All cyber articles – Page 10
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Analysis
Ransomware cartels “expand the playbook” - CyberCube
Criminals will continue to target high-profile organisations, having researched their ability to pay a ransom prior to the attack
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Analysis
Cloud outage highlights need for operational resilience
Multiple major websites went offline on Tuesday after an hour-long outage at the cloud service company Fastly
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Analysis
Firms stuck in ‘response’ mode - Deloitte
Over half of organisations have faced a risk incident due to third-party failure during COVID-19 pandemic
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Analysis
Firms failing to anticipate emerging risks
Effective risk resilience is increasingly correlated to a firm’s viability and growth potential, finds Marsh
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Analysis
Cyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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Analysis
Hiscox cyber study suggests complacency
German firms were hardest hit by cyber attacks and ransomware is now commonplace, with one in six firms targeted
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Opinion
Vaccine passports and privacy pitfalls
The data in ‘vaccine passports’ is the most sensitive information many firms will have ever managed
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Analysis
Q1 commercial insurance prices rose 18%
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
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Analysis
FERMA welcomes ‘Open Insurance’ initiative
A more transparent commercial insurance market will have “tremendous value” for risk and insurance managers
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Opinion
The road to future-proofing your supply chain
As companies look to pivot from the pandemic, their focus of attention is turning towards building sustainability in supply chains
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Analysis
Governments most targeted by ransomware attacks
The government sector was most affected by ransomware attacks in 2020, followed by banking and manufacturing
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Analysis
Cyber tops list of concerns for D&Os
The shift towards WFH has heightened cyber attack and data loss risks, with exposures for senior managers, finds survey
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Analysis
Ransomware costs to reach $20 billion in 2021
Only 40% of organisations report having adequate remote work strategies to manage the risks associated with WFH, finds Aon cyber report
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Analysis
Cyber: Critical industries bombarded during pandemic
As firms scaled-up cloud computing during lockdown, they did not always scale up their security processes at the same rate
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Analysis
WEF: Scenario planning for Industry 4.0
The rapid pace of technological change and pandemic crisis is accelerating trends; making risk forecasting more challenging
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Analysis
Insurer CNA hit by cyber attack
The insurer, which underwrites cyber insurance via subsidiary CNA Hardy, said the “sophisticated” attack on 21 March caused network disruption
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Analysis
Power and utilities gain dedicated cyber cover
Product includes cover for property damage and fines and defence costs arising from regulatory actions, including GDPR
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Analysis
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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Analysis
Zurich launches resilience unit for emerging risks
It will include services in the areas of climate change, supply chain and cyber risk management
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Analysis
Google offers cloud cyber risk protection
Google Cloud partners with Munich Re and Allianz Global Corporate & Specialty to provide cloud specific cyber insurance