Cyber Magazine August 2024 | Page 13

Cyber insurance costs stabilising , Mandiant examine cause of Snowflake data theft , cybersecurity budgets for TMT companies soar , and Tech Mahindra and Cisco join for next-generation AI firewall
WRITTEN BY : KRISTIAN MCCANN
HOWDEN HIGHLIGHTS WHY CYBER INSURANCE COSTS ARE STABILISING
Cyber Insurance has often been outpacing coverage as of late due to the growing threat landscape , but a Howden study highlights why this is changing .
This market correction comes as a welcome relief after years of soaring premiums amid a global ransomware epidemic .
TECH MAHINDRA AND CISCO PARTNER ON NEXT-GEN AI FIREWALL
Tech Mahindra and Cisco have expanded their partnership to develop a next-generation AI-Powered firewall to tackle increasing amount of breaches companies face .
The IT consulting company and tech company ’ s partnership will elevate Cisco ’ s standard firewall functions with advanced features such as unified policy management across on-premises and cloud environments .
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