Analysis – Page 8
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AnalysisFacebook’s Meta hit with hefty GDPR fines in 2022
EU businesses were fined over €830m for GDPR violations in 2022, with Meta paying over 80%
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AnalysisOver half of cyberattacks originating in Russia target the US
The UK, Canada, and Germany are among other top targets with IT firms and NGOs the most exposed
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AnalysisESG presents ‘significant exposure’ for D&Os
Fallout from a global recession, lax cyber security and an uptick in litigation are other key risk drivers for 2023
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AnalysisGeopolitics to heighten travel and security risks in 2023
Some firms are poorly equipped to mitigate the risks posed to business assets and personnel, warns Healix
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AnalysisCyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky
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AnalysisHeightened risk of being caught in cyber crossfire
2023 will see continued geopolitical tensions, stronger regulation and an AI-shaped revolution - Infosecurity Europe
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AnalysisDetails emerge from South Staffordshire Water data breach
It is understood the data stolen in the cyber-attack is visible on the dark web raising concerns about identity theft
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AnalysisWhen the lights go out
As Europe heads into a ‘Winter of Discontent’, how can risk managers plan for the worst, and coldest, of the energy crisis?
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AnalysisThird of internal auditors yet to adopt data analytics
Audit body argues that advanced analytics is the key to navigating an increasingly volatile risk landscape
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AnalysisAirmic: Risk management is a ‘two-way street’
Association responds to Munich Re’s calls for pricing discipline; Says members should be “recognised and rewarded” by insurers
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AnalysisRIMS supports proposals for US cyber insurance backstop
Federal risk pool proposed to insure large-scale catastrophic cyber incidents must be well crafted, says risk association
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AnalysisBuyers call for clarity over cyber war exclusions
Zurich-Mondelez dispute highlights need for insurers to be clear on ‘war’ cover with customers
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AnalysisPlugging gaping holes in protection
Does the creation of a mega captive in Europe reflect poorly on commercial insurers, and what are the risks involved?
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AnalysisTaking a zero-tolerance approach to cyber hygiene
The drive to digitally transform is resulting in gaps and weak links in the fight against the cybercriminals
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AnalysisThree in four large firms hit by cyber attack since 2019
Indirect losses, such as reputation damage or ransoms paid by an insurer, were actually often more costly than the initial incident itself
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AnalysisThree ways of increasing cyber insurability - sigma
There is currently a protection gap of around 90% due to the uncertain nature of systemic risk
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AnalysisFraudsters target professional services firms
Claims caused by fraudulent instruction and business email compromise are on the rise - Beazley
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AnalysisRansomware: Business is booming
Ransomware is forecast to cause $30 billion in damages by 2023, warns AGCS
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AnalysisDon’t leave the ‘door open’ to cybercriminals, warns ICO
Regulator fines a UK construction firm £4.4m for data protection breach caused by ‘complacency’
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AnalysisGreen transition to drive construction growth of $5.6 trillion
Energy transition and green investment will be major contributors to infrastructure growth over the next 15 years
