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Cyber insurance Stories - Page 15

Australian Stories

Cyber insurance stories

BizCover continues to excel with new cyber insurance offering
Cybersecurity

BizCover continues to excel with new cyber insurance offering

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

By Tom Raynel • 4 min read • Thu, 27th Apr 2023
Australian economy at risk of losing billions to cyber attacks
EduTech

Australian economy at risk of losing billions to cyber attacks

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.

By Shannon Williams • 4 min read • Thu, 3rd Nov 2016

Global Stories

Cyber insurance stories

50% of companies fell victim to ransomware in the last year
EduTech

50% of companies fell victim to ransomware in the last year

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.

By Tom Raynel • 4 min read • Thu, 27th Apr 2023
68% of organisations experienced a known cyberattack within the last 12 months
Cybersecurity

68% of organisations experienced a known cyberattack within the last 12 months

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.

By Shannon Williams • 3 min read • Fri, 21st Apr 2023
You've dealt with the ransomware, how come it's back?
Firewalls

You've dealt with the ransomware, how come it's back?

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

By Mark Lukie • 4 min read • Thu, 20th Apr 2023
Businesses not confident cyber insurance will cover cyber risk
Ransomware

Businesses not confident cyber insurance will cover cyber risk

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.

By Shannon Williams • 3 min read • Fri, 3rd Mar 2023
Monitoring, measuring and secure design patterns the future of cybersecurity
Application Performance Monitoring

Monitoring, measuring and secure design patterns the future of cybersecurity

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.

By Heather Wright • 3 min read • Wed, 2nd Nov 2016

Stories from Other Regions

Cyber insurance stories

Construction and manufacturing top industries hit by ransomware
Data Protection

Construction and manufacturing top industries hit by ransomware

Construction and manufacturing firms face the highest ransomware risk, as attacks cost businesses millions and can halt operations.

By Michael Curreen • 3 min read • Wed, 17th Nov 2021
Major cyberattack a matter of when, not if
Malware

Major cyberattack a matter of when, not if

Health services could face major disruption as officials warn a severe cyberattack is likely, with insurance cover still scarce among firms.

By Staff Writer • 2 min read • Wed, 5th Jul 2017
Ransomware attacks highlight need for insurance
Malware

Ransomware attacks highlight need for insurance

Barely five per cent of New Zealand firms have cyber cover, leaving them exposed as ransomware claims and attacks climb sharply.

By Staff Writer • 3 min read • Tue, 23rd May 2017