Wire · opportunities
Industrial cyber incidents climb 12% as cover gap widens
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Fusion42 · 18 August 2026 · Fusion42 review
Ransomware attacks targeting industrial organisations rose 12% globally in Q2 2026, with manufacturing the hardest hit sector. The surge exposes a widening cyber insurance coverage gap as many industrial firms lack clarity on whether their policies cover indirect IT disruptions to industrial control systems or data theft extortion without encryption.
This Wire brief sits within Fusion42's coverage of Industrial, and 2 sources have reported it.
◆ ◆ The Wire takeaway
Australian industrial firms are heading into a cyber risk crisis as insurance policies often miss indirect IT disruptions and data theft threats, leaving you exposed. Clarify your cover now to avoid becoming an uninsured claim amid rising ransomware attacks.
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2 sources · 17 Aug 2026
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