Cyber insurance stories - Page 6

Trustwave and Cybereason announce a merger to enhance cybersecurity solutions, with SoftBank as the majority investor, set to close in early 2025.

A recent Guardz survey reveals 77% of MSPs face operational hurdles managing multiple cybersecurity tools for small business clients.

Coalition enhances its Australian team with the addition of three cybersecurity experts, bolstering efforts to protect local SMEs from digital risks.

A Fortinet report reveals that nearly 70% of organisations find their staff lack basic security awareness, amid rising AI-driven cyber threats.

Kaseya's 2024 Cybersecurity Survey reveals human behaviour as the top concern for IT professionals, affecting 89% of respondents amid rising cyber threats.

BeyondTrust's cybersecurity forecast for 2025 predicts a transformative shift as emerging identity risks and quantum threats reshape security strategies.

Ransomware activity rose by 2.3% in Q3 2024, with 'RansomHub' overtaking 'LockBit' as the most active group, according to ReliaQuest's latest report.

In Cyber Awareness Month, Concentric AI highlights strategies using Data Security Posture Management to enhance the security of sensitive data across systems.

A new report reveals that only 50% of Australian executives feel their businesses can handle cyber threats, compared to 84% in the UK and US.

Australia proposes cyber security legislation mandating companies to report ransomware payments, aiming to enhance transparency amidst rising cyber threats.

A survey shows 99% of CISOs at large enterprises fear job loss after breaches, as they confront evolving cyber threats and inadequate security measures.

Australian cybersecurity professionals face rising job stress amid increased threats and low budgets, with 53% anticipating a cyberattack within a year.

A new Cohesity survey reveals a stark reality: 67% of firms suffered ransomware attacks in 2024 despite 78% having confidence in their cyber resilience.

The recent CrowdStrike outage, affecting 8.5 million devices globally, has raised urgent calls for improved cybersecurity measures and rigorous software testing.

Australian companies overestimate their cyber resilience amid rising attacks, with 60% having faced ransomware recently and many willing to pay ransoms.

Acronis reintroduces True Image with superior cybersecurity, tackling modern threats and offering an all-in-one backup solution for home users.

Cysurance partners with Sophos to bring its successful US cyber protection program to Australia, offering enhanced ransomware protection and cyber-insurance policies.

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.

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.

Some 76% of firms bolstered cyber defences to secure insurance, though many remain unclear on coverage specifics amid rising attack recovery costs.