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Cyber insurance Stories - Page 2

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Cyber insurance stories

Insurers warned of hidden AI exposure across portfolios
Data Protection

Insurers warned of hidden AI exposure across portfolios

Insurers face accumulating losses if the same AI platforms sit undetected across multiple policyholders, KYND has warned.

By Karen Joy Bacudo • 4 min read • Last month
Spektrum Labs appoints Oscar Chavez-Arrieta to lead channel
Software-as-a-Service

Spektrum Labs appoints Oscar Chavez-Arrieta to lead channel

MSPs and MSSPs face rising pressure to prove security controls work, as cyber insurers and clients demand more evidence of resilience.

By Mark Tarre • 4 min read • Last month
Aon expands data centre insurance cover to USD $5 billion
Data centers

Aon expands data centre insurance cover to USD $5 billion

Rising demand from AI and cloud projects is driving broader protection for data centre developers, operators and lenders.

By Mark Tarre • 3 min read • Last month
SonicWall & CyberCert launch SMB1001 push for MSPs
Partner Programmes

SonicWall & CyberCert launch SMB1001 push for MSPs

Smaller businesses under pressure from insurers and buyers can now turn existing SonicWall security setups into SMB1001 certification evidence.

By Mark Tarre • 4 min read • Last month
AI speeds ransomware, forcing firms to focus on recovery
Malware

AI speeds ransomware, forcing firms to focus on recovery

Ransomware recovery plans must now verify data integrity, as AI helps attackers move faster across connected systems, Index Engines says.

By Mark Tarre • 4 min read • Last month
Citrix adds MCP Gateway to NetScaler for AI traffic
Data Protection

Citrix adds MCP Gateway to NetScaler for AI traffic

Enterprises can now control both chatbot and agent traffic through one gateway as Citrix expands NetScaler for regulated AI deployments.

By Sean Mitchell • 4 min read • Last month
Frame launches AI campaign against social engineering
Digital Transformation

Frame launches AI campaign against social engineering

Rising use of deepfakes and voice cloning is forcing firms to rethink staff training as insurers and buyers scrutinise human risk more closely.

By Sean Mitchell • 4 min read • Last month
UK firms face major cloud outage risk, report says
Disaster Recovery

UK firms face major cloud outage risk, report says

A 24-hour failure at a key Amazon Web Services region could wipe out GBP £1 billion in revenue for exposed UK companies, the report says.

By Sofiah Nichole Salivio • 5 min read • Last month
Financial services breach risk rises as AI adoption surges
Malware

Financial services breach risk rises as AI adoption surges

Breaches are hitting lenders harder as AI adoption speeds up, with 98 per cent of affected firms saying the impact was material.

By Sean Mitchell • 4 min read • Last month
German SMEs face lower cyber losses, but risks stay high
Malware

German SMEs face lower cyber losses, but risks stay high

Average losses from successful attacks have fallen sharply, but one in three German SMEs says a major breach could still threaten its existence.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Summer holidays leave firms more exposed to cyber fraud
Network Security

Summer holidays leave firms more exposed to cyber fraud

Reduced staffing and delegated approvals during annual leave are giving fraudsters more chances to slip through corporate checks, Everywhen says.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Cyber insurance stories

Which New Zealand companies are most likely to be targeted by Ransomware hackers?
Data Protection

Which New Zealand companies are most likely to be targeted by Ransomware hackers?

Mid-market firms in financial, insurance and consulting services face the highest ransomware risk, with attacks now striking faster and costing far more.

By Anthony Cooke • 4 min read • Last month
Mid-market CFOs don't need more cybersecurity tools; they need a cybersecurity leader
Data Protection

Mid-market CFOs don't need more cybersecurity tools; they need a cybersecurity leader

Mid-sized firms risk wasting cybersecurity spend unless one executive is accountable for translating alerts into financial and operational decisions.

By Maxime Cousseau • 5 min read • Last month
Ransomware victims surge to 7,551 as attacks fragment
Software-as-a-Service

Ransomware victims surge to 7,551 as attacks fragment

Ransomware attacks spread through vendor systems and AI-aided tactics, leaving 7,551 publicly disclosed victims in the latest 12-month period.

By Sean Mitchell • 4 min read • Last month
Semperis' Hargraves says real-time documentation boosts cyber resilience
Disaster Recovery

Semperis' Hargraves says real-time documentation boosts cyber resilience

Real-time logging during cyber incidents helps firms rebuild events accurately and close gaps faster after attacks, Marie Hargraves says.

By Jake MacAndrew • 5 min read • Last month
PhishByte warns Essential Eight misses phishing risk
Multi-factor authentication

PhishByte warns Essential Eight misses phishing risk

Businesses risk false confidence if they meet the ACSC framework but leave staff exposed to phishing, social engineering and fake MFA prompts.

By Sean Mitchell • 4 min read • Last month
Coalition launches enterprise cyber insurance in US
Data Protection

Coalition launches enterprise cyber insurance in US

The move gives large US businesses up to USD $25 million in cover as insurers grapple with faster, costlier cyber attacks.

By Sofiah Nichole Salivio • 4 min read • Last month
Cyber risk is no longer an IT issue, it's a leadership issue
Data Protection

Cyber risk is no longer an IT issue, it's a leadership issue

Almost half of Irish businesses faced at least one cyber attack last year, exposing hidden costs that can hit operations, cash flow and trust.

By Richard O ‘Dwyer • 4 min read • Last month