Analysis – Page 4
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Analysis
Ukraine victim to 29 state-sponsored attacks in 2022
Rise of state-sponsored cyberattacks poses a significant threat to the stability of our interconnected world
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Analysis
Risk managers voice concern over sensitive data stored by cyber insurers
Airmic members say the “gold mine” of sensitive data they share with underwriters could present a security risk
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Analysis
Supply chains: Building slack into the system
How do you manage supply chain risk effectively in a world of constant disruption?
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AI: Friend or foe for risk managers?
AI brings the promise of progress and threat of disorder, as the launch of ChatGPT demonstrates
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Insurers monetise intangible assets for IP product
Aim is to develop a trade secret protection ecosystem as the value of unprotected intangibles grows
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Analysis
Ransomware: UK, Germany and France among most attacked nations
Construction was the most targeted sector overall with critical infrastructure affected in just over half of the attacks
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Risk Benchmarking Survey 2023: Great expectations
After three years of global shocks and turmoil, senior managers are more engaged than ever in risk management
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Analysis
Commercial insurance rates continue to moderate, says Marsh
Cyber rates continue to rise at slower pace; financial and professional rates fall for a second quarter
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Analysis
Beazley reveals 13% rise in cyber fraud claims
Organisations must get smarter about educating employees to spot fraudulent tactics
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Analysis
UK poised to finalise ‘failure to prevent fraud’ offence
New laws will target firms which lack adequate procedures to prevent fraud, false accounting, and money laundering
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Analysis
Governments under attack as cyber threat grows
Russia’s use of cyber warfare in Ukraine to supplement its traditional war machine was among the most damaging in 2022
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Analysis
WTW launches new cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risks as a top priority
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Data of millions of JD Sports customers breached in cyber attack
The group has apologised to customers, calling on them to be ‘vigilant’ to the risk of fraud and phishing attacks
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Analysis
Ferma urges Swedish Presidency to address cyber protection gap
Risk association calls for focus on cyber and sustainability protection gap to bolster EU competitiveness
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Parametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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Analysis
Food and fuel top global cargo thefts
Thefts from hijacking have fallen as a proportion of cargo theft; these are now second to theft from facilities
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Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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EU introduces raft of cyber legislation amid ‘red tape’ warnings
Latest ransomware victims include a German children’s food manufacturer and a global Tier1 automotive supplier
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Analysis
Financial services firms lack responsible AI strategies - study
71% of organisations state that AI ethics and responsible AI are not a core part of their operational strategies
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Analysis
‘Green shoots’ as insurance pricing begins to soften - Airmic
The pace of increase in directors’ and officers’ liability insurance premium rates is slowing