Cyber Insurance Losses Mount, But Industry Poised for Growth – Gallagher Re 2025

Gallagher Re’s latest report, The Quest for Growth, dives into a range of pressing cybersecurity insurance issues, from ransomware and cyber underwriting cycles to the evolving cyber threat landscape. At the center of it all lies a stark reality: the cyber insurance industry is struggling with volatility and major loss events, yet it holds vast, … Read more

Tax Day = Cyber Scam Day; Watch Out for “Smishing” and “Phishing-as-a-Service (PhaaS)”

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 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies

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 Risk Firm Resilience Expands Services for Large Enterprises With New Insurance Capacity

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

Cyber Risk for Small Business: 2025 Alarming Trends and Urgent Cyber Protection Gaps

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

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