The Source for Cyber Insurance News, Insights and Data
Imagine a fleet operator arriving Monday morning to find dispatch screens frozen, drivers locked out of their vehicle apps, backend systems encrypted, and attackers demanding payment to restore access. HSB has launched a cyber insurance product for internet-connected work vehicles, called HSB Commercial Cyber for Auto. This coverage is designed for hacked commercial vehicles and … Read more
The Headache In Carolina Beach A coastal town in North Carolina found out just how costly cyberattacks can be, and it put government cybersecurity in the spotlight. Carolina Beach reported that thieves stole $487,994.80 from town funds in two separate incidents. According to Port City Daily, the losses affected both the enterprise and general funds. … Read more
This question feels critical after reading BlackFog’s 2025 annual ransomware report. The findings show attacks are happening faster, reaching more places, and affecting more victims quietly. There’s also a clear move toward data theft and extortion. If you run a business, ask yourself two things: Do I need ransomware insurance? If I have it, is … Read more
A new market update from broker Lockton lands with a split-screen message for buyers and underwriters. The cyber insurance market kept softening, even as the threat environment hardened. Insurers chased growth and fought for renewals. Brokers regained leverage on terms. Claims teams, meanwhile, faced heavier files and longer cleanups. Key Cyber Insurance Market Takeaways Incidents … Read more
Willis reports that the cyber insurance market remained favorable for buyers in 2025. Both the number and severity of losses increased, but prices continued to fall. Competition since 2022 led to yearly premium reductions, and this trend continued through 2025, even as risks grew. But Willis notes a possible change ahead, with early 2026 showing … Read more