According to CyberCube’s “Application Analytics and Threat Intelligence Growing in Soft Markets” report, ransomware is surpassing traditional hotspots and rapidly spreading to emerging economies.
The research highlights a significant shift in the threat landscape, with ransomware now expanding into regions experiencing rapid digitization, defense imbalances and growing strategic importance, such as Latin America, Africa, the Middle East and Asia.
CyberCube’s Global Threat Brief for the Second Half of 2025 shows that reinsurers/insurers are shifting their focus to the soft cyber market. Instead of emphasizing premium expansion, they prioritize efficiency and profit stability.
Meanwhile, the network market remained weak for the third year in a row, with capacity outpacing demand, leading to successive rate declines.
Fierce competition prompts concessions on premiums, limits and coverage terms. At the same time, cyber threats, especially ransomware, continue to expand in size and geography.
CyberCube’s analysis shows that for insurers to achieve sustainable growth, they need to diversify and innovate across industries, regions, SMEs and emerging risks.
The public sector embodies both challenges and opportunities. It combines high exposure with uneven security maturity and increasing reliance on digital systems.
Despite facing budget cuts and staff shortages, public sector organizations remain highly vulnerable to cyber threats, largely due to network misconfigurations, the report says.
While the industry’s exposure and safety levels are well below global averages, the report notes that there are still specific areas for improvement.
“Cyber insurance is expected to continue to be one of the most dynamic and strategically important segments of the property and casualty industry,” said William Altman, director of Cyber Threat Intelligence Services and author of the report.
“As the industry matures, future expansion will depend on serving underinsured market segments, new geographies and emerging risk classes. As the market approaches 2026, the success of cyber reinsurance/insurance will depend on precision, insight and the ability to combine opportunity with risk.”
