ransomware threats

UK Insurance Market Softens in 2024; Cyber Insurance Sees Major Savings Despite Rising Threats

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The UK insurance market showed significant softening in 2024, according to Aon’s UK Insurance Market Outlook. The report highlights key factors of insurer profitability, increased market capacity, and intense competition. These resulted in more favorable conditions for buyers across most sectors. Turning to cyber insurance. The UK cyber insurance market emerged as a standout area … Read more

58% of Federal Contractor Cyber Breaches Linked to Third Parties: National Security at Risk

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Alarming Statistics: The Call is Coming from Inside the House SecurityScorecard’s latest report reveals a staggering 58% of cyber breaches impacting top U.S. federal contractors originate from third-party vulnerabilities. This rate of federal contractor cyber breaches is double the global average and reflects serious weaknesses in managing external risks. The issue evokes the classic horror … Read more

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