All cyber risk articles – Page 4
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Analysis
Holiday 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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Analysis
Smaller 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
EU’s proposed Cyber Resilience Act a ‘strong start’
However, the proposed regulation for smart devices need amending to avoid stifling innovation with high compliance costs
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Analysis
Amrae welcomes proposals to resolve cyber capacity crunch
Risk association welcomes “major milestone for the cyber resilience of the economy” and calls for rapid action
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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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Analysis
Russia 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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Analysis
NHS 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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Analysis
Cyber 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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Opinion
Reputation in an era of state-sponsored attacks
Managing the reputational fallout from being the subject of a cyber attack is an aspect that is often overlooked
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Analysis
Ukraine 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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Analysis
Cyber: 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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Interviews
The bridge builder
Our industry is still misunderstood, says Risk-!n co-founder Stéphane Martin. We need to push the ‘manage’ into risk management
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Analysis
Tech is key to tackling financial fraud - FCA
FCA CEO Nikhil Rathi says data and technology are essential to fighting the rising tide of fraud
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Analysis
Insurers must deploy capital ‘confidently’ to tackle cyber crunch
Demand for cyber insurance has increased - but so has the price
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Analysis
Cyber extortion grows in sophistication, warns Beazley
Data exfiltration is now prevalent in a significant majority of incidents as extortion techniques become increasingly complex
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Analysis
FERMA calls for EU-level cyber resilience push
Paper draws attention to the ‘cyber insurance gap’ and ongoing treatment of captives under Solvency II
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Analysis
NCSC warns CISOs of staff burnout during Russia-Ukraine conflict
Businesses must prepare for the ‘long haul’ against a backdrop of increased cyber threats
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Analysis
Cost of living crisis fuels risk of fraud
Amid “perfect conditions” for fraud to flourish, boards must improve controls and better harness the skills of internal auditors
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Special Reports
Special report: Road-testing Industry 4.0
Before we dive in further, should we first prepare for new and emerging risks associated with the digital era?
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Analysis
Cyber security remains “chief risk” for IT audit teams
War-related cyberattacks are on the rise and the surge of sophisticated ransomware attacks is ongoing, warns research