The Cyber Insurance Outlook 2024: ANZ

The cyber insurance market in Australia and New Zealand is evolving, with more organizations seeking coverage to counter rising cyber threats. This report from CyberRisk Alliance explores the industry's state, key trends, and challenges.
Survey findings show moderate confidence in cyber insurance, with organizations enhancing security to qualify for coverage. Insurers demand robust controls like multi-factor authentication and endpoint detection. Some organizations struggle with policy requirements and the application process.The report also examines incident responses and future industry changes.
Read the full report for insights to navigate the evolving landscape and strengthen security.