Ransomware is now said to be growing beyond more traditional hotspots and in emerging economies, including Latin America, the Middle East, Asia, other regions, according to CyberCube’s research. The report, titled “Applying Analytics and Threat Intelligence to Grow in a Soft Market”, states these trends underscore ransomware’s shift beyond traditional hotspots and toward regions undergoing “rapid digitalization, uneven defense, and growing strategic importance.”
CyberCube’s H2 2025 Global Threat Briefing examines how (re)insurers are tightening focus, “prioritizing efficiency and margin stability over pure premium expansion in the current soft market.”
It notes that after 3 consecutive years of “rate reductions, the cyber market remains soft, with capacity outpacing demand.”
Heightened competition has driven concessions “on premiums, limits, and coverage terms.”
Meanwhile, cyber threats and particularly ransomware continue “to expand in both scale and geography.”
CyberCube’s analysis shows:
- Sustainable growth requires diversification and innovation across industries, regions, SMEs, and emerging risks.
- The Public Sector illustrates both the challenges and opportunities shaping today’s cyber insurance market. It combines high exposure and uneven security maturity with increasing reliance on digital systems.
- Amid budget cuts and personnel shortages, network misconfigurations remain a leading vulnerability for Public Sector organizations. Yet despite the sector being highly Exposed and under Secured relative to the global average, there are pockets of opportunity.
William Altman, Head of Cyber Threat Intelligence Services and report author, said:
“Cyber insurance is poised to remain one of the most dynamic and strategically vital segments within the property and casualty sector. As the sector matures, future expansion will hinge on serving underinsured segments, new geographies, and emerging risk classes. As the market approaches 2026, success in cyber (re)insurance will depend on precision, insight, and the ability to align opportunity with exposure.”
As covered, CyberCube is the provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms.
CyberCube leverages data, analytics, artificial intelligence, and human resources “to serve insurance institutions globally.”
The CyberCube platform was established in 2015 “within Symantec and has operated as a standalone company since 2018.”
With business offices located in San Francisco, New York, Chicago, London, and Tallinn, Estonia, the team says that it is focused to “helping organizations and society build resilience to cyber risk.”