Posts Categorized: Cyber Risks

Why Your Business Needs to Bolster Their Cyber-security Involvement

Posted by & filed under Cyber Risks.

Although cyber-security has remained a top concern for UK organisations, recent data revealed that senior managers have yet to join the conversation. The government’s Cyber Governance Health Check discovered that just 16 per cent of corporate leaders demonstrated a full understanding of the potential impacts that a cyber-attack could have on their organisation. What’s worse, […]

Revealed: Half of All Cyber-attacks Use This Technique

Posted by & filed under Cyber Risks.

While ‘island hopping’ might come across as a fun and tropical activity to try during your next holiday, this term carries a far more negative connotation in the realm of cyber-attacks. Indeed, island hopping refers to a data breach technique that occurs when cyber-criminals infiltrate smaller organisations—such as human resources, marketing or health care companies—in […]

Cyber-exposures to Consider in Your D&O Policy

Posted by & filed under Cyber Risks, Directors & Officers Insurance.

As a senior-level leader within your organisation, the consequences of a cyber-attack expand even further than that of lost data or resources, and business interruption. Indeed, suffering from a data breach could also place you, as an individual, in a dangerous position regarding directors’ and officers’ (D&O) liability. In the event of a cyber-incident, senior-level […]

Are You Protecting Your Business from These New Cyber-threats

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

As technology continues to advance in the workplace, it has become even more critical to ensure proper cyber-security measures within your organisation. And one of the best ways to ensure robust cyber-risk management practices is by staying updated on the latest cyber-threats. In the recently released European Union Agency for Network and Information Security (ENISA) […]

Addressing the Gap in Your Cyber-security Approach: Staff Training

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

In the midst of the GDPR and a growing risk of cyber-attacks across industry lines, your organisation has more than likely bolstered their cyber-security practices in the past year. But have all of your staff members received the message? 60 per cent of UK businesses identified that they have a cyber-security skills gap Recent reports […]

The Results Are In: Cyber-security Ranks as 2019 Top Organisational Risk

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

Between the variety of cyber-security concerns that companies faced throughout 2018—including compliance with the recently debuted GDPR, high-profile data breaches and social media privacy scandals, to name a few—it’s no surprise that the European Confederation of Institutes of Internal Auditing’s (ECIIA) Risk in Focus 2019 report found that organisations labelled cyber-security as their greatest risk. […]

These Two Cyber-attacks Are on the Rise — Here’s How to Protect Yourself

Posted by & filed under Cyber News, Cyber Risks.

Although clicking on and responding to emails in the workplace is a common practice, recent research revealed it’s also a top cyber-security concern. Indeed, among the methods cyber-criminals use to attack organisations, social engineering scams and ransomware are on the rise. Social engineering scams, such as email attacks and phishing scams, accounted for over 25 […]

Staying Secure: 2018 Cyber-trends

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

Whether it be preventing a mass data breach or finding ways to comply with the GDPR, the need for cyber preparedness and resilience is at an all-time high. However, a recent survey from the Economist Intelligence Unit revealed that only 13 per cent of organisations feel that they’ve learned from past cyber-mistakes. Have a look […]

Use This Survey to Benchmark Your Annual Cyber-performance Against Your Peers

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

Protecting your organisation with cyber-security measures is more important than ever as data breaches continue to be an everyday threat for businesses and charities throughout the United Kingdom. The Department for Digital, Culture, Media & Sport recently released its 2018 Cyber Security Breaches Survey, which exposes the most common cyber-breaches of the previous year and […]

The Overlooked Physical Exposures of a Cyber-attack

Posted by & filed under Cyber Insurance, Cyber Risks.

More than ever before, organisations are aware of the potential financial impact of a cyber-attack. Many wrongfully assume that the steep, monetary burden of a cyber-attack (exacerbated by new, higher fines under the GDPR) is exclusively tied to damaged digital assets, lost records, and the price of investigating and reporting a breach. While those expenses […]