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…

A new personal cyber insurance protection product has been unveiled.

Leeds-based UK General Insurance has today unveiled a new personal cyber protection product, which it says is aimed at ‘the man and woman on the street.’ Developed in partnership with the MGA’s capacity partner, Munich Re, the…

Businesses may have to start purchasing certain IT products to obtain better cyber insurance coverage.

Going beyond simply adding coverage to existing policies, Allianz Group, an insurance company seeking to gain a bigger share of the U.S. cyber market, made news along with Cisco, Apple, and Aon by announcing that the four companies would…

Number of businesses seeking IT risk insurance set to substantially grow.

The digitalisation of information, the widespread diffusion of devices always connected to the internet and the penetration of web-based services have revolutionised the operation of modern companies. Moreover, the current trends related…

Utilising cybersecurity insurance should not be considered a replacement for investment in security tools.

Cybersecurity insurance should be considered the “last line of defence” and not a replacement for investment in security tools, said experts at a panel discussion this morning. Speaking at the eighth edition of the 'ISNR 2018' –…

The global cyber insurance market report for 2018 has been released.

Loss of brand reputation from cyber-attacks has been cited as a primary reason by most of the industry leaders for the mainstream adoption of cyber insurance programs in their operations. Since the persistent threat of cyber-crime continues…

Business interruption and cyber incidents interlink as the major threats facing companies this year.

Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS). Allianz revealed that business interruption…

Research finds cybersecurity and cybercrime as the most dangerous risks for the insurance industry in 2018.

One definition of insanity is “doing the same thing and expecting a different outcome.” Well, we asked insurers the same question in December 2017 that we asked in December 2016: What are the most dangerous risks to your company in the…

Gulf emerging between cyberattack fears & confidence in managing them.

There is a significant gulf emerging between businesses’ heightened fears over the threat of a cyberattack, and their lack of confidence in being able to manage one should it hit. More than two thirds of 1,300 senior executives surveyed…

How to keep cybersecurity at the forefront of your operations.

In today's environment, a focus on cybersecurity isn't a luxury. It's a necessity, and making sure that focus is achieved starts with the company's culture. For IT departments — especially in large organizations — daily operations are…

What are the top UK cities to work in at the moment?

Once the Christmas festivities draw to a close in January, many turn their attentions towards their next potential career move. An important consideration involved in that decision is location. Therefore, recent research looking at the best…