Analysis – Page 15
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AnalysisEmerging risks and the “COVID effect”
Government support programmes have kept alive unviable zombie companies, while wealth inequality has broadened, finds Swiss Re SONAR
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AnalysisGDPR fines nearly €300 million
The EU has issued a total of 648 penalties since the regulation was introduced three years ago
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AnalysisAmrae: Cyber insurers in “vicious cycle”
Claims frequency and severity grew substantially between 2019 and 2020, outpacing cyber insurance premium growth
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AnalysisSocial engineering: Sophisticated and underinsured
Social engineering attacks are on the rise, but losses can pose a grey area where insurance is concerned
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AnalysisFirms facing period of transformative change
COVID-crisis will lead to a new period of rapid, transformative growth and prosperity, predicts Studio 44
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AnalysisAXA’s Asian operations hit by ransomware attack
It comes a week after the insurer said it would be dropping extortion payments when underwriting cyber-insurance policies in France
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AnalysisRansomware: ‘Don’t pay’, urges UK government
Paying a ransom does not guarantee a successful outcome and will not protect networks from future attacks, says home secretary
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AnalysisTime to pull together
Argo Group’s Adam Seager on the challenges of maintaining corporate cohesion in a more virtual working environment
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AnalysisColonial Pipeline attack exposes ransomware “pandemic”
CISA urges organisations to take action to strengthen cyber security following US critical infrastructure attack
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AnalysisCloud dependency brings systemic risk potential
During the last six months, Amazon, Google and Microsoft Azure have all experienced significant service outages - CyberCube
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AnalysisCyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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AnalysisHiscox cyber study suggests complacency
German firms were hardest hit by cyber attacks and ransomware is now commonplace, with one in six firms targeted
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AnalysisCOVID-19 continues to test supply chains
Pandemic is exacerbating trends such as cargo crime, man-made disruptions, and political protests, which all threaten supply chain resilience in 2021
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AnalysisGovernments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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AnalysisCyber tops list of concerns for D&Os
The shift towards WFH has heightened cyber attack and data loss risks, with exposures for senior managers, finds survey
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AnalysisRansomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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AnalysisCyber: Critical industries bombarded during pandemic
As firms scaled-up cloud computing during lockdown, they did not always scale up their security processes at the same rate
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AnalysisAsset-light economy presents new, disruptive risks
Corporations are holding more risk on their balance sheets as the value of intangible assets and potential for systemic risk grows
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AnalysisBCI: COVID-crisis to fuel political risk
Non-occupational disease tops the list of concerns, with mental health, cyber and climate risks also high on the agenda
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AnalysisWEF: Scenario planning for Industry 4.0
The rapid pace of technological change and pandemic crisis is accelerating trends; making risk forecasting more challenging
