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Cyber tag returned 429 results

  • Risk of hacking is too large to be covered by existing insurance policies

    Insurers will develop specialised policies for cyberattacks as they have found that the risk of cyberattacks is too large to be covered by the existing insurance policies.

    Asia Risk | 05 Feb 2020
  • Coronavirus outbreak paves the way for new cyber risks

    With the deadly novel coronavirus (2019-nCoV) grabbing all the media headlines at the moment, cyber criminals are now taking advantage of the public's panic and anxiety about the worldwide epidemic as bait to spread malicious files.

    Asia | 31 Jan 2020
  • Recovery costs from ransomware attacks skyrocket

    Recovering from ransomware attacks is getting much more expensive for the victims of ransomware attacks. The average cost of recovery has doubled in the last quarter of 2019.

    Asia Risk | 29 Jan 2020
  • North P&I Club launches new cybersecurity initiative

    North P&I Club has launched a new initiative to help its members better understand their vulnerabilities to cyber risk and improve their cybersecurity ahead of the International Maritime Organisation's (IMO) January 2021 deadline for safety compliance. As part of the initiative, North has partnered with HudsonCyber to offer its members access to the HACyberLogix platform.

    Asia Risk | 22 Jan 2020
  • Allianz-risk-barometer-2020-; Cyber top peril for Asia Pacific companies for the first time

    For the first time ever, cyber incidents (35% of responses) rank as the most important business risk in Asia-Pacific in the ninth Allianz Risk Barometer 2020, relegating perennial top peril Business interruption (BI) (34% of responses) to second place.

    Asia Risk | 15 Jan 2020
  • Australia: ARPC March 2020 seminar to discuss cyber terrorism research and insurance

    The Australian Reinsurance Pool Corporation (ARPC) will be hosting its first seminar of the year on 18 March to share the findings of its recently-completed cyber terrorism research project.

    Asia | 07 Jan 2020
  • Silent cyber assessment and managing evolving insurance risk

    P&C insurers are gradually getting more sophisticated at measuring risk aggregations and modelling potential losses from catastrophic cyber events, but efficacy of this analysis is inhibited by exposure to non-affirmative or 'silent' cyber risk, Fitch Ratings said. Many insurers now view cyber insurance as an attractive source of premium growth and profits. However, future segment performance faces considerable uncertainty given the evolving nature of cyber incidents in a constantly changing technological, legal and regulatory environment.

    AIRPlus | 06 Jan 2020
  • Despite widespread concerns over data security, half of firms lack cyber security officers

    According to new research from security company White Hat Security almost 50% of the coding and development teams surveyed lack a dedicated cyber security expert.

    Asia Risk | 01 Jan 2020
  • Growing up with technology doesn't make you more cyber-secure

    A new study from NTT, a global technology services and telecom firm based in Japan, has found that younger workers actually have a larger cyber security awareness gap than their older counterparts. The study reports workers under 30 have "profoundly different attitudes towards cyber security."

    Asia Risk | 18 Dec 2019
  • Security responses don't keep pace with growing cyber threats

    A majority of respondents in a new survey Cyber Trendscape 2020 conducted by security and threat intelligence firm FireEye say that, despite increasing cyber threats lot of organisations don't plan to improve their cyber security programs, though all it takes to start is a roadmap.

    Asia Risk | 18 Dec 2019

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