Feature

CrowdStrike outage a chance for cyber insurance sector to ‘show its worth’

The global IT failure was the result of a hamfisted software update which shows that cyber risk is more than just 'a guy in a hoodie’, says Emergence CEO Troy Filipcevic.

By Aaron Woolner

August 6, 2024

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6 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.