// Hacker Noon · 30 April 2026

Cyber Insurance Breaking: $221K Claims Signal Collapse

Average cyber claim severity has hit a record $221,000. Ransomware costs have ballooned to $508,000. Between record frequency and a massive reinsurance retreat, SMEs are becoming effectively uninsurable.

Hacker Noon

@hacker-noon · Nicholas Robert

hackernoon.com

Hacker Noon@hacker-noon