Howden, the international insurance broker, announced yesterday that it has reached an agreement to acquire Safeonline, a market-leading cyber and tech specialist broker and Lloyd’s coverholder. The acquisition underlines the importance Howden places on this […]
External attacks on companies result in the most expensive cyber insurance losses but it is employee mistakes and technical problems that are the most frequent generator of claims by number, according to a new report […]
The Covid-19 global pandemic has created new opportunities for economic crime and has highlighted the need for better funded and co-ordinated action against organised crime gangs (OCGs) engaged in fraud. This was the conclusion of […]
This week SecurityHQ released a white paper on the ‘Financial Sector, Threat Landscape 2020’. In this paper, and through an analysis of a real-life threat to a large financial client, their findings revealed the five […]
The ICO has fined Marriott International Inc £18.4million for failing to keep millions of customers’ personal data secure. Marriott estimates that 339 million guest records worldwide were affected following a cyber-attack in 2014 on Starwood Hotels […]
Skyrocketing ransom demands, a steady stream of fraudulent wire transfers and a large workforce operating on what are often less secure home systems are all nightmarish scenarios for cyber insurers, says CFC, the specialist insurance […]
Today, Dataiku, one of the world’s leading Enterprise AI and machine learning platforms, has announced its partnership with global specialty cyber underwriting specialist Envelop Risk. Envelop Risk is working with Dataiku to model and mitigate cyber and […]
Research conducted by NFU Mutual, a significant commercial insurer, has shown that 47% of businesses feel more vulnerable to cyber-attack since the increase of remote working. Despite increased concerns, 45% of businesses have not taken […]
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