The Source for Cyber Insurance News, Insights and Data
Financial institutions now face danger from two directions at once. Attackers are striking them directly again. Their vendors are springing new leaks at the same time. Black Kite calls it a two-front crisis. Direct ransomware attacks jumped 76% in the first quarter of 2026, year over year. Half of the sector’s vendors now carry critical … Read more
Verizon’s 2026 DBIR Covers 22,000 Confirmed Breaches Across 145 Countries For years, the answer to “how did they get in?” was the same: a stolen password. That answer changed in 2025. Verizon’s 2026 Data Breach Investigations Report, the 19th annual edition and the largest dataset the report has ever produced, finds vulnerability exploitation has overtaken … Read more
Inaccurate asset inventories create underwriting fictions. Cork Cyber’s new automated mapping capability builds the auditable data foundation that carriers and brokers are increasingly demanding. Cork Cyber announced Auto Mapping at N-able Empower 2026 on April 16. The new capability is built into Cork Vantage, the company’s cyber risk intelligence platform designed for managed service providers. … Read more
Marks & Spencer, Co-op, and MGM Resorts, we could go on and on. These examples show how damaging cyberattacks can be for retail and hospitality. M&S had to pause some online orders during its 2025 breach. Co-op reported that hackers stole customer data that same year. MGM’s earlier breach disrupted hotel and casino operations and … Read more
Resilience’s 2025 cyber insurance claims data shows that ransomware groups are now focusing on stealing data to gain leverage. Data-suppression extortion rose from 49% in the first half of the year to 65% in the second half. In 57% of attacks, criminals used data theft to get around stronger backups. Infostealers collected over two billion … Read more