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Cyber Breaches Go Unreported as AI-Driven Threats Surge, 2025 Report Finds

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A new study reveals that nearly half of cybersecurity leaders failed to report material breaches to their organizations’ boards in the past year, underscoring growing challenges in transparency and risk management.

Cybersecurity News: Threat Group Shifts Focus to Insurance Sector

A threat group known for high-profile retail cyberattacks has shifted its focus to the insurance industry, according to Google. The group, believed to be Scattered Spider, is linked to recent intrusions and uses tactics aimed at help desks and call centers.

Cybersecurity in the Insurance Industry: Key Risks and Takeaways

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The insurance industry faces a complex cybersecurity landscape, balancing strong security scores with significant vulnerabilities. This blog will explore the key findings from SecurityScorecard’s recent report, A Cybersecurity Assessment of the Insurance Industry Supply Chain.

New Cybersecurity Initiative Offers Free Support to Vulnerable Organizations

The threat landscape for cybersecurity continues to intensify, with organizations across sectors facing escalating risks. In Q3 of 2024, cyberattacks surged by 75% compared to the same period in 2023, according to Check Point Research.

New York State Fines Geico and Travelers $11.3 Million for Data Breaches

Cyber security network and data protection in financial business concept. Businessman managing data and system to safeguard sensitive information from cyber threats and maintain trust in the industry

New York State has fined auto insurers Geico and Travelers Indemnity a combined $11.3 million for cybersecurity lapses that exposed sensitive customer data.

New Minnesota Law Mandates Cyberattack Reporting by Public Agencies

Two technology professionals work diligently in a bright office setting, one focusing on a laptop while the other engages with a large monitor, coding together.

Minnesota has enacted a new law requiring public agencies and their contractors to report cybersecurity incidents to state IT officials. This measure aims to enhance the state’s preparedness and response to growing cyber threats.

Boosting Cyber Resilience for Rural Water Utilities

The U.S. Department of Agriculture (USDA) and the White House Office of the National Cyber Director (ONCD) have launched a yearlong initiative to strengthen the cybersecurity of rural water utilities, a critical yet often under-resourced sector.

Cybersecurity Gaps Could Be Costing Businesses More in Insurance Claims, Says Gallagher Re Study

Data security concept. 3D render

In a recent study, Gallagher Re, a leading global reinsurance broker, uncovered a crucial link between cybersecurity weaknesses and higher insurance claims.

Zurich and Marsh McLennan Sound Alarm on Cybersecurity Gaps

In a joint whitepaper, Closing the Cyber Risk Protection Gap, Zurich Insurance Group and Marsh McLennan highlight the growing divide between increasing cyber threats and the current ability of both businesses and insurers to mitigate them.

Navigating the Risks of AI-Enhanced Phishing Attacks

Generative AI is revolutionizing many industries, including insurance. However, it also introduces new risks, particularly in the realm of cybersecurity.