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News
40% of large firms underinsured amid cybercrime surge
1+ week, 4+ day ago (420+ words) AI is lowering the cost and complexity of launching cyber incidents — enabling scammers to commit breaches at unprecedented speed and amplifying the need for proper insurance. One in four cyber breaches were AI-enabled in the first half of 2026, driving up…...
Two in five Singapore firms plan cyber insurance within 12 months
2+ week, 21+ hour ago (291+ words) Deepfake or voice-cloning attacks affected 39% of respondents. Cyber insurance is becoming a higher priority for Singapore organisations as the growing use of artificial intelligence (AI) exposes businesses to new cyber risks, according to ESET’s Enterprise Cybersecurity Report 2026. Some 36% of organisations…...
'Cognizant alerts customers about cyber attack': AI company offers $1 million insurance policy to customers...
3+ week, 3+ day ago (222+ words) IT services giant Cognizant has alerted affected customers about a security data breach, reported business portal, MoneyControl. To help protect those whose personal data was exposed, the company is providing free protection services, including a $1 million or ₹9.50 crore identity theft…...
How cyber insurance gaps can leave factory damage uncovered
3+ week, 5+ day ago (682+ words) Production shutdowns can outweigh data theft for industrial operators. A ransomware attack that reaches a factory floor can do more than lock files. It can stop machinery, halt production, and disrupt supply chains. But when the damage turns physical, manufacturers…...