The Source for Cyber Insurance News, Insights and Data
Cyberinsurance Claims Drop While Ransomware Grows Costlier – Resilience’s 2025 Midyear Cyber Risk Report paints a stark picture. Cyberinsurance claims fell 53% in the first half of 2025 compared to 2024. But the cost of ransomware claims rose 17%. “Fewer incidents escalate to incurred losses, but when they do hit, they’re hitting harder,” said Jeremy … Read more
Password Cracking Doubles in One Year – You could say it’s as easy as 1,2,3… Passwords remain the weakest link in enterprise defense. Picus Security’s new Blue Report 2025 shows cracked password hashes in 46% of environments. That’s nearly double last year’s 25%. The surge reflects poor password policies and reliance on outdated hashing methods. … Read more
Fools Rush In – “Bypassing Security” – “Organizations are bypassing security and governance for AI in favor of do-it-now AI adoption.” That line in the press release announcing IBM’s latest Cost of a Data Breach Report 2025 rings with urgency. It evokes the old line, “Fools rush in,” penned by English poet Alexander Pope in … Read more
The Dangerous, Human Consequences of Healthcare Cyberattacks. The threat of weak healthcare cybersecurity is very real. A new report from Omega Systems peels back the curtain on a silent crisis unfolding across U.S. healthcare: cybercrime isn’t just a tech issue—it’s a threat to human life. The 2025 Healthcare IT Landscape Report reveals that 19% of … Read more
Widespread Vendor Risk Among Fintech Leaders SecurityScorecard’s 2025 report reveals a concerning trend: 41.8% of breaches in top fintech firms stem from third-party vendors. An additional 11.9% involve fourth-party suppliers. These findings highlight growing systemic risks in the financial supply chain. The study analyzed 250 leading fintech companies. Despite strong internal controls, vendor exposure continues … Read more