Cyber insurance stories
Supplier-linked attacks and AI-related incidents are testing cyber defences in Hong Kong and Singapore, despite strong confidence in the technology.
MSPs may see fewer alerts and lower workloads as the security vendor expands its Pax8 channel reach after a startup award win.
Uninsured cyber and climate claims are widening a gap that could leave insurers exposed to more than USD $700 billion in losses by 2030.
Ransomware losses worsened in May as attacks climbed 48% year on year, despite a 7% drop in overall cyber incidents.
Stolen patient records are now being traded alongside ransomware access, deepening risks for hospitals, suppliers and insurers across the sector.
The new feature targets shadow AI on laptops and desktops, helping security teams block data leaks before models can access sensitive files.
Nearly half of small businesses suffered cyber incidents last year, despite most saying they were confident in their defences.
Banks and investment firms face mounting exposure as ransomware incidents jump and more than half of vendors carry high-severity flaws.
Security teams face faster attack cycles as eSentire extends Atlas with agentic AI and appoints Ilan Mindel as Chief Cyber Officer.
Insurers and brokers may find it easier to assess SME cyber exposure after KYND expanded its risk platform into 15 local languages.
Cyber insurers are now joining CrowdStrike's front-line AI risk framework as boards face faster exploit-to-loss cycles and tougher underwriting scrutiny.
SMBs in Australia and New Zealand could cut the cost and complexity of cyber certification through a new channel-led package.
Half of Australian businesses suffered a cyber incident last year, with QBE saying 26% involved AI and many hit by supplier-linked attacks.
Each incident can halt site operations for 24 days on average as attackers exploit the sector's growing use of connected digital tools.
Targeted email scams are pushing payment redirection fraud losses higher as Australian firms lose more than AUD $166.8 million.
Existing medical malpractice and cyber policies may leave hospitals exposed as AI-related claims rise and liabilities spread across vendors.
UK firms face tighter cyber rules and faster reporting deadlines, as a new package combines protection, compliance and insurance cover.
UK firms face tighter cyber rules, and a new bundled offer from Hubtel IT and Konsileo aims to cut compliance gaps and claims risk.
Supplier oversight is becoming a bigger cyber priority as one in three Canadian businesses reported an AI-linked incident in the past year.
Most UK businesses using AI are not checking suppliers' systems, even as cyber incidents and revenue losses linked to third parties rise.