Ransomware

Insurers serving the growing microbusiness market must understand how digital risks to this segment are evolving and adapt accordingly.

BEC claims were 57% higher in the first half of 2026 compared with the same period last year, and fraudsters are increasingly focused on account takeovers, according to the Travelers' Q2 2026 Cyber Threat Report.

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

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

Ransom demands decreased 22% in 2024, according to new Coalition data.

Insurers should proactively quantify and mitigate internal cyber exposure.

Planning for a cyberattack before it occurs can shorten the recovery time when the inevitable happens.

Dave Cunningham, senior case manager for Alvaka shares insights on ransomware attacks, how to avoid them and what victims should do if they are targeted.

The Travelers Companies released its Q4 2024 Cyber Threat Report which highlights an increase in ransomware activity.

The market for cyber breach reinsurance coverage is increasing, and policies are becoming more specialized, according to cyber insurance executives from Guy Carpenter, Aon, Liberty Mutual and Swiss Re.

Five strategies for insurance companies to adopt to gain the upper hand in ransomware defense.

Pan American Life Insurance found unauthorized third-parties took files that included personal information.

Insurance carriers are potential targets for cybersecurity incidents but organizations look to them for best practices.

Tim Francis, enterprise cyber lead at Travelers, spoke with Digital Insurance about cybersecurity and steps businesses can take to reduce potential exposures.

A cyberattack at 12 MGM Resorts became a textbook case for cyber liability insurance.

The cost of a data breach has risen 15% over the last 3 years, and ransomware costs have jumped 13% in the last year.

While only 48% of startups believe they are likely to face a data breach or ransomware attack, the actual number affected is much higher.

Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks.

A consortium of financial companies said premiums are rising despite a relatively low level of overall risk, causing some banks to reconsider their policies.

A standalone cyber policy is now a must-have for more and more small businesses, and even large enterprises.