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Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

Sophos to Acquire Secureworks in $859 Million Deal, Expanding Cybersecurity Portfolio

Posted on October 23, 2024December 2, 2024 By Martin Hinton

As cyber threats continue to rise globally, the demand for advanced cybersecurity solutions has never been greater. Organizations of all sizes are increasingly investing in technologies that can prevent, detect,…

Read More “Sophos to Acquire Secureworks in $859 Million Deal, Expanding Cybersecurity Portfolio” »

Cybersecurity, cybersecurity M&A

Cybersecurity Skills Shortage Poses Significant Risks for Small and Mid-Sized Businesses (SMBs)

Posted on October 15, 2024October 15, 2024 By Martin Hinton

Small and mid-sized businesses (SMBs) are grappling with a critical shortage of cybersecurity skills, leaving them vulnerable to increasingly sophisticated cyberattacks, according to a recent report from Sophos. The report,…

Read More “Cybersecurity Skills Shortage Poses Significant Risks for Small and Mid-Sized Businesses (SMBs)” »

Cyber Insurance, Cybersecurity for SMBs, Small Business

Two-Thirds of Healthcare Organizations Hit by Ransomware – A Four-Year High, Survey Finds

Posted on September 26, 2024September 26, 2024 By Martin Hinton

Healthcare organizations are facing a surge in ransomware attacks, with a string of high-profile incidents highlighting the vulnerabilities in the sector. From the attack on Ireland’s Health Service Executive in…

Read More “Two-Thirds of Healthcare Organizations Hit by Ransomware – A Four-Year High, Survey Finds” »

Cyber Insurance for Healthcare

Cyber Insurance Sunday – Upload

Posted on July 21, 2024July 21, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: CrowdStrike – we gathered a collection of insurance-focused stories for you to consider;…

Read More “Cyber Insurance Sunday – Upload” »

Cyber Insurance, Cyber Insurance Sunday - Upload

Which Sectors Have the Highest and Lowest Cyber Insurance Penetration? A Survey from Sophos Has Answers

Posted on July 8, 2024July 9, 2024 By Mark Sauter

The energy, oil/gas and utilities sector has the highest level of cyber insurance coverage, with 97% of surveyed organizations reporting policies (most of them standalone.) The lowest adoption of cyber…

Read More “Which Sectors Have the Highest and Lowest Cyber Insurance Penetration? A Survey from Sophos Has Answers” »

Cyber Insurance, Cyber Insurance Claims, Cyber Insurance for Government, Cyber Insurance for Healthcare, Cyber Insurance for SMEs/SMBs, Cyber Insurance Industry Groups, Cyber Insurance Reports

Sophos And Cowbell Partner On Cyber Insurance in the UK

Posted on October 18, 2023October 18, 2023 By Martin Hinton

Sophos, a leader in cybersecurity services, has unveiled a new development for businesses in the United Kingdom. Building on their partnership launched in the United States earlier this year, Sophos…

Read More “Sophos And Cowbell Partner On Cyber Insurance in the UK” »

Cyber Insurance for SMEs/SMBs

Policy Holders with Cyber Coverage — Esp. Stand-Alone Cyber Policies — Much More Likely to Pay Ransoms 

Posted on May 4, 2023May 4, 2023 By Mark Sauter

New survey results from Sophos, a provider of cybersecurity as a service, provide interesting data that delineates stand-alone cyber policies from cyber elements in broader policies. “The study also revealed…

Read More “Policy Holders with Cyber Coverage — Esp. Stand-Alone Cyber Policies — Much More Likely to Pay Ransoms ” »

Cyber Insurance Carriers & Brokers, Ransomware Insurance

2/3s of Healthcare Organizations Hit By Ransomware in 2021: Sophos

Posted on July 7, 2022July 7, 2022 By Mark Sauter

“The increase in successful ransomware attacks is part of an increasingly challenging broader threat environment which has affected healthcare more than any other sector. Healthcare saw the highest increase in…

Read More “2/3s of Healthcare Organizations Hit By Ransomware in 2021: Sophos” »

Ransomware Insurance

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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