Cyber insurance stories - Page 8

The second edition of the eBook is updated and expanded and includes privileged access management requirements for cyber insurance in 2023.

Cyber insurance provider Cowbell announces appointment of Andrea Collins as first CMO, following continued corporate growth & global expansion.

The partnership will provide organisations with a cyber insurance checklist supporting their requirements for tailored cyber insurance policies.

Multiple key revelations are found in the report, and they all point to the continued threat of ransomware globally as they remain at peak levels.

Cybercrime is targeting small businesses more frequently, with Australian SMEs at high risk. Cyber insurance is now a necessity, says BizCover.

Over two-thirds of organisations have experienced a cyberattack in the past year, with 16% estimating the damage at $50k or more, says Netwrix report.

The research shows that in 2022, 33% of Australian ransomware victims were hit more than once, highlighting the need for improved cybersecurity measures.

Cyber security decision makers lack confidence in their cyber insurance, with only 19% sure it will cover their risks in 2023, according to a report by CSI.

Cyber attacks could cost Australia up to $16bn, according to a new study by specialist insurance firm Lloyd's. Sydney is the 12th most at-risk city.

There's a rebirth in monitoring and measuring security threats and a new movement in secure design patterns, says Tenable Network Security's Ron Gula.