Most of SMEs in Singapore are not supplementing their digitalisation strategies with adequate protection measures nor tapping into the support available to them according to a new survey conducted by QBE Singapore.
A new phishing tool, EvilProxy, has led to a significant increase in number of business e-mail compromises (BEC). This enables the phishing to bypass most forms of multi-factor authentication (MFA), thus compromising user accounts and ending in attempted payment fraud.
A new report by Global Federation of Insurance Associations (GFIA) has identified and quantified the most significant - and growing - annual global protection gaps: $1tn for pensions; $900bn for cyber; $800bn for health and $100bn for natural catastrophes.
The country's insurance sector is undertaking a digital transformation, with the Insurance Development and Regulatory Authority (IDRA) planning to bring all private companies under one umbrella through automation or InsurTech.
Nation-state cyber threat actors are expected to acquire and flex new offensive cyber capabilities in an increasingly polarised world according to a new report by cyber risk analytics company CyberCube.
Only 19% of the cyber security decision makers are fully confident that cyber insurance will cover their cyber risks in 2023 according to a new research report.
Cyber insurance business in China is entering into an unprecedented period of strategic opportunities from a governmental policy perspective, as is manifested in recent developments.
The Asia-Pacific region had the dubious distinction of having faced the most cyber attacks during 2022 according to IBM's threat intelligence platform.
A new report by Gartner predicts that by 2025 nearly half of cyber security experts will change jobs while 25% of these cyber security leaders will pursue different roles entirely due to workplace stress.
Captives can provide a useful alternative for cyber risk financing, especially since cyber insurance pricing has experienced some of the highest increases of any product line, according to Marsh Captive Solutions.