The Source for Cyber Insurance News, Insights and Data
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
According to S&P’s Cyber Risk Insights: Cyber Catastrophe Bonds Offer Greater Scope for Risk Mitigation, the cyber ILS market is poised for significant expansion. With rising demand for cyber insurance, interest in cyber insurance-linked securities (ILS) is growing. However, challenges such as policy standardization, investor education, and complex risk modeling may slow its progress. Cyber … Read more