The Source for Cyber Insurance News, Insights and Data
The Headache In Carolina Beach A coastal town in North Carolina found out just how costly cyberattacks can be, and it put government cybersecurity in the spotlight. Carolina Beach reported that thieves stole $487,994.80 from town funds in two separate incidents. According to Port City Daily, the losses affected both the enterprise and general funds. … Read more
A research paper raises a direct question about HIPAA: How much money would it take for someone to break privacy rules? The findings should concern cyber liability teams. Researchers discovered that 58% of participants named a price they would accept to violate HIPAA. While many cyber incidents start with mistakes, this study highlights a different … Read more
At 2:13 p.m., the invoice printer jammed, phones kept ringing, and every screen froze at a login prompt. The owner tried their usual password, but it failed repeatedly. In that quiet moment, business stopped, and costs rose. According to Guardz, about half of U.S. SMBs have already faced a cyberattack. Guardz surveyed 800 U.S.-based SMB … Read more
Training Reduces User-Driven Risk and Insurance Pressure Cyber insurance premiums continue to shift as insurers evaluate human behavior risks. Novbox reports that many clients face potential policy increases of up to 250% when employees lack formal cybersecurity training. The company adopted Acronis Security Awareness Training, powered by Wizer, to address this risk and strengthen client … Read more
Overconfident and Underprepared: How Cyber Resilience Is Failing the Real-World Test Human history loves a confidence crash. From Icarus to the Titanic, belief often beats reality. Immersive’s 2025 Cyber Workforce Benchmark Report suggests cybersecurity is heading the same way, and the iceberg is already in view. “Organizations aren’t failing to practice; they’re failing to practice … Read more