Big Data

Data Hacking on The Rise, Says RSM Consulting

New figures from the FCA show that reported data hacking attacks against financial services companies have quadrupled in the last year.  The new statistics, contained in a freedom of information response to audit, tax and […]

Global insurance trends

Allianz and Aon Team Up with Apple on Cyber Attack Insurance

Apple and Cisco Systems Inc have teamed up with insurer Allianz and Aon to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies. Cyber crime is growing and according […]

Emerging Risk

Willis Towers Watson Appoints Tim Rees to Cyber Risk Role

Leading global advisory, broking and solutions company, Willis Towers Watson (NASDAQ:WLTW), today announced the appointment of Tim Rees as Client Engagement and Strategy Leader for the UK Cyber Risk Solutions business. Based in London and […]

Emerging Risk

Cyber Attacks in Finance and Insurance Sector Rise by 80%

The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year. In 2017, 69 material cyber incidents were reported […]

Opinion

Opinion: Build an Online Ecosystem to Retain Customers

Retaining customers is set to become a much more important part of the insurance industry. Why? The rise of Pay As You Go, multi-product policies and consumer contact via smartphone or home-based net device such […]

InsureTech

Symantec and Hiscox Launch Cyber Security Software + Insurance

Whether it’s Russian hackers, ransomware demands or ID fraudsters, cycber attacks are something that no business can ignore. An estimated 48 percent of UK small businesses were hit last year and so leading insurer Hiscox […]