Cyberattacks targeting third-party vendors are causing unprecedented financial damage, according to a recent report by the cyber risk management firm Resilience. The report revealed that nearly one-quarter of cyber insurance claims filed last year involved material losses due to third-party breaches, marking a first for the company. Resilience noted that many incidents in 2024 disrupted businesses significantly, leading to larger financial impacts. The average cost of a data breach in 2024 was nearly 4.9 million dollars, with some incidents costing billions, such as the ransomware attack on UnitedHealth, which incurred 3.1 billion dollars in response costs. Resilience’s analysis also indicated that third-party risk now accounts for 31 percent of all claims filed, with ransomware targeting vendors contributing to 18 percent of incurred claims. The firm suggests that threat actors are shifting focus towards larger organizations, aiming for higher payouts.
ZeroBounce has unveiled its 2025 Email Statistics Report, offering valuable insights into email user behavior based on a survey of nearly one thousand participants across four continents. The findings reveal that a significant ninety-three percent of respondents check their email daily, with forty-two percent doing so three to five times a day. While thirty-five percent of users spend less than one hour managing their inboxes, an equal percentage dedicates between two to five hours each day. The report emphasizes that relevance is key to engagement, as forty-six percent of participants consistently open emails from brands that send relevant content. Additionally, eighty percent of individuals mark emails as spam if they appear spam-like, highlighting the importance of permission-based marketing. With sixty percent preferring email for work communication, the report underscores the ongoing dominance of email despite the rise of other platforms.
Why do we care?
CISOs are becoming strategic, not just operational. With 41% now involved in board-level decisions, service providers must position themselves as trusted advisors, aligning security offerings with broader business objectives. ome security leaders may hesitate to take on CISO roles—especially in organizations with unclear accountability structures. If clients struggle to retain security leadership, MSPs may see increased demand for virtual CISO (vCISO) services.
And thus the need to also manage those third party risks as well as email security.
Cyber insurance might become less viable. With high-cost payouts like the UnitedHealth breach, insurers could raise premiums, impose stricter requirements, or even exit the market for certain businesses. MSPs must prepare for a future where cyber insurance is harder to obtain or more expensive.

