IT Brief Australia - Technology news for CIOs & IT decision-makers
Australia

Cyber insurance Stories

Australian Stories

Cyber insurance stories

PhishByte warns spear phishing drives payment fraud losses
Phishing

PhishByte warns spear phishing drives payment fraud losses

Targeted email scams are pushing payment redirection fraud losses higher as Australian firms lose more than AUD $166.8 million.

By Joseph Gabriel Lagonsin • 4 min read • This month
Tego warns of AI monoculture risk in healthcare insurance
Generative AI

Tego warns of AI monoculture risk in healthcare insurance

Existing medical malpractice and cyber policies may leave hospitals exposed as AI-related claims rise and liabilities spread across vendors.

By Sean Mitchell • 5 min read • This month

Global Stories

Cyber insurance stories

CrowdStrike expands QuiltWorks with AWS on AI security
Data Protection

CrowdStrike expands QuiltWorks with AWS on AI security

AWS customers will gain broader visibility into AI and cloud risks as CrowdStrike adds new monitoring, trials and private connectivity.

By Sean Mitchell • 4 min read • 3 days ago
Cork Cyber wins Pax8 Startup Vendor of the Year award
Phishing

Cork Cyber wins Pax8 Startup Vendor of the Year award

MSPs may see fewer alerts and lower workloads as the security vendor expands its Pax8 channel reach after a startup award win.

By Joseph Gabriel Lagonsin • 4 min read • 5 days ago
Insurers face cyber & climate loss surge, NTT DATA says
Data Analytics

Insurers face cyber & climate loss surge, NTT DATA says

Uninsured cyber and climate claims are widening a gap that could leave insurers exposed to more than USD $700 billion in losses by 2030.

By Sofiah Nichole Salivio • 3 min read • Last week
Global cyber attacks fall but ransomware jumps 48%
Data Protection

Global cyber attacks fall but ransomware jumps 48%

Ransomware losses worsened in May as attacks climbed 48% year on year, despite a 7% drop in overall cyber incidents.

By Sofiah Nichole Salivio • 4 min read • Last week
Healthcare data fuels underground cybercrime economy
Data Protection

Healthcare data fuels underground cybercrime economy

Stolen patient records are now being traded alongside ransomware access, deepening risks for hospitals, suppliers and insurers across the sector.

By Mark Tarre • 4 min read • Last week
Arms Cyber launches AI policy enforcement for endpoints
Disaster Recovery

Arms Cyber launches AI policy enforcement for endpoints

The new feature targets shadow AI on laptops and desktops, helping security teams block data leaks before models can access sensitive files.

By Mark Tarre • 4 min read • This month
ESET report finds 45% of SMBs hit by cyber incidents
Malware

ESET report finds 45% of SMBs hit by cyber incidents

Nearly half of small businesses suffered cyber incidents last year, despite most saying they were confident in their defences.

By Sofiah Nichole Salivio • 4 min read • This month
Financial ransomware & supplier risks rise, report warns
Ransomware

Financial ransomware & supplier risks rise, report warns

Banks and investment firms face mounting exposure as ransomware incidents jump and more than half of vendors carry high-severity flaws.

By Karen Joy Bacudo • 4 min read • This month
eSentire adds offensive AI features & names cyber chief
Security Operations Centres

eSentire adds offensive AI features & names cyber chief

Security teams face faster attack cycles as eSentire extends Atlas with agentic AI and appoints Ilan Mindel as Chief Cyber Officer.

By Sofiah Nichole Salivio • 4 min read • This month
KYND launches cyber analytics in 15 languages for SMEs
Software-as-a-Service

KYND launches cyber analytics in 15 languages for SMEs

Insurers and brokers may find it easier to assess SME cyber exposure after KYND expanded its risk platform into 15 local languages.

By Joseph Gabriel Lagonsin • 3 min read • This month
CrowdStrike expands QuiltWorks with cyber insurers
Digital Transformation

CrowdStrike expands QuiltWorks with cyber insurers

Cyber insurers are now joining CrowdStrike's front-line AI risk framework as boards face faster exploit-to-loss cycles and tougher underwriting scrutiny.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Cyber insurance stories

CyberCube & Affinity Marketplace streamline SME cyber quotes
Cybersecurity

CyberCube & Affinity Marketplace streamline SME cyber quotes

Brokers can now place SME cyber cover faster, with risk data and automated quotes shared in one workflow on the Affinity platform.

By Sofiah Nichole Salivio • 3 min read • 3 days ago
QBE warns ransomware is top construction cyber threat
Malware

QBE warns ransomware is top construction cyber threat

Each incident can halt site operations for 24 days on average as attackers exploit the sector's growing use of connected digital tools.

By Sean Mitchell • 3 min read • Last week
CyberHub launches for UK firms as bill tightens rules
Data Protection

CyberHub launches for UK firms as bill tightens rules

UK firms face tighter cyber rules and faster reporting deadlines, as a new package combines protection, compliance and insurance cover.

By Joseph Gabriel Lagonsin • 4 min read • This month
Hubtel & Konsileo launch cyber insurance package
Disaster Recovery

Hubtel & Konsileo launch cyber insurance package

UK firms face tighter cyber rules, and a new bundled offer from Hubtel IT and Konsileo aims to cut compliance gaps and claims risk.

By Joseph Gabriel Lagonsin • 4 min read • Last month