TechDay Australia - Australia's technology news network

Cyber insurance stories

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Survey shows enterprises shift towards software-driven pentesting
Yesterday
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devops
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advanced persistent threat protection
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breach prevention
Over 50% of enterprises now use software-driven penetration testing as their primary method to identify IT vulnerabilities, reveals Pentera survey.
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Rise in AI-driven cyberattacks prompts urgent action for SMEs
Last week
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ransomware
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it training
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phishing
Two thirds of global firms saw a rise in cyberattacks last year, with AI-driven threats and lack of expertise raising security concerns, says Hiscox report.
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Australian firms risk cyber breaches as machine identities soar
Last week
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phishing
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email security
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iam
A CyberArk report reveals Australian firms face rising cyber risk as machine identities outnumber humans 79 to 1, yet many remain unsecured amid lagging priorities.
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Cyber Threat Insure launches new model for MSPs in Aust
Last month
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ransomware
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risk & compliance
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cybersecurity
Cyber Threat Insure unveils a pioneering cyber liability insurance model for Managed Service Providers, with IT First Responder as its inaugural partner.
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Google Cloud unveils AI-powered Unified Security platform at Next 25
Last month
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data protection
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cloud security
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advanced persistent threat protection
Google Cloud has unveiled Gus, an AI-driven Unified Security platform, at Next 25, aimed at helping security teams tackle evolving cyber threats.
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Chris Bell joins Sophos as Senior VP for Channel Alliances
Last month
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firewalls
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network security
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cx
Sophos has appointed Chris Bell as Senior Vice President of Global Channel Alliances, aiming to enhance partner relationships and channel strategy.
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N-able expands integrations to enhance cybersecurity suite
Last month
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advanced persistent threat protection
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ai security
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ai
N-able has unveiled new integrations in its Technology Alliance Program, enhancing tools for partners to boost cybersecurity and operational efficiency.
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SonicWall launches SonicSentry MXDR for managed service providers
Mon, 31st Mar 2025
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firewalls
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network security
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cloud security
SonicWall has unveiled SonicSentry MXDR, a managed detection and response service designed to bolster cybersecurity for managed service providers and their clients.
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HITRUST report shows improved outcomes for 2025 with AI
Mon, 24th Feb 2025
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breach prevention
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risk & compliance
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ai
The latest HITRUST Trust Report reveals a drop in cyber incident rates to 0.59% in 2024, highlighting the efficacy of certification in enhancing security outcomes.
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Healthcare tops data breach incidents in 2024, surpassing finance
Fri, 21st Feb 2025
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ransomware
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physical security
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breach prevention
Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.
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KnowBe4 platform promises up to 400% return on investment
Fri, 21st Feb 2025
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ransomware
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it training
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data analytics
A report by Hobson & Company reveals that organisations using KnowBe4's HRM platform can achieve a ROI of 200% to 400% within just 3.5 months.
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QBE report reveals emerging challenges for Singapore SMEs
Wed, 19th Feb 2025
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breach prevention
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ai
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inflation
QBE Insurance's annual SME surveys reveal challenges for small and medium-sized enterprises in Singapore and Hong Kong, highlighting rising costs and AI adoption concerns.
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AI reshapes cybersecurity, drives 2025 hyper-automation
Thu, 23rd Jan 2025
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biometrics
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mfa
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iot
The 2024 surge in AI-driven cybersecurity has transformed threat detection, but emerging AI-led attacks pose new risks as firms brace for 2025 advancements.
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KnowBe4 report links cyber insurance to security needs
Thu, 23rd Jan 2025
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edutech
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phishing
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advanced persistent threat protection
KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.
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Ransomware attacks soared in 2024, new groups emerge
Fri, 17th Jan 2025
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ransomware
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mfa
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phishing
ReliaQuest's latest analysis reveals a 43% rise in ransomware victims in Q4 2024, with 13 new groups emerging, including Akira, which named 71 victims in December.
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WTW launches CyCore Asia for enhanced cyber coverage
Thu, 16th Jan 2025
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advanced persistent threat protection
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risk & compliance
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genai
WTW has launched CyCore Asia, a new cyber insurance facility offering up to USD $15,000,000 in coverage to combat growing cyber risks in Singapore and Hong Kong.
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UK unveils bold plan to tackle cybercrime with new rules
Wed, 15th Jan 2025
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data protection
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ransomware
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smart home
The UK Government has unveiled plans to tackle cybercrime, proposing a ban on ransomware payments for public bodies and a new reporting framework.
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Data protection advancements expected to shape 2025 security
Fri, 27th Dec 2024
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data protection
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dr
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ransomware
Andrew Eva of Assured Data Protection predicts significant advancements in backup and cybersecurity by 2025, highlighting ransomware as a major threat.
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AI-driven data governance to be key by 2025, says expert
Thu, 19th Dec 2024
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data protection
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mfa
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risk & compliance
By 2025, data governance, AI, and multi-factor authentication will become crucial as firms navigate increasing regulatory pressures and cybersecurity threats.
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Why companies must rethink their recovery plans
Thu, 12th Dec 2024
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data protection
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dr
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ransomware
As cyberattacks escalate, a recent survey reveals that many firms struggle to recover fully from data breaches due to inadequate backup strategies.