Analysis – Page 12
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Analysis
Boards have “fragmented” approach to cyber risk - WEF
Boards have made gains in recent years by recognising cyber as an enterprise risk, but greater resilience is needed
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Analysis
Ikea France on trial over spying claims
Former head of Ikea France’s risk management department, Jean-François Paris, is among those accused
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Cyber: Ransom payments jumped 171% in 2020
Healthcare organisations were most targeted while the rise of ’double extortion’ has fuelled ransomware losses
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Insurers must cater to emerging cyber risks
A panel of cyber insurance experts discussed potential risks surrounding IoT products and upcoming technologies
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WEF: Building resilient digital supply chains
Analysis following the SolarWinds fallout shows there are three ways companies can build more resilient digital supply chains
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Lack of strategic vision on cyber fraud
Poor protection of vulnerable people and inefficient information sharing are hampering efforts to tackle cyber fraud
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Are you ready for 5G?
Risk managers must ensure that the business opportunities offered by 5G are not outweighed by extra security threats
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Cyber: Lessons from the Sunburst hack
The SolarWinds attack has awoken risk managers to the threat of Trojan-Horse type supply chain incidents
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Insurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
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BI and pandemic top Allianz Risk Barometer 2021
Pandemic is a “reminder that risk management and business continuity management need to further evolve”
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Analysis
Service to measure cyber ‘human error’ risk
The Workforce Cyber Culture Assessment assesses people risk and the impact of business culture in a cyber context
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Analysis
Threat from “deep fake” cyber attacks grows
New and emerging social engineering techniques will fundamentally change the cyber threat landscape - CyberCube
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Sunburst hack highlights supply chain risks
The SolarWinds Orion ‘backdoor’ hack has affected numerous global organisations, including the US government - FireEye
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Analysis
Better standards guide IoT risk management
As dependency on connected technologies increases, so do associated risks and the need for good governance, argues the World Economic Forum
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Analysis
SMEs are ‘most vulnerable’ to cyber attack
Cyber criminals consider SMEs a ‘sweet spot’ due to their lack of security controls and poor cyber hygiene
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Internal failures drive cyber claims frequency
Business interruption is the main cost driver behind cyber losses, accounting for around 60% of the value of all claims - AGCS
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Global ransomware attacks rise 110% in September
Overall, there was a 40% rise in ransomware attacks in the first three quarters of 2020 compared to the same period last year
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Silent cyber: Can you hear it?
With events such as WannaCry classified as a cyber catastrophe event, silent cyber issues have developed into coverage disputes
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Cyber: Staff admit to risky behaviour
Home working has increased cyber vulnerability, with 73% using company-issued devices for personal matters - Mimecast
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Analysis
Terrorism pools focus on systemic risk
New and emerging threats in the terrorism landscape, including the emerging CBRN threat and hostile cyber, were discussed during the virtual event