Displaying items by tag: malicious actors

GUEST OPINION by Brad Newton, ANZ Managing Director at Cohesity:  Insurance by definition is ‘a financial agreement whereby premiums are paid in exchange for a guarantee that costs will be met if a predetermined event occurs. Given the Australian Cyber Security Centre receives over 67,500 cybercrime reports each a year, and a ransomware attack happens globally every 11 seconds, it’s little wonder the global cyber insurance market is valued at more than $8 billion annually, with a compounding annual growth rate of 23.76% through 20271.

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