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Cyber Essentials scoops Industry Award

The government backed Cyber Essentials scheme has been recognised with the Editors Award from SC Magazine.

The scheme was developed by BIS and CESG to help businesses put in place practical measures that have been proven to help protect against cyber risk following an extensive period of industry consultation.

NEW RISCAuthority Guidance for Insurers and Business

The RISC Authority, with the support of the Cyber Risk and Insurance Forum (CRIF), has produced new guidance on Cyber, IT Risk and Insurance that will help insurers and business.

The guidance entitled ‘S28 Cyber crime: overview and sources of support’ provides information without jargon on the threats being faced by business and looks at the typical impacts seen.

Cyber Crime and Coverage Issues

Financial cyber-crimes are becoming such a frequent feature in the media that one might be forgiven for feeling a little "cyber-fatigued."

However, the scale of the thefts from financial institutions, as reported by Kaspersky Labs recently, are arguably unique in their scale and audacity. Kaspersky describes hooded "money mules" waiting at ATMs, controlled remotely to dispense cash at a particular time without the need for a bank card.

The development of Cyber Insurance

Understanding the evolution of Cyber Risk and Insurance

In Boardrooms around the world cyber insurance is an important subject that is gaining in profile and importance.

In this article Daljitt Barn, Cyber Director of PwC, looks at the how the Cyber Insurance Sector has evolved over the past four years and what the next few years may bring.

The Achilles Heel: What the Board must know about Cyber Risk

Companies of all sizes have recognised the tremendous opportunity the Internet presents for conducting business. But great reward also comes with great risk.

Cyber Risk has now emerged as a high-profile problem; so much so, it has been escalated to third position on the corporate boards risk register.

In the 21st century everyone needs to take cyber risk seriously.

Cyber attacks: Directors' Liability

Cyber Attacks and the liability on Directors and Officers

The risk of a cyber attack is material for the majority of businesses in the financial services industry today.

Such attacks are increasingly sophisticated, widespread and disruptive.

The solitary teenager hacking out of a sense of curiosity has been replaced by criminal gangs seeking improper financial gain. As a consequence, the financial consequences are increasingly significant.

Managing Risk in the Cloud - Ace Group White Paper

Cloud computing is a landscape-altering technology that is enjoying increasing rates of adoption — often implemented, however, without taking sufficient risk management precautions.

Risk managers need to have a deep understanding of what cloud computing is, and why they need to be aware of it. While there are numerous advantages to adopting the cloud, there are also abundant risks, and having a comprehensive risk management plan in place is critical.

Global Cyber Risk | International Perspectives | Video Series | Overview

Changing data security laws and emerging cyber risks are a truly international phenomenon as can frequently be seen from headlines around the world.

Covering UK, Europe, Ireland, Asia, Mexico, Chile, Brazil, Columbia & New Zealand

PwC sign cyber insurance incident response contract with Beazley

Beazley, the pioneer in breach response insurance, announced today the addition of PwC to the panel of specialist service providers available to Beazley Breach Response (BBR) policyholders. Beazley's BBR clients now have access to one of the world's largest forensic services providers to investigate suspected data breaches and network intrusions and contain the issue as swiftly as possible.

Cyber Insurance - Understanding the Risk

In this video, from Ace Group, Iain Ainslie explains how Cyber Risk is changing and how it now affects most business.

ACE video helping understand the cyber risks of business

Iain talks on the disruption, liabilities and the expenses associated with a security breach. He argues that Cyber Risk is no longer just an IT issue, but a top line business risk that needs to be managed at board level.

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