coalition News

Cyber Threat Index Predicts Total Published CVEs to Increase by 25% in 2024

The total number of common vulnerabilities and exposures (CVEs) is expected to increase by 25% in 2024 to 34,888 vulnerabilities, or roughly 2,900 per month, according to a new report by Coalition. Coalition published its Cyber Threat Index 2024, detailing …

Attacks on Casino Giants Heralds Resurgence in Ransomware Demands

Cyberattacks on MGM Resorts International and Caesars Entertainment last week show that ransomware gangs continue to be a major threat and are using more sophisticated strategies to break into private computer networks. GuyCarpenter reported Wednesday that a cybercrime group called …

Report: While Hackers Eye Small Businesses, Ransomware Attacks Decline

A new cyber trends mid-year report released by cyber insurer Coalition suggests that while small businesses continue to be targeted, overall incidents are down and ransomware attacks are declining as demands go unpaid. During the first half of 2022, the …

Cyber Claim Frequency Growing; Smaller Organizations Targeted

The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition. An increasing number of attacks were …

Brokers Packaging Cybersecurity with Cyber Insurance

Insurance retailers are teaming up with tech wizards to sell cybersecurity along with cyber coverage as a means of trimming premiums and winning over customers in a vastly underserved market: small and mid-sized businesses. Coalition, a San Francisco managing general …

Ad Campaign Seeks Limits on Civil Lawsuits in Louisiana

A coalition of business groups is using an advertising campaign to try to persuade Louisiana’s legislature to limit lawsuits including over asbestos injury claims. Two organizations representing a list of business lobbying groups and others are putting $70,000 into 30-second …