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Cyber Insurance Sunday – Upload

Posted on June 16, 2024June 16, 2024 By Martin Hinton

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Marsh and others look at Ransomware; Partnerships abound Backblaze and Coalition as well…

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It is a refrain repeated again and again. The small businesses' cyber risk face surges as cybercriminals increasingly target them and need more attention. Small businesses represent the low-hanging fruit. @cybercube4461 H1 2025 Global Threat Briefing highlights that 75% of ransomware cases affected companies with 11 to 1,000 employees. Small businesses and organizations often lack strong cybersecurity. That makes them easy prey. In the first half of 2025, cyber attacks intensified, affecting key sectors globally. These small businesses face growing cyber threats. Whether it is financial firms in the U.S. and Singapore or school districts in Canada and Australia, cybercriminals are at the door and inside as well. Read it: https://cyberinsurancenews.org/cyber-risk-for-small-business-2025-trends/
Small Business Cyber Risk: 2025 Alarming Trends and Urgent Cyber Protection Gaps
If you think critical infrastructure, what springs to mind? Does school cybersecurity enter the conversations? Probably transportation, energy, or healthcare—systems that, when disrupted, can cripple our daily lives as well as the broader economy. We rightfully worry about this. Cybersecurity defends against cyberattacks such as ransomware shutting down hospitals, DDoS attacks disrupting financial institutions, data breaches compromising sensitive information, attacks disabling power grids, or hackers compromising air traffic control systems. But consider this: what happens when your kid’s school closes? Typically, the narrative after a cyberattack on a school centers on cybersecurity failure and the sensitive student data that was compromised. But what about how it could compromise everyday life and their education? Given that, should schools be considered critical infrastructure? Takeaways 1. Critical infrastructure needs a broader definition that includes education. 2. K-12 schools face over 2500 cyber attack attempts daily. 3. Cybersecurity vulnerabilities in schools can disrupt essential services. 4. The pandemic highlighted the impact of disrupted education on families. 5. Cyber attacks on schools can lead to significant learning gaps. 6. Funding for cybersecurity in schools is critically inadequate. 7. Digital resilience in education must adapt to new threats. 8. Cyber insurance is essential for protecting educational institutions. 9. Community stability relies on effective school security and cybersecurity. 10. Proactive measures are necessary to prevent and respond to cyber incidents. Read it: https://cyberinsurancenews.org/k12-school-cybersecurity-critical-infrastructure/ Chapters 00:00 Introduction from Martin Hinton 00:40 The Role of Cyber Insurance in Protecting Infrastructure 01:07 Redefining Critical Infrastructure: The Role of Education 02:12 The Stark Reality of Cyber Attacks on Schools 04:13 The Ripple Effects of Disrupted Education 05:29 The Case for Cyber Insurance in Education
Redefining Critical Infrastructure: Cybersecurity and Schools, is it Critical?
A catastrophic cyberattack on America’s critical infrastructure is no longer a question of if but when. The new Netflix series Zero Day, starring Robert De Niro, dramatizes this terrifying reality—a massive cyber onslaught that cripples infrastructure, claims thousands of lives, and plunges the country into chaos. State-sponsored cybercrime, cyber warfare, or a Zero Day cyberattack are not science fiction. The warning signs are unmistakable. Read it all: https://cyberinsurancenews.org/zero-day-cyberattack-america-threat/
The Looming Global Cyber Attack: Are We On The Doorstep of Digital Disaster?
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