Cyber insurance stories
Rising cyber losses are leaving small firms exposed, with only about 10% of SMEs worldwide covered despite claims support that can cover 70% of costs.
Many firms still lack recoverable copies of critical data as ransomware increasingly targets cloud and SaaS systems, experts warn.
Managed service providers could spot missing protections and wasted licences sooner as the new engine pulls data from existing security tools.
Cork Cyber unveils an AI-driven asset analysis engine for MSPs, tackling zombie assets, coverage gaps and licence waste across client estates.
Kroll warns boards are overestimating cyber resilience as attacks cost firms an average USD $2.2 million a year and response plans lag reality.
Black Kite weaves Open FAIR into its platform to automate financial loss estimates in third-party cyber risk assessments and reviews.
Nozomi again lands in Gartner's Leaders quadrant for CPS protection, topping four key use cases in the 2026 Critical Capabilities report.
Tech Mahindra and Rubrik roll out AI-led cyber recovery service to speed clean data restoration and cut downtime after ransomware attacks.
Ransomware drives over half of UK cyber incidents as data loss surges, with healthcare, retail and complex supply chains hardest hit.
LevelBlue launches Resilience Retainer, a flexible funds-based cyber incident response service with rapid SLAs and rollover security spend.
New SonicWall firewall upgrades promise MSPs and MSSPs lower costs, higher margins and stronger security-driven recurring revenue.
Codific warns power grids face repeat cyberattack patterns and urges utilities to bolster resilience to outages and cascading disruption.
Beachhead launches ComplianceEZ 2.0 with an AI chatbot, real-time scoring and alerts to help MSPs manage complex cybersecurity compliance.
Akamai teams with NVIDIA to launch agentless Zero Trust segmentation for OT, offloading security to BlueField DPUs to protect critical infrastructure.
Cyber insurer Converge taps KYND's risk intelligence to scale US digital underwriting while chasing profitable cyber insurtech growth.
OpenText rolls out its revamped Secure Cloud in Australia, targeting MSPs with unified security, backup and local AUD $ billing tools.
'Shadow AI' misuse by staff has surged as a top cyber threat for New Zealand firms, fuelling rising losses and extortion pressures.
Delta launches zero-deductible cyber cover in Singapore, promising instant quotes via a five-point digital assessment for SMEs across Asia.
KYND appoints Aaron Aanenson to spearhead its North American cyber insurance push, targeting sharper SME risk assessment and underwriting.
Infotrust sells its Nexgen cloud and communications unit for AUD $50m to bankroll acquisitions and double down on sovereign cyber security.