Data security

One in four malicious breaches are AI-enabled and cost $6 million on average. Insurance companies are a top target, and also bear the cost of claims.

The rise in infostealer malware and increasingly sophisticated phishing campaigns is compounding the problem for insurers.

Teams should revisit sourcing decisions continuously, rather than treat them as fixed multi-year commitments.

Fraud prevention is the foundation for trust at scale, shaping how confidently customers engage.

A survey of insurance leaders and other professionals finds that 29% of U.S. businesses experienced at least one AI-enabled cyber incident in the past year.

Genuine readiness in 2026 requires documented third-party access audits across broker and TPA relationships plus evidence that controls were verifiably in force.

Insurers will start relying on more advanced approaches to evaluating cyber risk, including continuous cyber risk monitoring.

Consumers still see value in AI, but are wary of how it's used, according to a Smart Communications report.

Criminal groups are using AI to assist in their attacks, overcoming companies' technological defenses, according to Travelers' Q1 2026 Cyber Threat Report.

Cyber incidents, economic pressures and AI emerged as top concerns, according to a survey from The Insurance Information Institute (Triple-I) and Munich Re.

Celebrities trademark their own likenesses, calling attention to the commercial risks of deepfakes, and how insurers could write coverage.

The technology is lowering the bar for cyber criminals attacking companies, according to Ryan Kratz, head of cyber for North America at MSIG USA. Kratz spoke with Digital Insurance about how the new type of attacks work.

AI is supercharging cyber criminals' ability to deploy ransomware – the most prominent type of cyberattack, according to Ryan Kratz, head of cyber for North America at MSIG. Kratz spoke with Digital Insurance about what commercial insurers are watching for.

The focus is on surviving such an attack, with resilient systems and processes that ensure business continuity against all odds.

By reducing data sprawl, improving governance, and preparing for forensic investigations in advance, organizations can strengthen their security posture and ensure they are ready to meet the demands of insurers when it matters most.

Hacking group ShinyHunters took credit for the data breach that affected the Instructure-owned Canvas learning management system.

Nationwide names new cyber lead and IBHS expands wildfire prepared program, plus more insurtech news.

The majority of cyber claims are most related to data breaches, cybercrime and extortion events, according to the 2026 Claims Report from Cowbell.

Industry research from Digital Insurance finds that 52% of insurance professionals believe a cyberattack will probably occur in the near future, and this fear is a factor in their AI plans.

Underwriting, risk models and policyholder support must evolve to reflect how identity data is used in modern fraud.