Posts Categorized: Cyber

Why Your Business Needs to Bolster Their Cyber-security Involvement

Posted by & filed under Cyber.

Although cyber-security has remained a top concern for UK organisations, recent data revealed that senior managers have yet to join the conversation. The government’s Cyber Governance Health Check discovered that just 16 per cent of corporate leaders demonstrated a full understanding of the potential impacts that a cyber-attack could have on their organisation. What’s worse, […]

AI Is Worth the Investment: Use These Top Tips for Implementation

Posted by & filed under Cyber.

Artificial intelligence (AI) has frequently been thought of as an innovative, evolving form of technology with the potential to boost organisational success for companies across industry lines. However, many organisations still view AI as a thing of the future, using such an excuse to forego implementation. But in reality, recent data found that AI is […]

Why the Giant British Airways Fine Highlights Extra Struggles for SMEs

Posted by & filed under Cyber.

Now over 12 months in, following the implementation of the GDPR and it’s no secret that suffering from a cyber-attack can wreak havoc on your organisation Just look at British Airways. The company was recently fined a record £183 million for last year’s data breach. BA recently fined a record £183 million However, while large […]

Revealed: Half of All Cyber-attacks Use This Technique

Posted by & filed under Cyber.

While ‘island hopping’ might come across as a fun and tropical activity to try during your next holiday, this term carries a far more negative connotation in the realm of cyber-attacks. Indeed, island hopping refers to a data breach technique that occurs when cyber-criminals infiltrate smaller organisations—such as human resources, marketing or health care companies—in […]

Here’s How Organisations Are Handling Their Cyber-Security Risk

Posted by & filed under Cyber.

Every year, the Department for Digital, Culture, Media & Sport releases its annual Cyber Security Breaches Survey. This year’s data allows organisations to take a closer look at top cyber-threats, analyse the impacts of disruptive breaches and understand the importance of managing cyber-security risks. Indeed, 32 per cent of businesses and 22 per cent of […]

Cyber-exposures to Consider in Your D&O Policy

Posted by & filed under Cyber, Directors & Officers Insurance.

As a senior-level leader within your organisation, the consequences of a cyber-attack expand even further than that of lost data or resources, and business interruption. Indeed, suffering from a data breach could also place you, as an individual, in a dangerous position regarding directors’ and officers’ (D&O) liability. In the event of a cyber-incident, senior-level […]

Annual Data Breach Survey Results

Posted by & filed under Cyber, Cyber Insurance.

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, Cyber Insurance.

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, Cyber Insurance.

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, Cyber Insurance.

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. […]