FP
Accountants & Solicitors Ignore Cyber Risks
By Duncan Sutcliffe
As an insurance broker my clients expect me to appraise what is valuable and important to their business, assess the potential threats, the consequences of an incident and then advise on ways to reduce the risks and recommend relevant insurance to mitigate any potential losses. When it comes to Cyber Risk - and despite the constant warning from government, experts and the media - getting business owners to act responsibly is tough.
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Insurance firms need to act on cyber risk
The Prudential Regulation Authority (PRA) is proposing and a new supervisory statement (SS) setting out its expectations for the prudent management of cyber underwriting risk in a new consultation paper.
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PWC Insurance 2020 report | reaping the dividends
Reaping the dividends of Cyber ResilienceReport recommends Public-Private Reinsurance scheme to support UK prosperity
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This is the conclusion of the Z/Yen Group/Long Finance report titled "Promoting UK Cyber Prosperity: Public-Private Cyber-Catastrophe Reinsurance".