Cyber insurance stories

Cowbell and Zurich roll out Prime One cyber cover for Australian SMEs, targeting firms up to AUD $100 million turnover with rapid broker access.

Arctic Wolf has been chosen as Chubb’s preferred MDR partner, tying cyber cover to continuous security monitoring for larger policyholders.

Upcover adds deepfake incident cover to cyber policies in Australia via Coalition, targeting rising AI impersonation and fraud risks.

Aon names London market veteran Alistair Clarke Head of Specialty in Australia, to steer cyber, M&A and complex risk lines from Sydney.

Apex Computing turns firewall upgrades into planned security strategy, helping clients avoid breaches, downtime and costly distressed buys.

SonicWall warns over 95% of cyber breaches stem from misconfigured tools, as firms lean on MSPs and cyber warranties to plug skills gaps.

Identity systems will become the linchpin of AI-era cyber defence as misconfigured automation opens new paths to sensitive data, Netwrix warns.

Significant UK cyberattacks jump 129%, with major incidents hitting firms’ finances, supply chains and insurance costs across the economy.

Squalify launches Essential CRQ, promising board-ready cyber loss estimates in 24 hours from 42 inputs, powered by Munich Re data.

Mantas raises USD $1.77m seed to launch parametric insurance that pays out automatically when verified cloud outages hit businesses.

Major firms are leaving known, actively exploited cyber flaws unpatched for six months or more, sharply heightening breach risks.

AI-powered attacks and defences, quantum threats and smart city risks are set to transform Australia’s cyber security landscape by 2026.

Ransomware attacks hit record highs in 2025 as Qilin overtakes LockBit, with victim numbers surging 58% and threat groups multiplying.

Tanium named a Leader in Gartner’s first Magic Quadrant for Endpoint Management Tools as demand for AI-driven autonomous IT surges.

AI is set to redefine cyber defence in 2026, forcing UK boards and public bodies to swap reactive security for automated, collective resilience.

Australia’s Cybersecurity Act drives a surge in breach reporting as attacks soar, exposing rising business losses and tougher penalties.

Nearly half of US small firms have suffered cyber attacks in five years as many still rely on untrained staff and weak defences to cope.

CybExer warns 2026 will bring “AI wars”, quantum-era encryption risks and stricter cyber insurance demands on organisational readiness.

SafePay ransomware is quietly crippling small firms, with leaked data showing over 90% of victims are SMBs and many attacks never disclosed.

Cowbell warns UK firms to brace for 2026 surge in AI-driven scams, data theft and supply chain hacks amid tighter cyber cover rules.