The Source for Cyber Insurance News, Insights and Data
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
MAPFRE RE has signed a three-year agreement with CyberCube to enhance its cybersecurity risk management capabilities. The partnership allows the global reinsurer to license CyberCube’s cyber risk analytics tools. MAPFRE RE Licenses CyberCube’s Risk Assessment Solutions MAPFRE RE will use CyberCube’s cyber accumulation solution to improve risk assessment. This move aligns with the broader and … Read more
New Solution Reduces Credential Theft Risks and Enhances Compliance Omega Systems has introduced an Enterprise Password Management solution to help businesses reduce password-related cyberattacks. The solution is part of Omega’s growing cybersecurity portfolio, which aims to strengthen protection against evolving threats and improve risk management. Password Security to Counter Growing Cybersecurity Risks Credential theft remains … Read more
Investment Strengthens Global Cyber Insurance Reach Coalition, a cyber insurance provider, announced a $30 million equity investment from Mitsui Sumitomo Insurance Co., Ltd. (MSI), a part of MS&AD Insurance Group. This investment expands their strategic partnership. It aims to increase the global availability of Coalition’s Active Insurance model for companies seeking to reduce digital risk. … Read more
It is billed as “the most anticipated cybersecurity report of the year.” It is the CrowdStrike 2025 Global Threat Report. The report reveals an alarming rise in cyber threats, with adversaries refining their strategies at an unprecedented pace. It highlights major trends shaping the global cybersecurity landscape, from China’s intensified cyber activities to generative AI-driven … Read more