Daily Digest: Global ransomware threat rises, McGill and Aegis partner on digital placement, Increasing cat resilience

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Global ransomware threat rises as soft market persists Ransomware attacks are accelerating across emerging markets and reshaping the risk landscape for cyber insurers, according to analysis by CyberCube. Attacks are spreading rapidly through Latin America, Africa, the Middle East and Asia, driven by digitalisation, uneven cyber defences and rising geopolitical strain, the analytics firms said. It comes as the cyber insurance market is facing its third year of declining rates, with capacity continuing to exceed demand and competition forcing concessions on premiums, limits and coverage.