The Source for Cyber Insurance News, Insights and Data
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
The Marks & Spencer hack — which might cost the retailer $400 million in profits, erased even more in market cap and could lead to cyber insurance claims of at least $133 million — is just one of three recent hacks of large British retailers. “At some point the increase in frequency and severity — … Read more
GenAI Surges Ahead, But Security Gaps Widen Thales’ 2025 Data Threat Report reveals that enterprises are embracing generative AI (GenAI) faster than ever. One-third of surveyed organizations report being in the “integration” or “transformation” phase. Yet, only a small portion have adjusted cybersecurity measures to match this rapid AI adoption. Nearly 70% cite the GenAI … Read more
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 business email compromise (BEC) and funds transfer fraud (FTF) dominated claims, accounting for 60% of all incidents. Coalition notes its proactive “Active Insurance” model played … Read more