Ransomware Loses Its Crown as Phishing and Fraud Explode, WEF Warns

The World Economic Forum’s Global Cybersecurity Outlook 2026 highlights that fraudsters are now a bigger concern than ransomware groups. The report, released today, warns that CEOs are most worried about phishing and cyber-enabled fraud, especially as AI makes these attacks more convincing, costly, and common. Fraud And Phishing Take The Top Spot According to the … Read more

AI Risk: Shadow AI Usage Surges, Raising Cyber Liability Stakes

Shadow AI usage and AI Risk are significant cybersecurity and cyber liability insurance concerns for 2026

Resisting The New-New-Shiny Thing Is Hard! UpGuard’s new “State of Shadow AI” report lands with a jolt. The study shows widespread use of unapproved Artificial Intelligence at work. “8 out of 10 employees” use unauthorized tools, according to the companion press release. Security leaders participate, too. “68% of security leaders… admit to incorporating unauthorized AI,” … Read more

AI Risk: Cyber Insurance Ransomware Past Warns of Faster, Bigger AI Pain

In the latest episode of the Cyber Insurance News & Information Podcast, host Martin Hinton sits down with AI Risk expert Erin Kenneally, founder of Elchemy, to explore one of the most pressing questions in technology and insurance today: What happens when AI fails and who pays for it? The conversation dives deep into AI … Read more

Zurich, CTA, and CyberGreen Push Common Cybersecurity Metrics as Insurance Gap Widens

Zurich Insurance Group, the Cyber Threat Alliance, and the CyberGreen Institute released “Cyber Metrics for Key Decision-Makers.” The report recommends the establishment of standardized national cybersecurity metrics, based on six key measures and a supporting institutional framework. In plain terms: agree on common definitions, measure consistently, and publish national scorecards. In the smallest way, this … Read more

Cyber Insurance in 2025: Costs, Claims, and a New(ish) Playbook

NOT IF BUT WHEN – Cyber risk moves markets and balance sheets. It hits fast and hard. Marks & Spencer forecasts about £300 million in lost operating profit after its April ransomware attack this year. Clorox is suing Cognizant for $380 million over a breach tied to 2023, with the claim filed this year. SK … Read more

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