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News

Is Cyber Cover Becoming Unaffordable For Some Companies?

1 January 2023 alastair walker 0

At a time of heightened exposure to cyber-attacks, UK businesses are facing soaring premiums for their cyber insurance, contributing to cutbacks in other areas of the business. Some in the insurance sector believe that affordable […]

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News

Oxford Economics Sees Rising Cyber Threats For Insurers

7 December 2022 alastair walker 0

UK insurers are facing an unprecedented number of cyber security threats, with the increased risk having an across-the-board impact on premium prices. That is according to a new report by secure cloud computing specialists, iomart, […]

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News

SSP Attack is Part of A Global Pattern, Expect More in 2023

1 December 2022 alastair walker 0

The SSP data hack is a serious issue for many insurance brands. Every company wants to feel secure and so do policyholders. The attack comes just weeks after a ransomware attack in Australia when a […]

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News

5G is Great For Comms, But Carries a Cyber Risk Too

14 July 2022 alastair walker 0

In this Opinion piece, Lavanya Kaul, Head of BFSI, UK & Ireland, L&T Infotech (LTI), looks at the benefits of 5G connectivity, plus the potential for cyber incidents; 5G is one of the most revolutionary […]

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News

CFC Offers a Heads Up on New SME Ransomware Threat

12 July 2022 alastair walker 0

CFC, a specialist insurance provider and market leader in cyber, warned brokers and their clients today of an emerging method of ransomware attack – dubbed ‘BazarCall’ – which is targeting small businesses. According to CFC’s […]

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Legal

SecurityHQ Report Looks at Cyber Threats to Legal Sector

7 June 2022 alastair walker 0

Some research by SecurityHQ has revealed the extent of cyber attacks in the legal sector. Out of 40 practices investigated, ‘75% reported having been the victims of a cyber-attack’ and for ‘23 of those that […]

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Emerging Risk

Risk: Ransomware Attacks Likely to Increase Says Databarracks

30 May 2022 alastair walker 0

The latest from Databarracks, who see an increase in ransomware attacks on the horizon; US-Russia collaboration led to breakup of REvil ransomware group at start of year, but reappearance of gang and Ukraine conflict suggest […]

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Global insurance trends

Two Thirds of Businesses Hit By Ransomware, Says Stockapps

6 May 2022 alastair walker 0

According to new data presented by Stockapps.com, 66% of businesses were hit by ransomware in 2021. This marked a 78% increase from 2020s figures that stood at 37%. From the analysis, the increase in the ransomware-as-a-service […]

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