many … Read more
GenAI Surges Ahead, But Security Gaps Widen Thales’ 2025 Data Threat Report reveals that enterprises are embracing generative AI (GenAI) faster than ever. One-third of surveyed organizations report being in the “integration” or “transformation” phase. Yet, only a small portion have adjusted cybersecurity measures to match this rapid AI adoption. Nearly 70% cite the GenAI … Read more