Cyber criminals, especially the organised gangs indulging in these activities, are revising the ways they blackmail their victims as the ransomware payments are tapering down according to a new report.
Australia has released its 2023-2030 Australian Cyber Security Strategy, which outlines its vision of a cyber secure Australia. The strategy also details how the country will get there.
A new survey has revealed that for the first time, businesses are more concerned about extreme weather affecting operations in 2030 than they are about cyber attacks.
Malicious cyber activity in Australia continued to increase in frequency, cost and severity in 2023 compared to the previous year according to the fourth ASD Cyber Threat Report released in November 2023.
Australian cyber insurance cover buyers will now be able to buy and make use of innovative active cyber insurance products. The US based cyber managing general agent and cyber security firm Coalition, will now offer its innovative active cyber insurance products to Australian buyers too.
Startup founders are looking at cyber insurance with interest more than ever, with 83% talking to their investors and boards about cyber protection covers often or always - a 42% increase year-over-year according to a new report.
Indian organisations are not capable of preventing almost half of cyber attacks as 64% of cyber security teams are too busy fighting critical incidents to take a proactive stance according to a new report.
Ransomware attacks continue to grow at a record-breaking pace, with global ransomware attack frequency in the third quarter of 2023 up by 11% as compared to second quarter of the year and 95% surge year-over-year according to a new report.
An alliance of forty countries led by the US has pledged never to pay ransom to cyber criminals and to work toward eliminating the hackers' funding mechanism.
Three themes -- Transition, Technology and Talent - will help the insurance sector to unlock and accelerate the value of insurance, according to Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and chairman of the Monetary Authority of Singapore.