Cyber insurance stories
Australian cybersecurity roles increasingly stressful, says ISACA survey
2 days ago
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cybersecurity
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skills gap
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isaca
Australian cybersecurity professionals face rising job stress amid increased threats and low budgets, with 53% anticipating a cyberattack within a year.
Blackpanda secures USD $6.7m to boost Asia's cyber defence
3 days ago
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uc
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emergency services
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telco
Blackpanda raises USD $6.7 million to boost its cyber emergency services across Asia, enhancing its IR-1 solution and scaling operations.
Cohesity report: firms overconfident in cyber resilience abilities
Fri, 16th Aug 2024
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ransomware
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mfa
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financial systems
A new Cohesity survey reveals a stark reality: 67% of firms suffered ransomware attacks in 2024 despite 78% having confidence in their cyber resilience.
Ransomware trends: A threat to insurance business continuity
Tue, 13th Aug 2024
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malware
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dr
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ransomware
The rapidly evolving ransomware threat poses a significant risk to business continuity, crucially impacting cyber insurance strategies. Companies must bolster cybersecurity to stay ahead.
CrowdStrike outage highlights tech flaws: experts demand better cybersecurity
Wed, 7th Aug 2024
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ai security
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dr
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cybersecurity
CrowdStrike's botched Falcon Sensor update affected 8.5 million Microsoft Windows devices globally, underscoring major weaknesses in tech infrastructure and sparking industry-wide scrutiny.
Australian firms overestimate cyber resilience as attacks rise
Tue, 30th Jul 2024
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ransomware
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mfa
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advanced persistent threat protection
Australian companies overestimate their cyber resilience amid rising attacks, with 60% having faced ransomware recently and many willing to pay ransoms.
Acronis True Image returns with enhanced cybersecurity features
Thu, 18th Jul 2024
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data protection
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storage
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advanced persistent threat protection
Acronis reintroduces True Image with superior cybersecurity, tackling modern threats and offering an all-in-one backup solution for home users.
Cyberattack concerns grow among Singapore & Malaysia firms
Tue, 16th Jul 2024
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mfa
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ransomware
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advanced persistent threat protection
New research reveals alarming cyberattack trends in Singapore and Malaysia, with many companies resorting to paying ransoms.
Cysurance & Sophos expand cyber protection program to Australia
Mon, 15th Jul 2024
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firewalls
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data protection
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ransomware
Cysurance partners with Sophos to bring its successful US cyber protection program to Australia, offering enhanced ransomware protection and cyber-insurance policies.
Aon & SentinelOne team up to battle cyber threats
Fri, 12th Jul 2024
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advanced persistent threat protection
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cybersecurity
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cybercrime
Global cost of cyber breaches may hit USD $23.84 billion by 2027, prompting Aon and SentinelOne to form a strategic alliance, enhancing cyber insurance processes.
Small UK businesses face cyber security challenges & solutions
Mon, 8th Jul 2024
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data protection
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cybersecurity
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it strategy
UK firms reported 2.39 million cybercrimes in 2023, with small businesses facing unique challenges. Markel Direct's Rob Rees outlines key strategies for protection.
Survey: investments in cybersecurity needed for insurance
Mon, 1st Jul 2024
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firewalls
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ransomware
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network security
Nearly all companies with cyber insurance have bolstered cybersecurity to meet policy terms, yet recovery costs from attacks, averaging USD $2.73 million, outstrip coverage.
Survey shows 76% of firms boost cyber defences for insurance
Fri, 28th Jun 2024
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firewalls
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network security
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mfa
Some 76% of firms bolstered cyber defences to secure insurance, though many remain unclear on coverage specifics amid rising attack recovery costs.
UK IT leaders express dissatisfaction with cyber insurance options
Thu, 27th Jun 2024
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threat intelligence
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it departments
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leadership
A Coalition study reveals 87.6% of UK's mid-sized business IT leaders have faced cyber-attacks, voicing concerns about current insurance offerings' efficacy.
AttackIQ and Trium Cyber partner to grow security solutions
Fri, 21st Jun 2024
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devops
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advanced persistent threat protection
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apm
AttackIQ has partnered with Trium Cyber to provide policyholders with AttackIQ Flex, aiming to boost cybersecurity maturity and mitigate risks.
CrowdStrike launches Falcon for Insurability to aid cyber insurers
Fri, 7th Jun 2024
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ai security
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breach prevention
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cybersecurity
CrowdStrike's new Falcon for Insurability initiative aims to lower underwriting risks for cyber insurers and enhance organisations' cyber resilience using AI-powered defences.
Survey reveals gaps in IT security training across firms
Fri, 7th Jun 2024
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advanced persistent threat protection
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cybersecurity
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cyber threats
A survey by Hornetsecurity shows 26% of organisations lack IT security training, urging better preparedness against rising AI-driven cyber threats.
BforeAI launches PreCrime Guarantee offering tenfold reimbursements
Thu, 30th May 2024
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ai
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risk & compliance
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ai models
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
MSP survey: cybersecurity skills shortage & technology updates lead challenges
Thu, 30th May 2024
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firewalls
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ransomware
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network security
Sophos' MSP Perspectives 2024 survey reveals that keeping up with the latest cybersecurity technologies is the top challenge for MSPs, according to 39% of respondents.
Rise in ransomware accelerates cyber insurance adoption
Thu, 23rd May 2024
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ransomware
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email security
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genai
Arctic Wolf’s Cybersecurity Report reveals a rise in ransomware and Business Email Compromise attacks, pushing global firms towards increased cyber insurance.