The Ultimate Guide to Cybersecurity insurance
A curated Kiwi edition of TechDay news, analysis, interviews, reviews, job moves, and related resources for Cybersecurity insurance.
What to know about Cybersecurity insurance
Cybersecurity insurance serves as a vital component in managing the escalating risks associated with digital threats. As cyberattacks become more frequent and sophisticated, businesses and organisations are increasingly considering cyber insurance policies to safeguard their operations from financial losses and breach-related repercussions. This tag brings together a wealth of insights, stories, and developments illustrating how the cybersecurity insurance landscape is evolving in response to these challenges.
The stories linked to this tag explore a broad spectrum of topics—from the intricacies of choosing suitable coverage and the partnership strategies between insurers and cybersecurity firms, to emerging trends such as the impact of artificial intelligence on cyber risks and the growing importance of cyber resilience assessments. Readers can learn about how organisations adapt their security frameworks to meet insurance requirements, the role of innovation in putting together comprehensive cyber liability solutions, and how rising threats are shaping market demand and regulatory responses.
Whether you are a business leader seeking to understand the benefits and limitations of cyber insurance, an IT professional looking at risk assessment frameworks, or simply interested in how the insurance sector is adapting to the cyber threat environment, this collection offers practical insights and up-to-date information. Engaging with these stories will provide a clearer understanding of why cybersecurity insurance is becoming an integral part of overall risk management strategies in today’s digital world.
Kiwi Cybersecurity insurance News
Regional stories with direct local relevance
Exclusive: BizCover makes it easy to get business insurance
BizCover is disrupting the global insurance sector and has become a leader in commercial insurance technology distribution.
Case study: Claims demonstrate why cybersecurity insurance is a no-brainer
Insurer Delta Insurance urges New Zealand organizations to consider cyber insurance to mitigate the serious consequences of cyberattacks.
New Zealand is one of the 'Cyber Five' APAC countries most at risk of cyber attacks
According to Delta, there is now a perception that a cyber attack victim is punished by publicity, rather than the perpetrator.
Delta Insurance takes tech & cyber liability insurance to South Island firms
the company has concentrated heavily on its cyber and tech liability offerings, which Samson says is a good fit for South Island tech companies.
New Zealand businesses still sluggish in cyber insurance takeup
Only 5% of New Zealand organisations have taken out cyber insurance, leaving the market ripe for growth, says Delta Insurance director Ian Pollard.
Interview: RedShield's lowdown on TLS, DDoS & why breach legislation is good for everyone
RedShield's founder and CTO Sam Pickles talks about the company's research into attack techniques and the evolving threat of DoS attacks.
Recent Cybersecurity insurance News
Qualys & Converge launch cyber insurance pricing tool
Qualys and Converge tie cyber insurance premiums to live security data, aiming to reward stronger controls with lower costs for customers.
Arctic Wolf named Chubb's preferred MDR cyber partner
Arctic Wolf has been chosen as Chubb's preferred MDR partner, tying cyber cover to continuous security monitoring for larger policyholders.
CTERA ransomware tool aces independent lab testing
CTERA's Ransom Protect blocks all eight major ransomware strains in lab tests, encrypting a median of just 2.28% of files per attack.
Rapid7 unveils upgraded platform with $1M breach cover
Rapid7 upgrades its Command Platform with AI-powered threat detection and unified remediation, backed by a USD $1 million Breach Protection Warranty for security teams.
Vectra AI unveils new clarity programme to boost MSSP services
Vectra AI launches the Vectra AI Clarity Program for MSSPs to meet rising demands for advanced XDR solutions, offering flexibility and customised cybersecurity services.
Arctic Wolf introduces Cyber Resilience Assessment tool
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.
Tesserent predicts cybersecurity challenges & trends for 2024
Tesserent's cybersecurity experts anticipate AI risks, a growing skills shortage, and regulatory changes by 2024.
Cybersecurity ops not an immediate priority for CIOs
The study underscores the vital position of cybersecurity within organisations, with 67% of respondents listing it as their top focus area.
Nearly 40% increase in global ransomware attacks – report
Ransomware attacks have increased by almost 40%, with cybercriminals targeting organisations with cyber insurance, says a new report by Zscaler.
Thales expands cybersecurity leadership with Tesserent acquisition
Thales plans to acquire Tesserent for A$176m to create a major cybersecurity provider in Australia and New Zealand.
Ontinue and Antigen Security help to reduce cybersecurity insurance costs
Ontinue and Antigen Security have partnered to offer a cybersecurity solution that lowers insurance costs by up to 90%, according to Ontinue.
Financial firms increasing urgency to move towards cloud
Financial firms are increasing their urgency to move towards the cloud to strengthen cybersecurity, fraud detection and claims management.
Ransomware attacks rise 45% in Feb, LockBit ramps up activity
Ransomware attacks surged in February with a 45% increase from January, highlighting the growing threat, according to NCC Group's analysis.
Secure cyber insurance easily with Delinea's new updates
The new features in Delinea's Privilege Manager and DevOps products ensure seamless implementation of the controls required to secure cyber insurance policies.
Obtaining cyber insurance policy no longer guaranteed
Tenable has introduced a Cyber Insurance Report to streamline the underwriting process for insurers and customers.
Bitdefender releases free decryption tool for MegaCortex
The free tool helps victims encrypted by MegaCortex ransomware restore their files and recover following a successful attack.
Case study: Why cybersecurity insurance is essential for your business
Death and taxes are inevitable. So too is the rise of cyber incidents hitting organisations where it hurts most: the bottom line.
Ransomware, cyber insurance and unbreakable backup key reflections of 2021
Enterprises recognised the need to protect themselves against a ransomware-related class action lawsuit, and began preparations for a worst-case scenario.
Cloudflare partners with leading cyber insurers and incident response providers
Cloudflare has announced partnerships with leading cyber insurance companies to help businesses manage their risks online.
RapidFire Tools helps MSPs and SMBs navigate cybersecurity liability
Many cyber insurance policies require businesses to adhere to specific conditions in order to be paid out if a claim is filed.