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    Home - Insurance - CFC launches cyber tool to bridge SME protection gap
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    CFC launches cyber tool to bridge SME protection gap

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    CFC launches cyber tool to bridge SME protection gap
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    The risk environment underscores the urgency of such protection. Publicly named ransomware victims are projected to surpass 7,000 by 2026, up from 5,010 in 2024, whilst the average cost of individual ransomware incidents rose 17% in the first half of 2025 despite overall claim volumes declining 53%, indicating that attacks are becoming more targeted and costly for affected organisations.



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