The Source for Cyber Insurance News, Insights and Data
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 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
Cyberinsurance Claims Drop While Ransomware Grows Costlier – Resilience’s 2025 Midyear Cyber Risk Report paints a stark picture. Cyberinsurance claims fell 53% in the first half of 2025 compared to 2024. But the cost of ransomware claims rose 17%. “Fewer incidents escalate to incurred losses, but when they do hit, they’re hitting harder,” said Jeremy … Read more
Cyberattacks Hit Nearly Half of Portfolio Companies – Almost half of private equity (PE) portfolio companies reported cyber incidents in the past year, many involving ransomware or extortion attempts. PE Cybersecurity and cyber insurance are the focus of the Private Equity Cyber Survey White Paper by QBE, which surveyed 300 risk managers and CISOs at … Read more
The Executive Summary of Arctic Wolf’s 2025 Cyber Insurance Outlook begins with an increasingly common yet no less ominous warning: “The risk of cyber attacks is no longer theoretical; it is a daily operational concern.” The Core Problem: Protection Promised, Protection Denied Many buyers expect broad protection. Claims data tells a tighter story. Only 12% … Read more