Cyber Insurance Growth Amid Rising AI-Enabled Threats

Markets.Businessinsider

Cyber Insurance Growth Amid Rising AI-Enabled Threats

First seen 13 Oct 2026, 14:32 UTC • •54.9

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ThreatCluster •October 13, 2026 at 16:35 UTC

•Asure Software's CyberMax Protects now covers thousands of businesses with cyber insurance.
•AI-enabled attacks are rising, with significant financial implications reported.
•The CyberMax Protects policy includes prevention tools and incident response support.

Asure Software has expanded its CyberMax Protects offering to provide cyber liability insurance and incident response support to thousands of small and mid-sized businesses. This initiative coincides with Cybersecurity Awareness Month and aims to address the increasing risks posed by AI-enabled cyber threats. IBM's 2026 Cost of a Data Breach Report indicates that AI-related breaches have surged, with one in four malicious breaches involving AI, leading to significant financial impacts. The CyberMax Protects policy includes coverage for 'bricking' devices and offers prevention tools, incident response planning, and ongoing support. Asure emphasizes the importance of these measures as businesses increasingly rely on digital systems for payroll and HR operations. The program also includes phishing security testing and managed detection services to mitigate risks before incidents occur.

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Timeline

2026-10-13

Asure announces CyberMax Protects expansion

Asure Software highlights its CyberMax Protects offering, providing cyber liability insurance and support to small and mid-sized businesses.

Markets.Businessinsider

More articles in this cluster (2)

Threat Graph

8 entities, 11 inferred relationships (STIX 2.1).

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Technique (5)

Data Breach
DDoS
Malware
Phishing
Ransomware

Organization (1)

Swinton Business

Affected Platform (2)

Google Workspace
Microsoft 365

Relationships

Data Breach targets Google Workspace
Data Breach targets Microsoft 365
DDoS targets Google Workspace
DDoS targets Microsoft 365
Malware targets Google Workspace
Malware targets Microsoft 365
Phishing targets Google Workspace
Phishing targets Microsoft 365
Ransomware targets Google Workspace
Ransomware targets Microsoft 365
Data Breach related to Swinton Business

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Common questions

What does CyberMax Protects cover?

CyberMax Protects includes cyber liability insurance, incident response support, and prevention tools for businesses.

How are AI threats impacting businesses?

AI-enabled attacks have increased significantly, with one in four breaches involving AI, leading to higher costs and risks.

What preventive measures are included?

The program offers phishing security testing, incident response planning resources, and managed detection services.

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