Cyber insurance stories
OT cyber incidents could cause up to USD $329.5 billion in global losses, with business interruption making up over half of the projected impact, says a new report.
A new report warns OT cyber incidents could cost USD $329.5 billion, urging firms to boost security controls and improve risk management practices.
ManageEngine's Endpoint Central saved users $4.5 million with a 442% ROI and payback in under six months, per Forrester's three-year economic impact study.
APAC faces a 29% rise in AI-driven cyber attacks, with 98% of risk leaders feeling unprepared to tackle the surge in fraud and tech disruptions.
Nearly half of enterprises remain unprepared for cybersecurity risks posed by quantum computing, with mid-sized firms most vulnerable, Keyfactor research reveals.
Qantas's robust data management at least identified a recent breach via a third party, protecting sensitive customer information amid rising cyber threats.
A Managed Protection Service Suite helps MSPs scale their businesses efficiently while enhancing security and customer service for SMB clients.
A SecurityScorecard survey reveals 88% of cybersecurity leaders worry about supply chain risks, yet most firms lack effective active defence measures.
Arctic Wolf has doubled its ANZ partner network, naming REDD, CSW-IT, and Ethan Global as 2025 Partner of the Year award recipients.
SonicWall launches a cybersecurity suite for MSPs featuring next-gen firewalls, cloud-native platform, managed services and a cyber warranty up to USD $2 million.
Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.
Arctic Wolf launches Incident360 Retainer, blending proactive readiness with full incident response, promising up to 70% savings on major cyberattack recovery costs.
Global cybersecurity spending is set to exceed USD $200 billion in 2024 as firms boost defences against rising cyber threats amid digital growth.
Coalition has launched incident response operations in Australia, appointing Praneil Kumar to lead local cybersecurity efforts and support businesses against digital threats.
Upcover partners with Coalition to launch a digital cyber insurance platform, swiftly protecting Australian SMBs and startups with tailored coverage online.
Fiji now has the Pacific's first managed security service aligned with the updated Australian Signals Directorate ISM, enhancing cyberdefence for local businesses.
Spectra launches a cyber resilience certification for MSPs, backed by a specialist advisory board to improve cybersecurity and insurance outcomes.
Digimune teams with AWN Insurance to launch comprehensive cyber risk protection across Australia for individuals and businesses amid rising digital threats.
Sophos has teamed up with Capsule to simplify cyber insurance for SMBs, offering discounted premiums linked to Sophos cybersecurity solutions via MSPs.
Google Cloud expands its Risk Protection Program to Australia, partnering with Beazley and Chubb to tackle rising cyber threats and meet regulatory demands.