As cyberattacks increase, the importance of cyber insurance rises, however, premiums are soaring and insurers are becoming risk-averse. In early 2023, premiums spiked by 11% due to rising concerns about cyber threats. Some insurers are excluding certain costs to offset pay-outs. Businesses are urged to employ preventative cybersecurity measures to mitigate risks, reduce premiums, and demonstrate their commitment to security. The role of cyber insurance should supplement, not replace, effective cyber security strategies.
Smishing Triad Linked to 194,000 Malicious Domains in Global Phishing Operation
The threat actors behind a large-scale, ongoing smishing campaign have been attributed to more than 194,000 malicious domains since January 1, 2024, targeting a broad
