Just Paid the Ransom? Here’s How to Prevent It From Happening Again

Hackers can be relentless with their cyberattacks. While organizations can be vulnerable to many security threats, ransomware is especially ruthless since its attacks are completely automated. It doesn’t matter what industry or business…

Cybersecurity & IT Governance are shaping IT audit plans for 2018.

IT security and privacy, IT governance and risk management, regulatory compliance, emerging technology and cloud computing are the key issues impacting IT audit plans in 2018, according to a just-released benchmarking study from global…

Endeavour Insurance addresses "gap" in cyber insurance market.

We’ve heard time and again how cyberattacks have become more sophisticated – so should coverage, then, if we’re serious about the fight against threats. Addressing a gap in the market, Lloyd’s broker Endeavour Insurance Services…

UK firms failing to make financial plans for cyber attacks.

Most UK firms are failing to plan for the financial impact of cyber attacks, a survey by Lloyd's Bank has revealed. Only a third of UK business leaders say they have a financial plan in place to counter the effects of a cyber attack, a survey…

Government backs UK cyber security firms to boost exports.

The UK government has thrown its support behind cyber security firms in a bid to grow exports of their products and services. The government has published a guide for security firms on how it is planning to support their efforts overseas.…

Companies who outsource need to 'cover all bases' of cyber risk.

The business world is evolving at a rapid pace. As innovation triumphs and consumer demands develop, more and more companies are turning to third-party providers to help them stay on top of the game. Companies who choose to outsource…

CyberCube launches cyber risk-model with the backing of Symantec.

There remains a relative dearth of cyber risk models for insurance and reinsurance markets to use, compared to the availability of risk modelling tools and analytics for other lines of business. So when a new company launches dedicated to…

5 steps to achieving the appropriate cyber insurance coverage.

As companies recognise that cyber risk cannot be eliminated, only managed, they are increasingly looking to transfer residual cyber risks through insurance. Still, many small and midsize businesses are going without cyber coverage, perhaps…

Insurance broker simulation hack date set to outline cyber importance.

  But don’t worry, it is a simulation to highlight the complexities around cyber security and explain what brokers can do to assist their clients. Brokers pay attention because the Insurance Age website will be hacked on 26 April…

Rise in cyber attacks is challenging how boards approach risk management.

The jump in cyber attacks is challenging how boards approach risk management and their readiness to handle emerging threats, says WomenCorporateDirectors (WCD) and Marsh & McLennan Companies' Global Risk Center new joint report, Cyber…

Insurance CEO's optimistic on growth, but remain concerned over cyber threats.

Although industry experts anticipate the 4th Industrial Revolution will bring wide-ranging new opportunities for insurers, most insurance Chief Executive Officers (CEO's) remain concerned over regulation, cyber threats and speed of technological…