The research examines how small businesses with $10 million to $250 million in annual revenue contribute a significant share of global economic output. However, they remain underserved by the global cyber (re)insurance market - facing attacks and their consequences without sufficient insurance coverage.
“This protection gap presents both an opportunity and a responsibility for brokers and (re)insurers,” said William Altman, Director of Cyber Threat Intelligence Services at CyberCube. “Brokers play a crucial role in driving adoption among small businesses, helping them recognize the value of cyber coverage. For (re)insurers, expanding to small enterprises not only broadens market reach and enhances portfolio diversification but also strengthens economic resilience. When small businesses effectively prevent and recover from attacks, they protect jobs, sustain supply chains, and support their communities.”
The biannual Global Threat Briefing examines cyber security trends impacting small businesses and their cyber (re)insurers. Key insights are:
• Financially-motivated ransomware gangs represent a problem for small businesses.
• Small Financials represent an opportunity for cyber brokers and (re)insurers. However, due to their reliance on common technology, even secure small Financials are at risk of losses from cyber aggregation events.
• Small education is among the highest-risk sectors that require greater scrutiny.
• Education industry outage and data breach risk stems from Student Information & Learning Management Systems.
• In 2025, cyber (re)insurers should continue to monitor how Artificial Intelligence (AI) could enable threat actors to scale attacks against small businesses in the coming year(s).
A copy of the report can be found here Global Threat Briefing H1 2025.
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