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.
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 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.