In this edition of the Daily Financial Services News Wrap, Paige Estritori warns Australian insurers about falling behind global competitors in cybersecurity defense according to a PwC survey. Insurers are encouraged to enhance cybersecurity strategies and regular threat reviews to minimize financial and reputational risks. Estritori also announces Isuzu Australia Limited's new leasing company, a joint venture with Tokyo Century Corporation, that strives to offer competitive, customizable financing and leasing solutions to commercial vehicle buyers. Chinas Auto Giant Geely enters the Australian market with their electric commercial vehicles through the Farizon brand, complementing the demand for sustainable urban delivery solutions. Lastly, the Clean Energy Finance Corporation partners with Volvo to introduce a $70 million financing package promoting heavy-duty battery electric trucks, offering discounted acquisition costs and supporting operator transition to eco-friendly vehicles. Continued vigilance in cybersecurity and awareness of new financing options are strongly recommended.

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