Cybersecurity

Travelers: Ransomware activity reached a new high in the fourth quarter of 2024.

Crypto exchanges are a tempting target for hackers due to the high-value nature of the assets and security vulnerabilities of crypto accounts.

The cyber insurance market is predicted to boom as software vulnerabilities explode in 2025.

Streamlining claims through technology is expected to push the insurtech market to $20.26 billion in 2025.

Cyberattacks extend beyond the ransom payment or the immediate cost of restoring systems.

The average ransom demand was $3.5 million last year.