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Cyber Insurance Claims Surge: BEC and Fraud Top Coalition’s Report on 2024 Insurance Claims

Posted on May 8, 2025May 8, 2025 By Martin Hinton No Comments on Cyber Insurance Claims Surge: BEC and Fraud Top Coalition’s Report on 2024 Insurance Claims

Coalition’s newly released 2025 Cyber Claims Report outlines key cyber trends that shaped the digital threat landscape and influenced insurance outcomes for its policyholders across 2024. The report reveals that…

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Cyber Insurance Reports

Data Breach Costs Surge: Kyndryl, Microsoft Unveil Risk Management Services

Posted on April 25, 2025April 25, 2025 By Martin Hinton No Comments on Data Breach Costs Surge: Kyndryl, Microsoft Unveil Risk Management Services

Data Breach Costs Soar, Heightening Need for New Solutions Kyndryl has announced new data security services in collaboration with Microsoft. The launch comes as data breaches continue to hammer industries…

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Cybersecurity

Ransomware Payments Fail Half the Time – CyberEdge Group’s Startling Report

Posted on April 17, 2025April 17, 2025 By Martin Hinton No Comments on Ransomware Payments Fail Half the Time – CyberEdge Group’s Startling Report

The CyberEdge Wake-Up Call If you can’t trust a cybercriminal, who can you trust? The 2025 Cyberthreat Defense Report (CDR) by CyberEdge Group exposes a harsh truth. Victims who make…

Read More “Ransomware Payments Fail Half the Time – CyberEdge Group’s Startling Report” »

Cyber Insurance, Cybersecurity, Cybersecurity Report, Ransomware Insurance

Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies

Posted on April 12, 2025April 12, 2025 By Martin Hinton No Comments on Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies

Ransomware Attacks Surge Again in 2024 Ransomware attacks rose nearly 20% in 2024, according to At-Bay’s newly released 2025 InsurSec Report. The severity of these cybercrime attacks also jumped 13%….

Read More “Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies” »

Cybersecurity, Cybersecurity Report, Ransomware Insurance

Cyber Risk for Small Business: 2025 Alarming Trends and Urgent Cyber Protection Gaps

Posted on April 2, 2025April 2, 2025 By Martin Hinton

Worldwide Cyber Threats Surge Against Small Businesses It is a refrain repeated again and again. The cyber risk small businesses face as cybercriminals increasingly target them needs more attention. Small…

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Cyber Insurance for SMEs/SMBs, Cybersecurity for SMBs, Small Business

Agents Recognize Cyber Risks—Clients Remain Skeptical About Personal Cyber Insurance

Posted on March 27, 2025March 27, 2025 By Martin Hinton

Why Consumers Underestimate Personal Cyber Insurance and How to Bridge the Gap Insurance agents recognize the pressing threat of cybercrime, but their clients are slow to act. According to the…

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Cyber Insurance, Personal Cyber Insurance, Personal CyberSecurity

Cyber Insurance Market Maturing With “Leveling” Rate Changes – RPS Report

Posted on March 12, 2025March 12, 2025 By Martin Hinton

The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services…

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AI & Cyber Insurance, Cyber Insurance, Cyber Insurance Reports

Ransomware Surge in Q4 2024: Attacks Hit Record Highs as Hackers Shift Tactics

Posted on March 6, 2025March 6, 2025 By Martin Hinton

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…

Read More “Ransomware Surge in Q4 2024: Attacks Hit Record Highs as Hackers Shift Tactics” »

Cyber Insurance, Cybersecurity, Cybersecurity Report, Ransomware Insurance

96% of Ransomware Attacks Now Involve Data Theft, Arctic Wolf Report

Posted on February 27, 2025February 27, 2025 By Martin Hinton

Almost all, a staggering, 96% of ransomware incidents now involve data breaches with data theft. This marks a significant shift in cybercriminals’ strategies. This is according to Arctic Wolf’s 2025…

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Cyber Insurance, Cybersecurity, Cybersecurity Report, Ransomware Insurance

Global Cyber Threats Surge: 5 Billion Attacks Detected in 2024 – Mimecast Report

Posted on February 18, 2025February 18, 2025 By Martin Hinton

Cybercriminals Exploit Trusted Services for Attacks Cybercriminals increasingly exploit legitimate online services to mask their attacks, according to Mimecast’s Global Threat Intelligence Report (H2 2024). The report highlights a rise…

Read More “Global Cyber Threats Surge: 5 Billion Attacks Detected in 2024 – Mimecast Report” »

Cyber Insurance, Cybersecurity, Cybersecurity Report

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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