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.
Over the past year, the BSI Risk Management Committee has been working on developing new guidance that aims to help top executives better understand and manage the technology risks to their organizations.
This Webcast provides a brief introduction to the often intangible nature of cyber disruption and what this means to your business.
More and more business interruptions are being caused by the effect on an IT event. In this short series of videos we look at how this is changing business and what firms can do to help protect themselves.
Leading insurance industry Magazine POST has published its annual Power List for 2016.
Andrew Bailey, CEO of the Financial Conduct Authority, takes top spot with the CEO's of Towergate, AIG, Aviva, Lloyds, Axa and Marsh all featuring in the top 10. Chancellor of the Exchequer, George Osbourne features at number 9.
As threats continue to mount, understanding and managing cybersecurity risks have become top of mind for leaders in business and government.
Organisations are responding by taking action adopting innovative technologies like cloud-enabled cybersecurity, Big Data analytics and advanced authentication to reduce cyber-risks and improve cybersecurity programmes.
A new Long Finance report finds that a public/private cyber catastrophe reinsurance scheme would support UK cyber prosperity while adding clarity and certainty in the insurance market
This is the conclusion of the Z/Yen Group/Long Finance report titled "Promoting UK Cyber Prosperity: Public-Private Cyber-Catastrophe Reinsurance".