2023 Cyber Insurance Cyber threats 
IT Security Guru
FEBRUARY 28, 2023
Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.
SecureWorld News
JULY 2, 2024
Global cyber insurance premiums are declining despite an uptick in ransomware attacks, according to a recent report by insurance broker Howden. This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management.
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SecureWorld News
MARCH 20, 2024
In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. Ransomware and its impact on businesses Industry-specific data from 2023 illustrates the widespread reach of ransomware and its resulting impact today. Let's find out.
CSO Magazine
JANUARY 24, 2023
US financial institutions see peer-to-peer fraud and other digital fraud as the biggest cybersecurity concern in 2023. It was cited by 29% of respondents in a survey by Computer Systems Inc. CSI), followed by data breaches (23%), ransomware (20%) and a breach at a third party (15%).
CyberSecurity Insiders
JANUARY 6, 2023
2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Job dissatisfaction and surging unemployment across the technology sector is likely to spur more insider threats. Organizations are being confronted on all sides by cyber-danger. Insurance Refusals and Rate Hikes.
SecureWorld News
DECEMBER 7, 2022
But 2023 might be the year it all comes to fruition. In 2023, experts predict we will see even more widespread adoption of AI in cybersecurity. These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time.
CyberSecurity Insiders
DECEMBER 18, 2022
A look ahead to 2023 we can expect to see changes in MFA, continued Hactivism from non-state actors, CISOs lean in on more proactive security and crypto-jackers will get more savvy. MFA will remain critical to basic cyber hygiene, but it will cease to be seen as a stand-alone ‘set and forget’ solution.
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