Cyber insurance stories
Acronis True Image returns with enhanced cybersecurity features
Last week
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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
Last week
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ransomware
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advanced persistent threat protection
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malaysia
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
Last week
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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
This month
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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
This month
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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
This month
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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
Last month
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firewalls
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network security
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breach prevention
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
Last month
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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
Last month
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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.
Businesses underprepared as data breaches soar 25% in 2023
Last month
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data protection
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devops
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encryption
A 25% surge in 2023 data breaches hit UK firms, with ransomware impacting 75%. Average breach costs GBP £3.4 million, but only 31% do risk assessments.
CrowdStrike launches Falcon for Insurability to aid cyber insurers
Last month
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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
Last month
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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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online fraud
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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ai
Arctic Wolf’s Cybersecurity Report reveals a rise in ransomware and Business Email Compromise attacks, pushing global firms towards increased cyber insurance.
IAG launches Cylo to boost cyber resilience for small businesses
Thu, 23rd May 2024
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cybercrime
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upguard
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iag
IAG debuts Cylo, a cyber underwriting agency supported by CGU, to enhance cyber resilience for small Australian businesses with revenues up to AUD $10 million.
Arctic Wolf introduces Cyber Resilience Assessment tool
Thu, 9th May 2024
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cybersecurity insurance
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cybersecurity
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cis
Security operations firm, Arctic Wolf rolls out Cyber Resilience Assessment tool to strengthen companies' cybersecurity profiles and insurability by aligning them to industry-standard frameworks.
CYFOR Group announces new CTO & Head of Incident Response
Mon, 26th Feb 2024
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cybersecurity
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incident response
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e-discovery
CYFOR Group bolsters its growth plan with the appointments of Andrew Frowen as CTO and William Poole as Head of Incident Response.
AI-driven cyberattacks and defences to create a battle of algorithms in 2024
Tue, 23rd Jan 2024
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cloud security
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ai
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cybersecurity
In 2024, it’s clear that cybersecurity will remain a top priority for organisations and governments worldwide.
Businesses challenged by supply chain cybersecurity threats
Thu, 21st Dec 2023
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supply chain systems
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ai
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cybersecurity
97% of UK firms face ongoing supply chain cyber threats, enduring negative impacts in the past year, reveals BlueVoyant.