Cyber insurance stories - Page 2
CrowdStrike outage highlights tech flaws: experts demand better cybersecurity
Wed, 7th Aug 2024
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dr
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ai security
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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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storage
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data protection
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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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ransomware
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mfa
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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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collaboration
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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smb
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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leadership
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threat intelligence
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it departments
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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breach prevention
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ai security
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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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risk & compliance
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ai
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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.
IAG launches Cylo to boost cyber resilience for small businesses
Thu, 23rd May 2024
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iag
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cybercrime
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upguard
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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digital assessment
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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public sector
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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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mfa
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cloud security
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passwordless
In 2024, it’s clear that cybersecurity will remain a top priority for organisations and governments worldwide.