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Financial Fraud, With a Third-Party Twist, Dominates Cyber Claims

ID: ef9f25ff-7e9d-5e61-9a03-30ef0203bfb4

STIX ID: report--ef9f25ff-7e9d-5e61-9a03-30ef0203bfb4

Feed Name: Dark Reading

Threat Score
70/100

Date Published: 2025-04-11

Date Updated: 2026-04-21

Author: Robert Lemos, Contributing Writer

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The At-Bay 2025 InsurSec report shows that while financial fraud (commonly following phishing) was the most frequent cyber-insurance claim in 2024, direct ransomware remained the costliest incident and indirect ransomware via third-party breaches rose sharply; insurers highlight third-party risk as a key exposure and recommend investments in EDR/MDR, improved monitoring/visibility, and expanded vendor oversight as mitigation.

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