Analysis – Page 2
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Analysis
Regulation Watch: Key implications from China’s new Network Data Security Management regulations
Linklaters’ Albert Yuen Linklaters’ Albert Yuen considers the key implications of China’s new Network Data Security Management Regulations and why it is important for risk and compliance managers to understand this new regulation to comply with its data and cybersecurity obligations when operating its China business.
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Analysis
The risks of non-compliance: why risk managers must ensure firms are DORA-ready
The European Union’s Digital Operational Resilience Act (DORA) comes into force on 17 January amidst warnings that many companies are still unaware of its impact and what needs to be delivered.
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Analysis
Spotlight on: using AI to manage supply chain risks
Generative AI promises to transform supply chains – enhancing efficiency and data quality, reducing labour costs, and much more. But over-reliance on this new tech could expose the entire chain to new weaknesses in accuracy, security and fairness.
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Analysis
Climate, technology and geopolitics lead 2025 risks – Beazley CEO
Three overarching key risk areas emerged from Beazley’s ‘Risk & Resilience Predictions for 2025’, the re/insurer’s CEO, Adrian Cox revealed.
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Analysis
Risk managers at large organisations face escalating cyber risks, warns Moody’s
Better cyber controls means that criminals are targeting larger organisations looking to exploit complex networks with overlooked network vulnerabilities, and systems that are more difficult to secure.
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Analysis
Cyber-attacks cost UK businesses £44bn in the last five years - how risk managers can fight back
Howden has estimated firms can reduce the cost of cyber-attack by up to 75% (£30bn) by implementing simple cyber security basics more widely.
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Analysis
The challenge of balancing technology risks with other emerging threats
Mark Gilbert, strategic client director and head of corporate at Sedgwick says despite a growing focus on the benefits of technology and artificial intelligence (AI), there are a complex matrix of risks which need to be addressed.
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Analysis
50 years of risk: Tapio Huovinen, UPM - The Biofore Company and Daniele Zucchi, FERMA board member
As FERMA celebrates its 50th birthday, StrategicRISK Magazine spoke to its board members and risk leaders about how the risk landscape is changing and the priorities for the future. Here Professor Simon Grima, associate professor, head department of insurance, Faculty of Economics, Management and Accountancy, University of Malta shares his ...
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Analysis
50 years of risk: Professor Simon Grima, head of the department of insurance, University of Malta
As FERMA celebrates its 50th birthday, StrategicRISK Magazine spoke to its board members and risk leaders about how the risk landscape is changing and the priorities for the future. Here Professor Simon Grima, associate professor, head department of insurance, Faculty of Economics, Management and Accountancy, University of Malta shares his ...
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Analysis
Risk managers must beware sacrificing cyber coverage for premium
Working with an insurance partner that understands your business likely to deliver the best outcomes, says Nick Barker head of insurance broker Gallagher’s Specialty Cyber Practice, but too many companies are opting for price cuts over breadth of cover
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Analysis
Regulation watch: How to get ready for NIS2
One of Brussels’ beloved acronyms, 2016’s NIS was due an update. NIS2 aims to increase cybersecurity for operators of critical infrastructure in today’s digital landscape. Risk management processes will be central to its requirements, says FERMA’s Charles Low.
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Analysis
FERMA 2024: Systemic cyber risk in the spotlight
Learning lessons from a cyber attack that rocked businesses across the globe
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Analysis
Ransomware: It’s not always about stealing your data!
Organisations must adopt comprehensive cybersecurity strategies to mitigate ransomware threats, Brian Boyd, head of technical delivery at i-confidential, explains how
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Analysis
Risk briefing: how to take advantage of AI, whilst also managing risks
Philippe Cotelle, head of insurance risk management at Airbus Defence & Space and chair of FERMA’s digital committee says that while AI risks must be managed, it cannot be at the expense of ignoring the opportunities
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Analysis
Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, how can risk managers adopt an active model of cyber insurance
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Analysis
Risk research: How to manage the threat of digital obsolescence
Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology.
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Analysis
Risk briefing: Scenario planning lessons from the CrowdStrike Falcon outage
The CrowdStrike outage showed that risk managers need a nuanced approach to risk assessment that allows organisations to focus their resources on addressing the most critical vulnerabilities first, maximising the effectiveness of their resilience efforts.
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Analysis
Regulation watch: Risk managers seek certainty as global AI regulations take shape
Currently, 47% of organisations who use AI do not have any specific AI cyber security practices or processes in place. As the landscape grows more complicated, organisations are looking to regulators to pave the way forwards, writes Jon Guy
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Analysis
C-suite must rethink its approach to cyber threats and ransomware attacks increase
Cybercriminals have evolved their tactics in 2024 to take advantage of business and technology consolidation. Businesses must respond by being more proactive about cybersecurity
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Analysis
A global cyber protection gap is emerging - what it means for firms
An EMEA survey shows that less than a fifth of corporate information assets have cyber coverage in place. This is what businesses need to know