QBE survey highlights that human error remains the main cause of cyber incidents across Australia and New Zealand, with younger workers exhibiting the poorest cyber hygiene.
Property and casualty insurance rates in the region fell 5% and 3% respectively, according to Marsh data, with financial and professional lines recording the steepest drop at 8%.
Zurich Insurance Group, the Cyber Threat Alliance, and the CyberGreen Institute proposed six national-level cybersecurity metrics to help governments measure and strengthen resilience.
In what it labels as an industry first, the managing general agent has encrypted policies to help prevent the use of policy documents in extortion attempts.
