Cyber insurance stories
Mid-market firms in financial, insurance and consulting services face the highest ransomware risk, with attacks now striking faster and costing far more.
Ransomware groups are keeping up pressure on smaller rivals, with mid-market firms still making up 73% of victims across North America and Europe.
Rising demand for cloud and AI services is pushing data centre risks into focus, prompting QBE to set up a dedicated insurance role.
Specialist cyber claims support in Australia is being expanded as the insurer deepens local service amid rising incident-response demands.
Smaller firms will gain access to CrowdStrike's AI-era cyber risk tools through new channel partners as threats accelerate and in-house defences lag.
Rising losses and tighter underwriting are forcing insurers to treat data centres as mission-critical infrastructure rather than specialist property.
By blocking stolen-logins abuse at file level, the new feature aims to curb both data theft and ransomware even after an account is compromised.
Customers can now scale firewall protection from a single branch to enterprise cloud estates without changing SonicOS or management tools.
Arctic Wolf has expanded its security portfolio with cyber resilience services, an AI-led SOC and a partner programme for exposure management.
The new capital will fund Horizon3's expansion into Asia-Pacific and Europe as demand for its attack-testing software grows among large enterprises.
A survey found 98% of breached firms suffered material damage as AI-driven attacks and visibility gaps strain defences.
UK and Irish resellers will gain access to N-able's security and recovery tools as Climb Channel Solutions broadens distribution beyond North America.
Eligible quotes for small firms can now be issued in minutes, as the insurer says AI is helping speed underwriting and product rollouts.
Eligible quotes now take minutes, as the system has lifted new business by 53% and shortened product launches to six weeks.
The combined group now serves more than 3,000 customers in 57 countries as Brinqa adds validation tools to close the remediation gap.
Higher first-half earnings and a lower combined ratio are underpinning a broader push to grow HDI Global's US large-corporate business.
The tie-up gives small IT teams a single console for backup and recovery, as ransomware and data extortion push resilience up the agenda.
Phishing and fraud still drive most insured cyber losses, as artificial intelligence makes familiar scams more effective for clients.
Customers can now track security weaknesses in real time, as GuardNest moves beyond annual checks to constant scanning and remediation.
Cyber incidents can quickly become business-wide crises unless leaders have already tested responses to disruption, scrutiny and uncertainty.