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      Case study: SK Telecom’s cyber breach shows why silence can be deadly in a crisis
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Cyber / Technology Risks

Cyber Attacks

Analysis

cyber pic 1

Hackers using stolen insurance documents to tailor ransomware demands

Cyber criminals are using stolen insurance documents to extort the maximum ransom from their victims, with one such group declaring, ‘we are very well informed and precise in our operations, so we know that Wootton have cyber insurance that reaches £500k’

ransomware

Ransomware ban may backfire, experts warn

Industry experts warn government restrictions could displace attacks from public services to private companies, increasing pressure on boards to strengthen cyber resilience.

  • Third-party cyber risks demand real action, not just awareness

  • UK faces record surge in cyber attacks, warns NCSC Annual Review

  • Sector spotlight: passenger transport and the rising reputational threats of cyber and climate

  • SaaS security gaps leave firms exposed to rising attacks

More analysis

Case Studies

Cyber attack 450

Case study: SK Telecom’s cyber breach shows why silence can be deadly in a crisis

Backlash from SK Telecom’s initially mute response to “the worst hacking case in the history of the telecom industry” highlights how critical transparency is after a data breach. Swift action is not enough.

More case studies

Features

Scam

Spotlight on: evolving deepfake risks and how to battle them

The technology is out there to impersonate your top execs, initiate false transactions, break into systems and even appear to engage in reputation-destroying behaviour. Deepfakes are now reality, but how do you equip your business to protect itself against such an insidious threat?

  • Cyber wakeup call: What risk managers must learn from the M&S, Harrods and Co-op attacks

  • Cyber crime: Global problem, Vietnamese crisis

More features

Interviews

Charlotte Hedemark, President, FERMA

The strategist: FERMA’s new president has a gameplan to elevate the influence of risk

As Charlotte Hedemark takes up her dream role as FERMA president, she tells StrategicRISK editor Sara Benwell that helping risk managers to professionalise and elevate their strategic influence are key goals.

  • Putting science and data behind climate risk management

  • FERMA: the industry needs better collaboration to manage cyber threats

More interviews

Opinion

financial-institutions

How can financial organisations use strategic benchmarking to navigate heightened risk landscapes?

Steve Bishop, research and information director at ORX, says firms must embed operational and non-financial risk into core strategy and use industry data to stay ahead of emerging threats.

  • Risk guide: how to demonstrate the ROI of cyber security spending

  • Four steps businesses can take to reduce the risk of backdoor cyberattacks

More opinion

Special reports

data

Inside the hidden vulnerabilities weakening global data centre resilience

Data centres are at the heart of the digital economy, but rapid growth, energy constraints and evolving risks are testing their resilience. At an SR:500 event in partnership with FM, experts discussed the challenges facing the sector and how risk managers are responding.

IMG_3987

SR 500: Cyber resilience takes centre stage

Previously a back-office function, resilience in the digital space is now in the spotlight. At an SR:500 roundtable in asssociation with Marsh, risk leaders explored how AI, regulation and culture are highlighting new strategies and demanding board-level attention.

More special reports

Expert Views

regulation graphic

DORA: The buck now stops at the top

In a new regulatory era heralded by DORA, accountability is on a whole new level. If you are a decision-maker, you could be held responsible for compliance failures far down your vendor chain. Companies must be insurance ready, warns BHSI’s Koen Cambré and Adrienne Sitbon.

Retail

Cyber response readiness: Why risk managers must lead from the front

Recent cyberattacks targeting prominent UK retailers have exposed the far-reaching consequences of digital disruption. Helen Nuttall, UK head of cyber incident management at Marsh, explains how risk managers can enhance organisational preparedness, facilitate cross-functional coordination, and refine crisis response strategies.

More expert views

Q3 2025 Edition

StrategicRISK Q3 2025

Webinars

artificial intelligence strategy hand robot

Webinar: Harnessing technology & AI for smarter risk identification

Last chance to register for our elevating risk intelligence webinar, in assocation with Origami

  • The boardroom of the future: elevating risk to a strategic priority

More webinars

Special edition: Future of business

In partnership with Swiss Re Corporate Solutions | In partnership with Strategic Risk

closing gap, parametric

Why risk managers are turning to parametrics to solve operational challenges

As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions

More on Future of business

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