Welcome to the second issue of Terms & Breaches. Last week saw no shortage of cyber drama: Australia’s freight sector faced ransomware threats, Gmail encryption got bypassed, and AI continued to rewrite the rules for insurance. If you’ve been too busy putting out client fires to keep up, don’t worry—we’ve got your weekly dose of chaos and clarity. Let’s dive in.
📰 Cyber Security
Australia & New Zealand
Darktrace buys Aussie co-founded Cado Security, 10 January 2025 | by Kyle Alspach
Darktrace’s purchase of Cado Security strengthens its ability to tackle cloud-based threats. The Aussie-founded company brings cutting-edge cloud forensics to the table, a win for anyone trying to navigate the murky waters of modern cyber incidents.
Critical Ivanti Vulnerabilities Flagged by ACSC, 9 January 2025
The Australian Signals Directorate Australian Cyber Security Centre (ACSC) has issued a critical advisory about vulnerabilities in Ivanti products, enabling attackers to execute remote code and escalate privileges. If Ivanti’s in your client’s stack, now’s the time to patch or prepare for a world of hurt.
New ACSC Leadership Announced, 9 January 2025
Richard Marles has appointed a new head for the ACSC, signaling a renewed focus on bolstering Australia’s cyber defenses.
Qilin Ransomware Hits Aussie Freight Forwarder, 7 January 2025 | by David Hollingworth
The Qilin ransomware group took aim at an Australian freight forwarder, shining a spotlight on the logistics sector’s vulnerability. If your logistics clients aren’t tightening their defenses, this should serve as their wake-up call.
Rest of the world
Gmail Cyber Attack Warning Issued, 10 January 2025 | by Davey Winder
Hackers exploiting private keys to bypass Gmail encryption have left millions exposed. If your clients rely on Gmail, now’s the time to double down on multifactor authentication.
Singapore-Australia Talks Over Social Media Ban for Minors, 10 January 2025 | by Osmond Chia
Cybersecurity meets child safety as Singapore and Australia explore banning social media for minors.
Dragos Partners with Singapore DIS for Cybersecurity, 7 January 2025
OT cybersecurity takes center stage as Dragos, Inc. and Singapore’s The Digital and Intelligence Service (DIS) (part of Singapore Armed Forces) signed a three-year MoU to enhance global cybersecurity capabilities. The agreement, signed during CIDeX 2024, builds on Dragos’ existing collaboration with Singapore and aims to strengthen the nation’s cyber defenses across various sectors.
Evolving Media Perceptions of Cybersecurity in Southeast Asia, 6 January 2025
Media narratives around cybersecurity are shifting in Southeast Asia, emphasizing proactive strategies over reactive panic. MSPs should leverage this to position long-term solutions as must-haves.
📰 Cyber Insurance
Australia & New Zealand
Australian Companies Embrace Cyber Insurance, 10 January 2025
With cyberattacks increasing, more Australian businesses are turning to cyber insurance as a financial safety net. MSPs, before you have the “cyber insurance” talk with clients, partner with Cyber Threat Insure to enhance client protection without taking on insurance advisory risks while maintaining your own cybersecurity responsibilities.
Insly Joins Underwriting Agencies Council, 7 January 2025
Insly has joined the Underwriting Agencies Council (UAC),. Notably, Insly has helped Ridge Canada Cyber Solutions Inc. deliver enhanced cyber insurance offerings by leveraging advanced data integration capabilities.
Rest of the world
89% of Executives Plan to Expand Cyber Insurance, 10 January 2025
A Chubb report reveals nearly 90% of executives are planning to expand their cyber insurance coverage, reflecting the growing demand for comprehensive protection against emerging threats.
AI’s Role in Shaping Cyber Insurance, 8 January 2025
AI is shaking up the insurance game, streamlining claims while introducing new risks. Legal expert Juliana Neelbauer and senior partner and cyber liability specialist at The Tech Collective Ralph Pasquariello, CLCS, discusses the dual-edged nature of AI in insurance frameworks.
Thailand’s Cyber Insurance Surge, 7 January 2025
Thailand is stepping up its cyber insurance game, particularly in financial services and critical infrastructure, as threats continue to rise.
📚 Industry Resources You May Have Missed
Cyber Threat Insure‘s Cyber Security Custom Feed on Reddit: Keep tabs on the latest happenings in Cyber Security containig a curated list of communities. Follow feed ➡️
CrowdStrike‘s Guide to Endpoint Security: Get the ultimate guide to protecting endpoints—essential reading for MSPs managing device-heavy environments. View guide ➡️
Cynomi’s Cybersecurity Reporting Guide: Simplify cybersecurity reporting for clients with this practical resource designed to streamline MSP workflows. View guide ➡️
The cyber landscape isn’t getting any calmer, but with the right strategies and tools, MSPs can keep their clients one step ahead. Whether it’s patching Ivanti vulnerabilities or navigating AI-driven insurance changes, staying informed is half the battle. See you next week—same time, same chaos.