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Global Ransomware Surge Ransomware activity soared in Q4 2024, setting a record with 1,663 victims posted on leak sites, according to the Corvus/Travelers Q4 2024 Cyber Threat Report. That is…
Read More “Ransomware in Q4 2024 Spike Amid Shift to Scalable Attacks – Report” »
According to S&P’s Cyber Risk Insights: Cyber Catastrophe Bonds Offer Greater Scope for Risk Mitigation, the cyber ILS market is poised for significant expansion. With rising demand for cyber insurance,…
Read More “Cyber Catastrophe Bonds Poised for Growth Amid Rising Demand, Says S&P” »
Marsh has introduced Cyber Echo Encore. This is an enhancement to its Cyber Echo insurance facility. The expansion provides up to $45 million in additional cyber insurance capacity. The cyber…
Read More “Marsh Expands Cyber Insurance with Cyber Echo Encore, Adding $45 Million Coverage” »
The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services…
Read More “Cyber Insurance Market Maturing With “Leveling” Rate Changes – RPS Report” »
Ransomware Attacks Hit All-Time Highs Travelers today released its Q4 2024 Cyber Threat Report, revealing an unprecedented surge in ransomware attacks. The report highlights that ransomware operators have shifted tactics…
Read More “Ransomware Surge in Q4 2024: Attacks Hit Record Highs as Hackers Shift Tactics” »
Cybercrime Surges in 2024 Amid AI-Driven Attacks Cyberattacks targeting sensitive data surged in 2024, driven by AI-powered threats, ransomware evolution, and geopolitical conflicts. Deep Instinct’s 2025 Threat Report: The Changing…
MAPFRE RE has signed a three-year agreement with CyberCube to enhance its cybersecurity risk management capabilities. The partnership allows the global reinsurer to license CyberCube’s cyber risk analytics tools. MAPFRE…
Read More “MAPFRE RE Partners with CyberCube to Enhance Cyber Risk Management” »
AI Cybersecurity Report Highlights Growing Concerns and Solutions This year started as last year ended, with warnings about AI cybersecurity threats. Now, a new report offers a “boots on the…
Read More “AI-Powered Cyber Threats Surge: 78% of CISOs Report Major Impact in 2025” »
It is billed as “the most anticipated cybersecurity report of the year.” It is the CrowdStrike 2025 Global Threat Report. The report reveals an alarming rise in cyber threats, with…
Read More “CrowdStrike Cybersecurity Report – Six Key Takeaways for 2025” »
Third-Party Risk Accounted for Nearly a Quarter of Material Claims According to new data from cyber risk firm Resilience, third-party risk became a leading cause of cyber insurance claims in…
Read More “Third-Party Cyber Risk Drove Major Financial Losses in 2024, Resilience Finds” »