Many insurers, MGAs and brokers have now successfully transitioned to remote working operations over the last two or three weeks. That does potentially raise more risks, as staff use a variety of devices to access […]
The COVID-19 outbreak is forcing millions of employees to work from home. This means countless organisations are faced with a unique challenge: how to keep as many business-critical functions running as possible whilst maintaining adequate […]
Under one in four (22.4%) of small to medium enterprises (SMEs) with cyber insurance report to be covered for human error, according to leading data and analytics company GlobalData’s 2019 UK Insurance Consumer Survey. Given […]
Charities in the UK are being too complacent about cyber attacks, data breaches and denial of service, says Ecclesiastical. Research carried out by the specialist insurer found the majority of charities (81%) believe they are […]
Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, announced today the acquisition of Cytelligence Inc, a Canadian-based cyber security firm that provides incident response […]
The UN suffered a serious data breach last year, according to Associated Press reports, with UN offices in Vienna and New York being targeted. There does appear to be confusion over the data downloaded, as […]
Incidents like the recent ransomware attack on Travelex show how costly an online hacking, data breach or malicious threat can be to any business. Days lost fire-fighting the problem, long term reputational damage and customer […]
The financial impact of a future global software failure could be so great that the (re)insurance industry is likely to require additional capacity from the capital markets. Since their birth in the 1990s, insurance-linked securities […]
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