The Source for Cyber Insurance News, Insights and Data
Email: The Modern Business Lifeline Under Siege From handwritten letters to telegrams and fax machines, business communication has always relied on trust and speed. Email revolutionized that; it is instant, global, and indispensable. But with that dependence comes danger: more than a third of all spam emails are designed to harm, according to VIPRE Security … Read more
The big fish get the headlines, such as MGM, Marks & Spencer, and Jaguar. But cybercriminals aren’t skipping the small fry and tools like Artificial Intelligence (AI) are just making their lives easier. Reviewing press releases, we noticed one from Zensurance that ties some eye-opening numbers to the risks that small businesses face online, raising … Read more
If you hear “AI Education,” what do you think? Cheating and diminished learning, but a new report raises another issue: cybersecurity. We’ve reported on this issue and the critical role schools play. Keeper Security’s “AI in Schools: Balancing Adoption With Risk” follows that with a clear warning. AI sits in classrooms. Defenses lag. The report … Read more
Modern Bank Robberies Have Gone Digital – Retire the getaway car. Save the ski mask for skiing. The days of the bank heist are dwindling. Well, not really. U.S. bank robberies peaked in 1991 at 9,388. By 2023, the number dropped to 1,362, an 83% decline in 20 years. Today, the average stolen haul is … Read more
Cyber insurance for small and medium-sized enterprises faces clarity and cost hurdles – Despite SME leaders recognising cyber risk, nearly half of uninsured firms self-insure. That choice invites financial ruin after major attacks. Surveying 104 SMEs about cyber insurance, the UK Government’s Department for Science, Innovation and Technology commissioned this study to map the gap. … Read more