Cyber insurance stories
Ransomware losses and third-party risks are testing policy limits as Willis data show most breach costs are still covered.
The update gives MSPs EU data residency and tighter credential controls as clients and insurers demand clearer audit trails and access visibility.
Uninsured cyber and climate losses are widening the protection gap, while insurers lag in scaling AI despite mounting pressure to cut costs.
AWS customers will gain broader visibility into AI and cloud risks as CrowdStrike adds new monitoring, trials and private connectivity.
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.
Continuous attack testing aims to help customers spot exploitable gaps before criminals do, including misconfigurations hiding outside core systems.
Fragmented tools and patching delays are costing IT teams USD $133,000 a year in labour, according to new research.
Brokers can now place SME cyber cover faster, with risk data and automated quotes shared in one workflow on the Affinity platform.
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.