2+ hour, 6+ min ago   (443+ words) Threats to individuals and client assets surged by more than a third in 2025, becoming the most frequently reported incident type handled by a major corporate crisis management service. The incidents accounted for 37% of all cases reported to Alert:24, the in-house…...

20+ hour, 35+ min ago   (784+ words) Government entities show uneven cyber implementation, persistent capability gaps'Insurance Business Australia's cyber posture shows progress - but gaps in controls and reporting keep insurers on alert New ASD data reveals uneven cyber maturity across federal entities, rising incident activity, and escalating…...

1+ day, 4+ hour ago   (597+ words) Kroll has released a report warning that cyber incidents have'become a "material transaction risk" for private equity (PE), causing significant value destruction across the deal lifecycle and rising in frequency.' The report, based on a survey of 325 PE firm executives,…...

1+ day, 18+ hour ago   (468+ words) A major data breach that exposed thousands of investors" personal details has led to a $2.5 million penalty against FIIG Securities Limited, after the Federal Court found the firm breached its Australian Financial Services (AFS) licence obligations in relation to cyber…...

1+ day, 23+ hour ago   (752+ words) For years, cyber risk conversations have centred on patching, perimeter controls and the latest vulnerability. Rafael Sanchez (pictured), head of cyber services at Beazley, thinks that the focus misses where the most durable threat really lies. "Social engineering is very…...

5+ mon, 1+ week ago   (369+ words) The Nevada Division of Insurance website and several other state agency systems were taken offline after a ransomware incident was identified on August 24. The Office of Emergency Management (OEM) reported that teams isolated and shut down certain systems to contain…...

5+ mon, 1+ week ago   (282+ words) Identity theft is becoming one of the fastest-growing threats to the insurance sector, with the National Insurance Crime Bureau (NICB) warning that cases involving fraudulent use of stolen or fabricated identities are set to rise nearly 50% by the end of…...

5+ mon, 1+ week ago   (561+ words) Jaguar Land Rover (JLR), Britain's largest carmaker, has found itself at the centre of a growing wave of cyber incidents that are testing the resilience of UK manufacturers and highlighting fresh challenges for the insurance sector. The company confirmed that…...

5+ mon, 2+ week ago   (374+ words) Organizations that regularly test their cyber incident response plans are significantly less likely to face breach-related insurance claims, according to new research from Marsh McLennan's Cyber Risk Intelligence Centre (CRIC). The study, Cybersecurity signals: Connecting controls and incident outcomes, found…...

5+ mon, 2+ week ago   (215+ words) Co-operators has appointed Aayaz Pira as senior vice-president and chief information officer, effective September 2, in a move that highlights the growing emphasis Canadian insurers are placing on digital leadership." Pira (pictured above) will report directly to president and CEO Rob…...