AI-driven attacks push up costs of large firms’ cyber insurance claims

A new report cited by Cybersecurity Dive says AI-powered attacks and hidden supply-chain weaknesses are making insurers’ work more difficult. The report finds that while large businesses are filing fewer cybersecurity insurance claims, the claims themselves are becoming more expensive to resolve.

This shift matters for regulated firms because insurers may respond by raising premiums or imposing stricter coverage terms. Boards and risk managers should expect more scrutiny of cyber risk controls and supply-chain due diligence in future renewals.