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JPN: More companies seeking cyber insurance following high-profile data breaches

Maddie Baker reports: β€œCybersecurity insurance normally covers compensation for costs arising from data breaches such as hacking, internally caused cyber leaks and, in some cases, IT security assessments to prevent similar data compromises from happening in the future. It also covers costs for conducting digital forensic analysis to identify cyberattackers and where vulnerabilities lie in...

Cyberattacks to be insured like accidents: Ministry of Finance discusses new rules for critical infrastructure

Roman Zaharov reports: Cyberattacks may start to be insured according to the principle already in effect for hazardous facilities. The Russian Ministry of Finance is discussing the possibility of making cyber risk insurance mandatory for businesses associated with critical infrastructure. This was stated by Deputy Finance Minister Ivan Chebeskov on the sidelines of the Moscow...

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AI breach puts cyber insurance notification rules under scrutiny

Roxanne Libatique writes: An OpenAI agent accessed Australian government health data in June 2026. The government was not told until September. That gap – nearly three months between breach and disclosure – is not just a political problem. It is a cyber insurance problem, and one that brokers with public sector and health sector clients...

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Revolut’s paperwork breach shows why insurers are rethinking what counts as a β€˜cyber attack’

Matthew Sellers reports: Revolut wasn’t hacked in the usual sense. No one broke into its servers or slipped malware past its defences. Someone asked for customer data, from what looked like a genuine government email address, and Revolut handed it over. That email is now behind one of the stranger data incidents to hit a...

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