OT Cyberattacks Cost About $1 Million. Fewer Than One In Four Listed An Insurance Claim.

Cyber Insurance News story on OT cyberattacks showing a stopped factory production line at night under a red warning beacon

Most organizations running cyber-physical systems experienced a cyberattack on operations in the past year, Claroty’s survey found. Nearly all of them lost money. Fewer than one in four listed an insurance claim among the results. Operational technology (OT) cyberattacks cost organizations about $1 million on average. Fewer than one in four led to an insurance … Read more

Eighty-Eight Percent Have A Plan. Twenty-One Percent Have An Inventory.

Cyber Insurance News story on OT cybersecurity showing an industrial plant at night with one tower unlit and invisible illustrative of industrial cyber risk.

Eighty-eight percent of industrial security leaders describe their OT security program as planned or design-led. Twenty-one percent report a complete asset inventory. A program cannot protect equipment nobody has counted. Honeywell Technologies has now put a number on what that gap costs in hours. Its inaugural OT Cybersecurity Benchmark Report surveyed 603 respondents across critical … Read more

Most CISOs Admit They Are Not Ready For The Next Big Cyberattack

A new global survey of 600 senior cybersecurity leaders reveals a troubling gap. Nearly every organization has a formal incident response plan. But almost three-quarters of the people responsible for those plans say they would not work under real pressure. That disconnect sits at the heart of the 2026 CISO Survey: The State of Incident … Read more

Nozomi Report: Ransomware Concentrates In English-Speaking Markets With 70% Share

Ransomware is hitting English-speaking countries hard. Nozomi Networks Labs reports that 70% of global ransomware activity targets these regions. In late 2025, the U.S. faced 40% of attacks, while Canada and the UK made up another 30%. Attackers are now using generative AI to create convincing lures, act faster, and succeed more often. In September, … Read more

Axio And Dragos Link OT Risk Data To Cyber Liability Insurance Underwriting

Axio and Dragos have teamed up to improve security and insurance for operational technology. Their goal is to put a dollar value on operational technology (OT) cyber risk and help insurers underwrite cyber-physical losses more accurately. “It’s an honor to partner with the world’s leading industrial security company, especially at this moment in time. We’re … Read more

×