Analysis – Page 4
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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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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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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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AnalysisBeazley warns of cyber risk complacency
An uncertain geopolitical risk landscape could be one source of distraction as cyber resilience deteriorates
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AnalysisHoliday Inn hotel chain hit by cyber attack
Hotel chains are often targets for cyberattacks due to the data they hold, says Coalition’s head of insurance
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AnalysisSmaller firms are becoming bigger targets for cyber criminals – Coalition
The cyber insurer’s head of claims says ’small businesses are especially vulnerable because they often lack resources’
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Analysis‘Zero trust’ a top priority for 80% of C-suite
Amid growing cyber threats and changing work environments, decision-makers are embracing a ‘zero trust’ mentality
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AnalysisCyber: Hitting pause
At below $10 billion, why has the cyber re/insurance market failed to live up to its potential?
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AnalysisRussia and China behind majority of state-sponsored cyber attacks
The private sector suffered from 37 state-sponsored cyberattacks so far in 2022 as hackers target companies for monetary gains
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AnalysisNHS hit by massive ransomware attack
The latest attack on the NHS 111 system has been confirmed to be a ransomware attack on a managed service provider
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AnalysisCyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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AnalysisCISOs face burnout as ransomware threat continues
A third of organisations experience a ransomware attack at least once a week, with impacts on security professionals’ wellbeing
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AnalysisUkraine fall-out and new ransomware tactics elevate cyber risks
The maritime sector and satellite infrastructure are sectors most likely to be targeted by cyber criminals
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AnalysisCyber: Banning ransoms is a ‘blunt policy instrument’
A ban could encourage ransomware attackers to engage in new, more malicious forms of extortion, warns Geneva Convention
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AnalysisFire/explosion and nat cats remain top drivers of claim severity
Contingent BI claims spike due to broken supply chains, cyber claims remain elevated and inflation will add to claims severity, finds AGCS
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AnalysisCFC issues ransomware warning to SMEs
The ‘BazarCall’ attack is responsible for an increasing number of malware infections observed by CFC over the past three months
