Millions of Potential Cyber Insurance Customers Already Compromised, New Data Reveals, as Cyber Distribution Gap Widens

DynaRisk launches intelligence capability that shows prospective distributors exactly how many of their customers are already at risk, turning cyber from a hard sell into an obvious priority

Cyber insurance has become one of the most talked‑about segments in the market — yet it remains one of the most under‑penetrated and misunderstood. While cyber risk continues to grow across every sector, many insurers, MGAs and brokers still haven’t fully captured the profit potential within this fast-expanding line of business.

The challenge? Successfully scaling embedded cyber programmes.

Major retailers, including M&S, Co-op, and Harrods, have fallen victim to cyber attacks, resulting in significant losses and, in some cases, customer data breaches. But could these incidents have been prevented? And what lessons should the insurance industry take from them?

Dive into our in-depth analysis to explore each retailer's cyber posture, critical lessons learned, and detailed intelligence on the hacker group Scattered Spider.

Cyber attacks on SMEs are rising sharply, yet many brokers find it difficult to convince clients that cyber insurance is a must-have. We sat down with Andrew Martin, our CEO, to talk about the top objections brokers hear from SME clients and how to handle them with confidence.

The insurance industry has long taken a reactive approach to cyber risk, responding to incidents only after they occur. But as cyber threats become more frequent, complex, and costly, this approach is no longer sustainable.

For MGAs managing portfolios of commercial policyholders, the ability to proactively identify, assess, and mitigate cyber risks before they materialise has become a critical differentiator.

Imagine this: your business is paralysed. A ransomware attack has locked you out of your systems, and the hackers are demanding payment. Do you pay the ransom to restore access — or refuse and risk prolonged downtime, lost data, and reputational damage?

It’s a nightmare scenario that’s becoming all too common. Ransomware attacks are rising across all sectors, targeting businesses of every size. And when they strike, decision-makers are often caught in an impossible situation: pay the ransom or explore alternative, often slower, recovery options.