The Leading Source for Cybersecurity Insurance News, Insights and Data
A recent CyberArk study found that 30% of employees share workplace passwords, creating an MFA security gap. The study surveyed 14,003 employees across six countries and revealed that 49% reuse…
Read More “MFA Security Gap: Why It Puts Cyber Insurance Coverage and Business Security at Risk” »
A new report from SecurityScorecard reveals some interesting details about third-party cyber risks in insurance. Among them, 59% of insurance industry breaches stem from third-party attack vectors. These findings underscore…
Read More “Third-Party Cyber Risks Endanger Insurance Industry: 59% of Breaches Linked to Vendors” »
The RPC Annual Insurance Review 2025 highlights the growing risks in cyber insurance as attacks intensify and insurers adapt to evolving threats. Key issues include rising ransomware incidents, the impact…
Read More “Cyber Insurance Risks Surge in 2025: Ransomware, AI Fraud, and Regulatory Pressures” »
I read it and thought this isn’t new, “97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024.” I went to check on SecurityScorecard’s website. I was wrong;…
Read More “97% of Top U.S. Banks Hit by Third-Party Data Breaches in 2024 – SecurityScorecard” »
A new report from data management firm NetApp reveals that one in five companies—20 percent—fail to regain data lost as a result of a cyberattack, a scenario as devastating as…
When GEICO and Travelers were hacked, stealing personal information from over 120,000 New Yorkers. They exploited vulnerabilities in online auto insurance quoting tools to obtain driver’s license numbers and dates…
Read More “Hackers Exploit GEICO and Travelers, Leading to $11.3 Million in Fines” »
When we saw 97% on a grade school test, it meant we did well. For America’s top retailers, that number signals trouble. A new report by cybersecurity firm SecurityScorecard reveals…
Read More “97% Used to Be a Good Grade—But Not for Retailers Facing Data Breaches” »
Cyber insurance claims and risks are surging as premiums dip, putting the industry in a precarious position. Despite strides in cybersecurity protocols, insurers are struggling to keep up with an…
Read More “Rising Cyber Claims Pressure Insurers to Adapt as Threats Evolve” »
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Reports on critical infrastructure risk by the GAO and Chaucer; Blumira and Trava…
Data breaches, often triggered by human error, not only compromise security but also bring significant emotional distress and financial impacts to the employees involved. The stress and guilt stemming from…