The surge in cyber insurance and what it means for your business

The cyber insurance market is set for explosive growth as organizations increasingly seek financial protection against rising cyber threats. This surge in demand reflects a broader shift in how businesses approach risk management, viewing cyber insuran… Continue reading The surge in cyber insurance and what it means for your business

Security measures fail to keep up with rising email attacks

Organizations must reassess their email security posture as incidents continue to escalate, leading to financial losses. Key findings reveal a significant increase in email attacks, with many successfully bypassing standard security protocols and targe… Continue reading Security measures fail to keep up with rising email attacks

The true cost of cybercrime for your business

As cybercriminals continue to refine their methods, blending traditional strategies with new technologies, the financial toll on individuals and organizations has reached alarming levels. Businesses are also grappling with mounting cybercrime costs fro… Continue reading The true cost of cybercrime for your business

56% of cyber insurance claims originate in the email inbox

56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber Claims Report is … Continue reading 56% of cyber insurance claims originate in the email inbox

CVE count set to rise by 25% in 2024

The report from Coalition indicates an anticipated 25% rise in the total count of published common vulnerabilities and exposures (CVEs) for 2024, reaching 34,888 vulnerabilities, equivalent to approximately 2,900 per month. Sharp CVE increase heightens… Continue reading CVE count set to rise by 25% in 2024

Ransomware trends and recovery strategies companies should know

Ransomware attacks can have severe consequences, causing financial losses, reputational damage, and operational disruptions. The methods used to deliver ransomware vary, including phishing emails, malicious websites, and exploiting vulnerabilities in s… Continue reading Ransomware trends and recovery strategies companies should know

Ransomware cyber insurance claims up by 27%

Overall cyber insurance claims frequency increased by 12% in the first half of 2023, according to Coalition. Increase in ransomware claims frequency Coalition found that both claims frequency and severity rose for businesses in early 2023 across all re… Continue reading Ransomware cyber insurance claims up by 27%

Acrisure and Coalition join forces to provide security solutions for small and midsize businesses

Acrisure announced a partnership with Coalition, a global provider of cyber insurance and security. Acrisure’s Cyber Services division will offer the Coalition Risk Assessment, designed to help small and mid-size organizations understand their cyber an… Continue reading Acrisure and Coalition join forces to provide security solutions for small and midsize businesses