Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

In Q2 2025, Scattered Spider has been noted as a prolific threat actor targeting several sectors across multiple countries. As of June 2025, the group appears to have moved towards targeting the insurance sector. This is not novel victimology within the landscape, with attacks consistently targeting the sector, particularly in the extortion sphere. This blog explores the attacks Scattered Spider has conducted in 2025, as well as similar attacks around the insurance sector in the year.

Cyber insurance has become essential for digital businesses, but premiums are rising fast. According to S&P Global Ratings, annual cyber insurance premiums are projected to grow by 15–20% through 2026. The more vulnerable your digital assets are, the more likely you are to pay. To keep costs in check, organizations must demonstrate strong and continuous security measures. This requires going beyond basic controls and adopting expert-led, adaptive protection that secures all applications and APIs.

Email Threats Continue to Hit Businesses Where It Hurts Most The cyber threat landscape in 2024 saw a continued rise in email-based attacks, with businesses facing increasingly sophisticated forms of business email compromise (BEC) and fund transfer fraud (FTF). These threats aren’t just technical — they hit organizations financially, emotionally, and operationally.

Navigating the cyber insurance market in 2025 feels tougher than ever. Premiums are rising, requirements are stricter, and underwriters are scrutinizing security controls with unprecedented detail. While you're likely focused on endpoint security, MFA, and backups, are you overlooking a critical attack surface that insurers increasingly care about?

This blog was written in partnership with the Vouch team. ‍ Today, cyber threats are more pervasive than ever, with businesses facing increasing risks from data breaches, ransomware attacks, and regulatory fines. To mitigate these threats, many companies turn to cyber insurance for financial protection. ‍ However, securing and maintaining cyber insurance isn’t just about paying a premium.

The cyber insurance industry continues to face challenges related to traditional cyber security risks, and more recently, data privacy risks. In many cases, traditional cyber insurance policies may cover legal fees or costs related to a data privacy infringement. Organizations not only get hit with class action lawsuits following incidents like breach of PII/PHI, but are seeing demand letters from law firms who are looking to protect their clients from any possible disclosure of their sensitive data.

Cyber attacks are increasing in frequency and severity, with the trend ticking upward year after year. As the volume of attacks continues to rise and threat actors work to evade cybersecurity measures, organizations are increasingly adopting a strategy that helps minimize the effects of a potential breach – risk transfer.