Analysis – Page 8
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Analysis
Ransomware payments hit new records in 2021
The most affected industries were professional and legal services, construction, wholesale and retail, healthcare, and manufacturing - Unit 42
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Cyber terror fears at heart of insurers’ reluctance to broaden cover
How the industry’s lack of appetite to cover terrorism or nation state cyber warfare risks is hindering market growth
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Fitch warns of spillover cyberattacks
Cyberattacks on businesses and government agencies have increased following the Russian invasion of Ukraine
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Ukraine invasion puts cyber resilience to the test
Firms urged to improve cyber resilience as governments anticipate rise in state-sponsored attacks - MyCena
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Firms risk “sleepwalking” into cyber disaster
Despite the growing number of cyber attacks, firms are putting Brexit and supply chain issues ahead of cyber security - Kaspersky
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Aviva deploys cyber risk assessment tool
Tool launches against the backdrop of a hardening cyber insurance market and rising claims
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Top 10 cyber incidents last year cost firms $600m
Cyber threats are more common, more dangerous and more destructive than ever before - Tokio Marine HCC International
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FCA urges firms to beef up cybersecurity amid Ukraine tensions
Businesses must take a more active ‘defence-in-depth’ approach to combat ransomware reprisal attacks
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KP Snacks supply chain crunches to halt after cyber attack
Law firm partner warns that ’even the largest of organisations can fall victim to ransomware and must remain vigilant to this threat’
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Analysis
Cyber attack hits German fuel distributors
Suspected ransomware attack hits oil storage and distribution firms in northern Germany less than a year after Colonial Pipeline
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Hard market continues with cyber rates up 130% in Q4
It was the 17th consecutive quarter of commercial insurance price increases, according to Marsh
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Ukraine-Russia tensions call for greater cyber resilience
GCHQ is urging UK firms to bolster their cyber security in response to the malicious attacks in and around Ukraine
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Lessons from Merck’s NotPetya victory
Cyber war exclusions are likely to see future disputes over state-sponsored attacks ruled in insurers’ favour
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Drones and cyber are top UK tech risks for 2022
DAC Beachcroft warns impersonation fraud on video conferencing platforms is a growing threat
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2021 sets new data breach record
Nearly six billion accounts were impacted globally, according to data analysed by Atlas VPN
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Cyber threats growing faster than “ability to manage them"
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says Marsh’s Carolina Klint
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Allianz Risk Barometer: Cyber and BI top concerns
’Business interrupted’ will remain the “key underlying risk theme” in 2022
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Ransomware will continue to evolve in 2022
After a year of unprecedented ransomware attacks, Beazley’s Raf Sanchez warns the worst is yet to come
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Cyber resilience requires board commitment
Three-quarters of organisations have fallen prey to at least one cyber attack in the past year, finds the BCI
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Cyber captives to take off in 2022
As the cyber market continues to harden, buyers will seek alternative risk transfer solutions, predicts New Dawn Risk