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Cyber insurance Stories - Page 8

Global Stories

Cyber insurance stories

Australasian firms face tougher cyber cover rules than global peers
Ransomware

Australasian firms face tougher cyber cover rules than global peers

Australian and New Zealand businesses face tougher cyber insurance rules, needing six security controls versus a global average of five amid rising cyber threats.

By Melvin Hipolito • 3 min read • Thu, 14th Aug 2025
SonicWall debuts Gen 8 platform with firewalls & USD $200,000 warranty
Firewalls

SonicWall debuts Gen 8 platform with firewalls & USD $200,000 warranty

SonicWall launches its Generation 8 platform with nine new firewalls and an embedded cyber warranty covering up to USD $200,000 for enhanced MSP cybersecurity services.

By Melvin Hipolito • 4 min read • Thu, 14th Aug 2025
Ready on paper, not in practice: The incident response gap in Australian organisations
Ransomware

Ready on paper, not in practice: The incident response gap in Australian organisations

Despite 97% of Australian firms having cyber incident plans, 76% faced major disruptions last year, revealing a gap between readiness on paper and in action.

By Gerry Sillars • 5 min read • Thu, 14th Aug 2025
OT cyber incidents may cost up to USD $329.5 billion globally
Risk & Compliance

OT cyber incidents may cost up to USD $329.5 billion globally

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.

By Melania Watson • 4 min read • Wed, 13th Aug 2025
OT cyber incidents could cost USD $329.5b, report warns
Risk & Compliance

OT cyber incidents could cost USD $329.5b, report warns

A new report warns OT cyber incidents could cost USD $329.5 billion, urging firms to boost security controls and improve risk management practices.

By Jed Nykolle Harme • 3 min read • Wed, 13th Aug 2025
Endpoint Central users save $4.5 million with 442% ROI in study
Human Capital Management

Endpoint Central users save $4.5 million with 442% ROI in study

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.

By Catherine Knowles • 3 min read • Thu, 7th Aug 2025
AI-driven cyber attacks surge as APAC risk leaders feel unprepared
Disaster Recovery

AI-driven cyber attacks surge as APAC risk leaders feel unprepared

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.

By Melvin Hipolito • 4 min read • Mon, 4th Aug 2025
Nearly half of firms unprepared for post-quantum cyber risks
Data Protection

Nearly half of firms unprepared for post-quantum cyber risks

Nearly half of enterprises remain unprepared for cybersecurity risks posed by quantum computing, with mid-sized firms most vulnerable, Keyfactor research reveals.

By Jed Nykolle Harme • 4 min read • Thu, 31st Jul 2025
Qantas data breach highlights need for strong risk management
Data Protection

Qantas data breach highlights need for strong risk management

Qantas's robust data management at least identified a recent breach via a third party, protecting sensitive customer information amid rising cyber threats.

By Kaleah Salmon • 3 min read • Thu, 3rd Jul 2025
A managed protection service suite empowers MSPs to scale their businesses effectively
Firewalls

A managed protection service suite empowers MSPs to scale their businesses effectively

A Managed Protection Service Suite helps MSPs scale their businesses efficiently while enhancing security and customer service for SMB clients.

By Debasish Mukherjee • 3 min read • Mon, 30th Jun 2025
Most firms unprepared for rising supply chain cyber threats
Ransomware

Most firms unprepared for rising supply chain cyber threats

A SecurityScorecard survey reveals 88% of cybersecurity leaders worry about supply chain risks, yet most firms lack effective active defence measures.

By Catherine Knowles • 4 min read • Thu, 26th Jun 2025
Arctic Wolf celebrates top ANZ partners as channel network doubles
Semiconductors

Arctic Wolf celebrates top ANZ partners as channel network doubles

Arctic Wolf has doubled its ANZ partner network, naming REDD, CSW-IT, and Ethan Global as 2025 Partner of the Year award recipients.

By Melvin Hipolito • 3 min read • Fri, 13th Jun 2025

Stories from Other Regions

Cyber insurance stories

Australian firms face surge in AI-driven cyber attacks & scams
Advanced Persistent Threat Protection

Australian firms face surge in AI-driven cyber attacks & scams

Australian firms face escalating AI-driven cyber attacks and supply chain risks, challenging traditional defences in Aon's 2025 Cyber Risk Report.

By Sean Mitchell • 3 min read • Thu, 21st Aug 2025
Coalition launches incident response operations in Australia
Advanced Persistent Threat Protection

Coalition launches incident response operations in Australia

Coalition has launched incident response operations in Australia, appointing Praneil Kumar to lead local cybersecurity efforts and support businesses against digital threats.

By Kaleah Salmon • 3 min read • Thu, 14th Aug 2025
Upcover & Coalition unveil digital cyber insurance for SMBs
Risk & Compliance

Upcover & Coalition unveil digital cyber insurance for SMBs

Upcover partners with Coalition to launch a digital cyber insurance platform, swiftly protecting Australian SMBs and startups with tailored coverage online.

By Shannon Williams • 3 min read • Thu, 7th Aug 2025
Fiji adopts first Pacific managed security mapped to ASD ISM
Advanced Persistent Threat Protection

Fiji adopts first Pacific managed security mapped to ASD ISM

Fiji now has the Pacific's first managed security service aligned with the updated Australian Signals Directorate ISM, enhancing cyberdefence for local businesses.

By Melvin Hipolito • 3 min read • Mon, 28th Jul 2025
Spectra launches cyber resilience certification for MSPs
Risk & Compliance

Spectra launches cyber resilience certification for MSPs

Spectra launches a cyber resilience certification for MSPs, backed by a specialist advisory board to improve cybersecurity and insurance outcomes.

By Catherine Knowles • 4 min read • Thu, 26th Jun 2025
Digimune launches cyber risk protection across Australia with AWN
Advanced Persistent Threat Protection

Digimune launches cyber risk protection across Australia with AWN

Digimune teams with AWN Insurance to launch comprehensive cyber risk protection across Australia for individuals and businesses amid rising digital threats.

By Sean Mitchell • 3 min read • Thu, 5th Jun 2025