2025 InsurSec Report on Cyber Claims and Risks

The document is a report detailing the findings from the 2025 InsurSec analysis of claims and cybercrime data. It identifies key trends and statistics regarding cyber incidents and their impacts on businesses. The report states that overall claim frequency increased by 16% in 2024, attributed primarily to the rise in ransomware attacks, which returned to levels seen in 2021 after a decline in the previous years. The report distinguishes between direct ransomware attacks, which have a severe impact on organizations, and indirect ransomware incidents that affect businesses through their third-party relationships. Financial fraud remains a prevalent threat, with email being the most common initial entry vector for these attacks. The report emphasizes the significance of technology choices in security outcomes and suggests that effective security controls can significantly reduce losses. Through its analysis, the report aims to provide businesses with insights into managing cyber risks in the future.