Better cyber controls means that criminals are targeting larger organisations looking to exploit complex networks with overlooked network vulnerabilities, and systems that are more difficult to secure.
Howden has estimated firms can reduce the cost of cyber-attack by up to 75% (£30bn) by implementing simple cyber security basics more widely.
Packaging provider DS Smith recognises that cyber is a dynamic risk that demands ongoing evaluation – and traditional insurance modelling wasn’t delivering the goods. A new partnership offers innovative, proactive solutions that mean the difference between merely transferring risk and actually preventing loss. Sara Benwell reports.
Just two years ago, ransomware was crippling organisations to the tune of millions of dollars. Today, risk management can cautiously celebrate, having reduced the severity and number of claims. But with a new wave of attacks likely around the corner, it’s not quite game over.
European risk and insurance industry calls for greater collaboration on cyber risk, and highlights the need for coordination between all stakeholders on solutions for evolving cyber risks
Anthony Quinn, CEO of Acumen Cyber, shares how risk and security professionals can demonstrate the value of cyber security investments, to justify budgets and get continued c-suite support
Many have rung the death knell for retail over the years, but the sector isn’t dying – it’s just changing. Retail risk managers have their hands full, managing disruptors like AI integration and the next generations’ consumer habits, alongside supply chain issues and loss prevention. Trevor Treharne reports.
Getting to grips with interconnectedness means identifying the intricate links between the threats we face, then mapping, understanding and preparing for them. Our webinar sought to untangle this complex issue. Sara Benwell reports back.
As risk managers gather in Madrid for the FERMA Forum, Xavier Veyry, chief executive officer for APAC and Europe at AXA XL, sets out how the insurer is working hard to meet the needs of its large commercial clients in Europe.
The combination of a more intense and volatile risk environment coupled with more stringent regulatory demands, means that businesses must be able to analyse and understand their claims data, says Wayne Brand, head of corporate client practice at Crawford & Company
The go-live date for the European Union’s wide-ranging DORA is rapidly approaching. But is the financial sector ready for it? Are company silos that need breaking down really being dismantled? This month’s webinar dived straight into this complex area,
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In a world characterised by instability and global conflicts, risk managers need insurance partners to provide solutions that bring simplicity, not more complexity. Swiss Re Corporate Solutions’ Will Porter explains how international programs do just that.