Diversification and Mitigation Slash Cyber Insurance Losses by 60%

Planting More Than One Crop Against Cyber Storms A farmer who plants only corn risks losing the harvest if blight strikes. A diverse field, with wheat and beans mixed in, weathers trouble better. CyberCube’s new report says insurers face the same choice. Diversifying cyber insurance portfolios and strengthening cybersecurity controls protects against catastrophic losses. A … Read more

Cyber Claims 2025: Allianz Report Shows 50% Drop in Claim Severity but Rising Risks

Compared to the same period last year, cyber claim severity dropped by more than 50% in early 2025, according to Allianz Commercial’s new Cyber Security Resilience 2025 report. The findings highlight stronger defenses among insured firms, but also reveal expanding risks from data theft, supply chain disruption, and privacy litigation. Claims Decline in Severity, but … Read more

Manufacturing Cyber Resilience Shock: JLR Cyberattack Halts Production as LevelBlue Warns of Rising AI Threats

Manufacturing Leaders Brace for Complex Attacks Following an August cyberattack, Jaguar Land Rover has kept factories shut. The pause now lasts for weeks and is expected to extend into October, disrupting production and supply chains across the UK and Europe. Government officials are considering emergency measures to mitigate the impact and address supply chain cyber … Read more

Cyber Insurance for Small Businesses: Hartford’s ICON Expansion Delivers Faster, Broader Protection

Rising Threats to Small Firms Ransomware, data theft, and business email compromise (BEC) keep hitting small firms. Many small operations lack dedicated cybersecurity. A single outage can halt revenue and drain cash. In times like that, small business cyber coverage can fuel the recovery. Hartford Rolls Out Integrated Coverage The Hartford expanded cyber insurance for … Read more

Cyber Insurance Claims 2025: Ransomware Costs and Downtime Surge in NetDiligence Report

Shattered digital padlock with financial chart background and bold text “Cyber Insurance Claims 2025,” symbolizing cyber breaches and insurance costs.

Cyber insurance claims are rising fast, with ransomware and business email compromise (BEC) driving record losses. NetDiligence’s 2025 Cyber Claims Study, based on 10,402 claims between 2020 and 2024, highlights how costs and downtime are hitting businesses harder than ever. The report paints a stark picture: small and medium enterprises (SMEs) face surging recovery and … Read more

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