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Technology news for New Zealand's largest enterprises

Cybersecurity insurance news stories

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Ransomware
Ransomware, cyber insurance and unbreakable backup key reflections of 2021
Enterprises recognised the need to protect themselves against a ransomware-related class action lawsuit, and began preparations for a worst-case scenario. 
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Cybersecurity insurance
Cloudflare partners with leading cyber insurers and incident response providers
Cloudflare has announced partnerships with leading cyber insurance companies to help businesses manage their risks online. 
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Cybersecurity insurance
COVID-19 could boost need for cyber insurance
The reality is that most individuals don’t have adequate protection or knowledge of how to get protection.
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Cybercrime
Cyber attacks worsening among Australian businesses, costing economy $1 billion a year
"Cybercrime is becoming increasingly sophisticated and is harming more and more Australians each day."
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Cybersecurity insurance
RapidFire Tools helps MSPs and SMBs navigate cybersecurity liability
Many cyber insurance policies require businesses to adhere to specific conditions in order to be paid out if a claim is filed.
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Outsourcing
Interview: The inside word on Exabeam's State of the SOC report
"Sny disconnect between SOC leadership, and those on the ground managing day-to-day operations – no matter how small - should signal an alarm bell."
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Cybersecurity insurance
Why Australian businesses should add cybersecurity to the end of financial year checklist
Australian organisations should be looking at their ICT security as part of their planning process for the new financial year.
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Cybersecurity insurance
Cyber insurance may have big part in Australia's future if data breach lawsuits gain ground
Class-action lawsuits may now be a reality under Australia’s mandatory notifiable data breach (NDB) legislation that is now in effect.
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Cybersecurity insurance
Clyde & Co appoints Sydney-based cybersecurity partner
Clyde & Co expects that breach notification requirements will lead to an increase in demand for specialised advice across Australia this year.
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Cybercrime
New Zealand is one of the 'Cyber Five' APAC countries most at risk of cyber attacks
According to Delta, there is now a perception that a cyber attack victim is punished by publicity, rather than the perpetrator.
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Ransomware
IoT, cryptocurrency, Linux & WiFi hacks: WatchGuard's security predictions for 2018
WatchGuard Technologies has whipped up some key IT security predictions ranging from IoT botnets to Linux attacks.
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Cybersecurity insurance
Cyber insurance: Is it enough? Manage risk, review current platforms & Ensure Availability
Cyber insurance though can be a ‘hit and miss’ proposition, hoping your business is covered because of the complexities and pathways involved.
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Cybersecurity insurance
Chubb includes cyber insurance as part of new SME offering for Australians
"Not only will it cover all the typical exposures small business owners face in their day-to-day operations but it will also cover emerging risks."
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Cybersecurity insurance
Delta Insurance takes tech & cyber liability insurance to South Island firms
the company has concentrated heavily on its cyber and tech liability offerings, which Samson says is a good fit for South Island tech companies.
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Cybersecurity insurance
Local firm claims 'Australian-first' for SMB cybersecurity
Australia’s Small Business Minister Michael McCormack joined local cybersecurity firm Cyber Plus to announce the launch of a cyber tool ‘bundle’.
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Cybersecurity insurance
A look at the Fortinet-CIS collaboration & how it will change cyber risk management in A/NZ
Fortinet and Australian Insurtech company Cyber Indemnity Solutions (CIS) are collaborating on a security assessment program.
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Cybersecurity insurance
Red Sentry & ComfortDelGro to serve security insurance for Singapore enterprises
Singapore-based security provider Red Sentry now has a major alliance with Singapore's major insurance broker ComfortDelGro (CDGI).
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Ransomware
New Zealand businesses still sluggish in cyber insurance takeup
“Sophisticated cyber insurers are conscientious around understanding accumulations for various cyber disaster scenarios."
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Cybersecurity insurance
Are NSW small businesses too confident about their security?
“Going digital can be a fantastic way of growing your business but there's no room for complacency - the risks are real."
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Cybersecurity insurance
Interview: RedShield's lowdown on TLS, DDoS & why breach legislation is good for everyone
“What you have is enough companies that don’t have mitigation service providers in place that still make the attacker’s job fairly easy."
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Cybersecurity
Verizon & NTU to analyse attack impacts on Singapore's cybersecurity insurance industry
"Getting access to real cybercrime data is a huge boon to the insurance industry."
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Cybersecurity insurance
UpGuard brings cyber resilience expertise back to APAC 'where it all began'
Cyber resilience platform providers UpGuard has put down further roots in APAC with a new office in Sydney, focusing on 'where it all began'.
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Cybersecurity
Cyber insurance is only part of the overall security equation
Latest statistics show that more than 28 billion people will be connected to the Internet of Things in 2017, rising to 34 billion-plus next year.
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Cybersecurity insurance
Cyber insurance in Australia set to rise in the wake of increasing attacks
Many are still unfamiliar with cyber insurance and may not realise their normal business insurance does not cover loss as a result of cyberattacks."