The Source for Cyber Insurance News, Insights and Data
The Most Significant Milestone Comes at a High Cost The digital shift to hybrid environments is one of the most important advancements in modern business. However, according to Rubrik’s latest “State of Data Security in 2025” report, this progress comes with a steep price: an unprecedented rise in cyber threats affecting nearly every organization on … Read more
Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more
In its 2025 Annual Threat Report, cybersecurity firm Sophos warns that small and midsized businesses remain prime targets for evolving cybercrime. When it comes to cybercrime trends the report highlights ransomware as the leading threat, with old and misconfigured network devices opening the door to attacks. It also identifies a surge in email-based credential theft, … Read more
When hackers hit a hospital, it’s not just data at stake. It’s lives. That’s the stark undercurrent running through the 2024 HIMSS Healthcare Cybersecurity Survey. Released this spring by the Healthcare Information and Management Systems Society (HIMSS), the annual snapshot offers a sobering diagnosis of things like patient data protection and healthcare IT security. As … Read more
Middle Market Cybersecurity Breaches Decline But Risks Persist Cyber risks are growing more complex, yet data breaches in the U.S. middle market have decreased. According to RSM US LLP’s 10th Annual Cybersecurity Special Report, 18% of middle market companies experienced a breach in the past year. That’s down from 28% the previous year. Still, experts … Read more