The Source for Cyber Insurance News, Insights and Data
Not long ago we reported on the threat from quishing and brushing. Now the IRS and Microsoft are advising consumers and accountancies about cyber scams linked to tax returns, including “smishing.” What are smishing cyber scams? Read on for a smishing definition. Microsoft Warns of Phishing Attacks Earlier this month Microsoft alerted cyber security professionals … Read more
Ransomware Attacks Surge Again in 2024 Ransomware attacks rose nearly 20% in 2024, according to At-Bay’s newly released 2025 InsurSec Report. The severity of these cybercrime attacks also jumped 13%. The report, grounded in real claims data, shows the digital battlefield is getting riskier, especially impacting cybersecurity for mid-sized businesses. Companies earning between $25 million … Read more
Cyber Insurance Solutions Now Available for $10B+ Revenue Enterprises Resilience has extended its cyber risk capacity to enterprises earning more than $10 billion in annual revenue. The move gives broker partners expanded cyber underwriting options to protect against cyber threats. A new partnership with Accredited Insurance and a panel of global cyber reinsurers backs this … Read more
Worldwide Cyber Threats Surge Against Small Businesses It is a refrain repeated again and again. The cyber risk small businesses face as cybercriminals increasingly target them needs more attention. Small businesses represent the low-hanging fruit. CyberCube’s H1 2025 Global Threat Briefing highlights that 75% of ransomware cases affected companies with 11 to 1,000 employees. Small … Read more
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 a 32% jump from Q3, which marks the highest quarterly total they’ve ever recorded. November led the charge with 629 incidents before a drop to … Read more