Posts Tagged: cyber insurance

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, […]

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 […]

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 […]

Posted by & filed under GDPR.

As the first anniversary of the GDPR going into effect approaches on 25th May, recent reports from Cisco revealed the wide range of benefits that compliant organisations have experienced over the past 12 months. While ensuring GDPR compliance may have felt like a tedious or unrewarding process within your workplace, the following statistics emphasise how […]

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) […]

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. […]

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, Cyber Insurance.

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 […]