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
A new report from IANS Research and Artico Search highlights growing dissatisfaction with compensation among cybersecurity professionals, with more than 60% considering a job change in the next year. A little research on the job market found a few recent surveys, and this rate is nearly double the national average of U.S. workers contemplating a … Read more
AXA XL has announced a new partnership with cybersecurity firm Darkweb IQ to strengthen cyber protection for its global cyber insurance clients. This collaboration provides AXA XL clients access to Darkweb IQ’s services at preferential rates. Strengthening Cybersecurity Measures Tim Smit, AXA XL’s Global Head of Cyber Risk Strategies and Partnership Programs, emphasized the importance … 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
Cybercrime Surges in 2024 Amid AI-Driven Attacks Cyberattacks targeting sensitive data surged in 2024, driven by AI-powered threats, ransomware evolution, and geopolitical conflicts. Deep Instinct’s 2025 Threat Report: The Changing Face of Global Threats highlights a 30% increase in global cyberattacks compared to 2023. Moving into the future – the report predicts a continued rise … Read more