The Source for Cyber Insurance News, Insights and Data
Global cyberattacks surged by 44% in the past year, driven by the changing nature of nation-state threats and the growing use of generative AI. According to The 2025 State of Cybersecurity from Check Point Software’s annual report, nation-states have shifted their approach from short-term assaults to prolonged campaigns to undermine trust and destabilize critical systems. … Read more
Kaspersky’s 2024 cybersecurity report highlights how artificial intelligence (AI) cybersecurity risks reshape cyber defense. AI has heightened the scale and complexity of cyberattacks, leaving security professionals grappling with mounting threats. The global study underscores the dual role of AI as both a tool for hackers and a cornerstone of innovative defense strategies. Something we have … Read more
Experts are ringing alarm bells about the dangerous intersection of artificial intelligence and cybercrime. Already, AI tools are being weaponized to commit fraud, and the consequences are staggering.
As the cyber insurance market enters 2025, signs of stabilization mark the industry landscape. Following the softening conditions in 2024, the market offers buyers improved options, including higher coverage limits, competitive pricing, and enhanced risk management services. The insights in this article are drawn from the “2025 Cyber Insurance Market Conditions Outlook,” from Gallagher. Despite … Read more
XS Brokers (XSB), a prominent independent insurance brokerage group, has announced a new Cyber Liability division. The division will be led by Scott Burns, Senior Vice President, who joined XSB in 2018 as a Cyber Liability Specialist. Burns brings over 12 years of experience in the insurance industry. During his tenure, he has played a … Read more