The cyberthreat that drives businesses towards cyber risk insurance

This blog discusses why smaller organizations are increasingly adopting cyber risk insurance to mitigate escalating cybercrime costs and access post-incident services. It highlights ransomware’s evolution and high-impact examples (e.g., Change Healthcare), the persistent influence of social engineering, the operational burden of continuous patching, and the growing use of AI by both defenders and attackers. The piece suggests insurer-driven security requirements could improve organizational posture, while cautioning that insurance might also signal ransom payment willingness, and promotes related resources (podcast and whitepaper).