Posts Categorized: Cyber Insurance

Annual Data Breach Survey Results

Posted by & filed under Cyber Insurance, Cyber News.

As data breaches remain a rising threat across industry lines and the GDPR celebrates its first anniversary, the past year has seen a continued increase in organisations prioritising cyber-security. And rightfully so—the Department for Digital, Culture, Media & Sport recently released their annual cyber-security breaches survey, complete with robust statistics supporting the importance of implementing […]

Are You Protecting Your Business from These New Cyber-threats

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

As technology continues to advance in the workplace, it has become even more critical to ensure proper cyber-security measures within your organisation. And one of the best ways to ensure robust cyber-risk management practices is by staying updated on the latest cyber-threats. In the recently released European Union Agency for Network and Information Security (ENISA) […]

Addressing the Gap in Your Cyber-security Approach: Staff Training

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

In the midst of the GDPR and a growing risk of cyber-attacks across industry lines, your organisation has more than likely bolstered their cyber-security practices in the past year. But have all of your staff members received the message? 60 per cent of UK businesses identified that they have a cyber-security skills gap Recent reports […]

The Results Are In: Cyber-security Ranks as 2019 Top Organisational Risk

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

Between the variety of cyber-security concerns that companies faced throughout 2018—including compliance with the recently debuted GDPR, high-profile data breaches and social media privacy scandals, to name a few—it’s no surprise that the European Confederation of Institutes of Internal Auditing’s (ECIIA) Risk in Focus 2019 report found that organisations labelled cyber-security as their greatest risk. […]

These Two Cyber-attacks Are on the Rise — Here’s How to Protect Yourself

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

Although clicking on and responding to emails in the workplace is a common practice, recent research revealed it’s also a top cyber-security concern. Indeed, among the methods cyber-criminals use to attack organisations, social engineering scams and ransomware are on the rise. Social engineering scams, such as email attacks and phishing scams, accounted for over 25 […]

Stop Scratching Your Head Over Cyber-Insurance: Common Myths Debunked

Posted by & filed under Cyber Insurance.

In the wake of digitisation across the workplace and hefty consequences for cyber-mistakes under the General Data Protection Regulation (GDPR), it may seem like common sense to bolster your organisation with proper cyber-security measures, such as cyber-insurance. Yet, recent government research revealed that less than 10 per cent of businesses possess a specific cyber-security insurance […]

Staying Secure: 2018 Cyber-trends

Posted by & filed under Cyber Insurance, Cyber News, Cyber Risks.

Whether it be preventing a mass data breach or finding ways to comply with the GDPR, the need for cyber preparedness and resilience is at an all-time high. However, a recent survey from the Economist Intelligence Unit revealed that only 13 per cent of organisations feel that they’ve learned from past cyber-mistakes. Have a look […]

Benefits of Cyber Insurance

Posted by & filed under Cyber Insurance.

Cyber Insurance is one of the least understood, yet vital, types of insurance, especially as technology becomes increasingly important for successful business operations, and the General Data Protection Regulation (GDPR) promising much stricter penalties for lax data security, the value of a strong cyber insurance policy will continue to grow. No matter your business’ size, […]

The Overlooked Physical Exposures of a Cyber-attack

Posted by & filed under Cyber Insurance, Cyber Risks.

More than ever before, organisations are aware of the potential financial impact of a cyber-attack. Many wrongfully assume that the steep, monetary burden of a cyber-attack (exacerbated by new, higher fines under the GDPR) is exclusively tied to damaged digital assets, lost records, and the price of investigating and reporting a breach. While those expenses […]