Cyber Risk stories

Research by Panaseer reveals UK firms suffer GBP £10 billion losses annually due to cybersecurity control failures, highlighting urgent challenges for security leaders.

NormCyber has won a PICCASO Awards Europe trophy, recognised for bridging the gap in data privacy and security for businesses of all sizes.

Australian businesses face a rising threat of ransomware attacks, prompting Zscaler to launch its Zero Trust Segmentation solution to enhance digital security.

Trustwave and Cybereason announce a merger to enhance cybersecurity solutions, with SoftBank as the majority investor, set to close in early 2025.

Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.

UBDS Group has acquired 3B Data Security to bolster its UK cyber security capabilities, integrating 23 employees while preserving the firm's brand identity.

A study reveals just two out of 41 UK councils have cyber insurance, raising concerns over data security amid rising cyber threats and breaches.

Foodstuffs South Island has been honoured with Trend Micro's Customer Innovator Award for its advanced integration of cybersecurity into digital strategies.

A new report from ExtraHop reveals data breaches cost firms an average of USD $677 million, highlighting the severe financial impact on stock prices.

A new study by BlueVoyant reveals 81% of organisations faced supply chain breaches last year, despite advances in third-party risk management efforts.

ExtraHop's new report reveals that data breaches cost publicly traded companies an average of USD $677 million, significantly higher than previously thought.

ABB Electrification Service and Oktogrid have unveiled TRAFCOM, a pioneering digital monitoring solution for transformers aimed at modernising power grids.

ExtraHop has launched new file analysis features within RevealX, enhancing malware detection and ransomware defence for better cybersecurity responses.

Arctic Wolf's 2024 Human Risk Behaviour Report reveals alarming security practices among IT leaders in Australia and New Zealand, with over two-thirds reusing passwords.

A Trend Micro study highlights alarming cybersecurity gaps in Australia, with only 37% of organisations having adequate staffing for 24/7 coverage.

SailPoint's latest report reveals that advanced identity security practices enhance value for organisations, with 83% experiencing fewer security issues in 2023.

Research highlights critical cybersecurity gaps in business, citing insufficient staffing, inadequate attack surface management, and weak leadership commitment.

During National Scam Awareness Week, executives from Qualys, SailPoint, and CyberArk have stressed heightened vigilance and advanced security measures.

Global Fashion Group partners with Tenable to enhance AWS cloud security, adopting zero-trust measures and improving vulnerability management in ANZ, LATAM, and SEA.

ViCyber offers SMEs affordable, automated cyber solutions amid stricter regulations and rising cyber threat costs, aiming to prevent substantial losses.