ransomware trends

Cyber Risk Will Increase in 2025: Insurers Warn of Rising Threats

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According to Woodruff Sawyer & Co.’s annual survey released Monday, 58% of cyber insurers expect cyber risk will increase “slightly” in 2025. This marks an increase from 44% in 2024 but remains lower than 74% in 2023. Cyber insurance rates dropped for many businesses in 2024, with 66% of Woodruff Sawyer clients experiencing cost reductions. … Read more

2025 Cyber Insurance Outlook: Evolving Risks and Stabilizing Market Trends

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As the cyber insurance market enters 2025, signs of stabilization mark the industry landscape. Following the softening conditions in 2024, the market offers buyers improved options, including higher coverage limits, competitive pricing, and enhanced risk management services. The insights in this article are drawn from the “2025 Cyber Insurance Market Conditions Outlook,” from Gallagher. Despite … Read more

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