Ransomware Costs Surge 17% in 2025 Despite Fewer Cyberinsurance Claims

Cyberinsurance Claims Drop While Ransomware Grows Costlier – Resilience’s 2025 Midyear Cyber Risk Report paints a stark picture. Cyberinsurance claims fell 53% in the first half of 2025 compared to 2024. But the cost of ransomware claims rose 17%. “Fewer incidents escalate to incurred losses, but when they do hit, they’re hitting harder,” said Jeremy … Read more

Cyber Insurance Market 2025: Prices Ease, Capacity Expands, Risks Intensify

The Risk Placement Service (RPS) 2025 Cyber Market Outlook reads like a dashboard for the Cyber Insurance Market. Prices cool, capacity swells, and systemic exposures intensify. Vendors sit at the blast radius as incidents cascade across customers. AI accelerates crime and complicates coverage. Steve Robinson, RPS National Cyber Practice Leader, sets the stakes and the … Read more

41.8% of Fintech Cybersecurity Breaches Traced to Vendor Risks, Report Finds

Widespread Vendor Risk Among Fintech Leaders SecurityScorecard’s 2025 report reveals a concerning trend: 41.8% of breaches in top fintech firms stem from third-party vendors. An additional 11.9% involve fourth-party suppliers. These findings highlight growing systemic risks in the financial supply chain. The study analyzed 250 leading fintech companies. Despite strong internal controls, vendor exposure continues … Read more

New Tech E&O Coverage for UK & EU Firms – Resilience Expands Cyber Risk Solutions

A Timely Launch for a Growing Cyber Risk Landscape As digital transformation accelerates, technology companies face mounting pressure to stay ahead of cybersecurity risks. Recognizing this, Resilience, a global cyber risk management firm, has launched a new Technology Errors and Omissions (Tech E&O) cyber insurance offering for enterprises in the United Kingdom and Europe. The … Read more

SecurityScorecard and Willis Partnership: A New Move in Cyber Risk Strategy

Introduction to the Partnership Cyber threats continue to grow across industries in 2025, pushing companies to seek a more integrated and intelligent cyber risk strategy and solutions. SecurityScorecard, a leader in cybersecurity ratings, and Willis, a WTW company known for risk management and insurance services, have officially partnered to tackle these rising digital risks. Overview … Read more

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