ChannelLife US - Industry insider news for technology resellers
United States

Cyber insurance Stories - Page 5

Global Stories

Cyber insurance stories

Global cyber attacks fall but ransomware jumps 48%
Data Protection

Global cyber attacks fall but ransomware jumps 48%

Ransomware losses worsened in May as attacks climbed 48% year on year, despite a 7% drop in overall cyber incidents.

By Sofiah Nichole Salivio • 4 min read • Thu, 11th Jun 2026
Healthcare data fuels underground cybercrime economy
Data Protection

Healthcare data fuels underground cybercrime economy

Stolen patient records are now being traded alongside ransomware access, deepening risks for hospitals, suppliers and insurers across the sector.

By Mark Tarre • 4 min read • Tue, 9th Jun 2026
Arms Cyber launches AI policy enforcement for endpoints
Disaster Recovery

Arms Cyber launches AI policy enforcement for endpoints

The new feature targets shadow AI on laptops and desktops, helping security teams block data leaks before models can access sensitive files.

By Mark Tarre • 4 min read • Sat, 6th Jun 2026
ESET report finds 45% of SMBs hit by cyber incidents
Malware

ESET report finds 45% of SMBs hit by cyber incidents

Nearly half of small businesses suffered cyber incidents last year, despite most saying they were confident in their defences.

By Sofiah Nichole Salivio • 4 min read • Fri, 5th Jun 2026
Financial ransomware & supplier risks rise, report warns
Ransomware

Financial ransomware & supplier risks rise, report warns

Banks and investment firms face mounting exposure as ransomware incidents jump and more than half of vendors carry high-severity flaws.

By Karen Joy Bacudo • 4 min read • Fri, 5th Jun 2026
eSentire adds offensive AI features & names cyber chief
Security Operations Centres

eSentire adds offensive AI features & names cyber chief

Security teams face faster attack cycles as eSentire extends Atlas with agentic AI and appoints Ilan Mindel as Chief Cyber Officer.

By Sofiah Nichole Salivio • 4 min read • Mon, 1st Jun 2026
KYND launches cyber analytics in 15 languages for SMEs
Software-as-a-Service

KYND launches cyber analytics in 15 languages for SMEs

Insurers and brokers may find it easier to assess SME cyber exposure after KYND expanded its risk platform into 15 local languages.

By Joseph Gabriel Lagonsin • 3 min read • Mon, 1st Jun 2026
CrowdStrike expands QuiltWorks with cyber insurers
Digital Transformation

CrowdStrike expands QuiltWorks with cyber insurers

Cyber insurers are now joining CrowdStrike's front-line AI risk framework as boards face faster exploit-to-loss cycles and tougher underwriting scrutiny.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 29th May 2026
Barracuda & CyberCert ease SMB1001 compliance for SMEs
Malware

Barracuda & CyberCert ease SMB1001 compliance for SMEs

SMBs in Australia and New Zealand could cut the cost and complexity of cyber certification through a new channel-led package.

By Mark Tarre • 4 min read • Tue, 19th May 2026
SMBs adopt AI faster than they secure it, Sage says
Data Protection

SMBs adopt AI faster than they secure it, Sage says

Many smaller firms lack the expertise and controls to counter AI-enabled phishing and deepfakes, Sage's research shows.

By Joseph Gabriel Lagonsin • 3 min read • Tue, 19th May 2026

Stories from Other Regions

Cyber insurance stories

QBE warns ransomware is top construction cyber threat
Malware

QBE warns ransomware is top construction cyber threat

Each incident can halt site operations for 24 days on average as attackers exploit the sector's growing use of connected digital tools.

By Sean Mitchell • 3 min read • Wed, 10th Jun 2026
PhishByte warns spear phishing drives payment fraud losses
Phishing

PhishByte warns spear phishing drives payment fraud losses

Targeted email scams are pushing payment redirection fraud losses higher as Australian firms lose more than AUD $166.8 million.

By Joseph Gabriel Lagonsin • 4 min read • Mon, 8th Jun 2026
Tego warns of AI monoculture risk in healthcare insurance
Risk & Compliance

Tego warns of AI monoculture risk in healthcare insurance

Existing medical malpractice and cyber policies may leave hospitals exposed as AI-related claims rise and liabilities spread across vendors.

By Sean Mitchell • 5 min read • Thu, 4th Jun 2026
CyberHub launches for UK firms as bill tightens rules
Data Protection

CyberHub launches for UK firms as bill tightens rules

UK firms face tighter cyber rules and faster reporting deadlines, as a new package combines protection, compliance and insurance cover.

By Joseph Gabriel Lagonsin • 4 min read • Mon, 1st Jun 2026
Hubtel & Konsileo launch cyber insurance package
Disaster Recovery

Hubtel & Konsileo launch cyber insurance package

UK firms face tighter cyber rules, and a new bundled offer from Hubtel IT and Konsileo aims to cut compliance gaps and claims risk.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 29th May 2026
Canadian firms flag AI-linked cyber risks from suppliers
Data Protection

Canadian firms flag AI-linked cyber risks from suppliers

Supplier oversight is becoming a bigger cyber priority as one in three Canadian businesses reported an AI-linked incident in the past year.

By Sofiah Nichole Salivio • 4 min read • Fri, 22nd May 2026
UK firms fear supplier AI cyber risks, QBE finds
Malware

UK firms fear supplier AI cyber risks, QBE finds

Most UK businesses using AI are not checking suppliers' systems, even as cyber incidents and revenue losses linked to third parties rise.

By Sean Mitchell • 3 min read • Thu, 21st May 2026
Hong Kong & Singapore upbeat on AI despite cyber risk
Data Protection

Hong Kong & Singapore upbeat on AI despite cyber risk

Supplier-linked attacks and AI-related incidents are testing cyber defences in Hong Kong and Singapore, despite strong confidence in the technology.

By Sofiah Nichole Salivio • 4 min read • Wed, 20th May 2026