Tag: #cyberinsurance
As the cyber security scenario is rapidly advancing, the methods hackers adopt are transforming faster than companies can strengthen their defenses. The threat is no longer confined to banks or tech companies. The threat perception is dramatically different from that of 2025; hospitals, power grids, and manufacturing plants are now top-priority targets since all these […]
Cyber insurance claims data offers a rare view into what truly fails and what actually works during a cyber incident. In the first half of 2025, phishing-related attacks were responsible for 49% of all cyber insurance payouts, up sharply from 18% in 2024. Business interruption costs accounted for nearly 40% of total insured losses, often […]
As cyber threats escalate, businesses now face unprecedented financial and operational risks. Cyberattacks—ranging from hacking and ransomware to data breaches—are not only becoming more frequent but also increasingly severe. Attackers often impersonate vendors, partners, or executives to deceive employees into transferring funds or leaking sensitive information. With the stakes higher than ever, cyber insurance has […]