The Monetary Authority of Singapore (MAS) has revised its Technology Risk Management Guidelines to keep pace with emerging technologies and shifts in the cyber threat landscape.
SCOR in partnership with CyberCube has adapted its CAT platform to serve its cyber risk assessment needs. The CAT platform is SCOR's internally developed platform designed to manage natural catastrophe risk accumulations.
Willis Towers Watson has introduced two new cyber risk assessment services in response to the findings from its recent cyber claims insights report.
The breach of SolarWinds and its Orion platform software in December 2020 was the most notable cyber security event of 2020 according to Tenable's inaugural 2020 Threat Landscape Retrospective (TLR) report.
A trio of Covid-19 related risks ranks at the top of Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (#1 with 41% responses) and Pandemic outbreak (#2 with 40%) are this year's top global business risks with Cyber incidents (#3 with 40%) ranking a close third.
Cyber insurance is expected to go mainstream to address the spike in cyber risk for individuals and small businesses. Cyberscout, a provider of personal and commercial cyber risk assistance services, shares its perspective on the fundamental shifts in the global cyber risk landscape that happened in 2020, and what 2021 will bring for the insurance industry.
The use of artificial intelligence (AI) and machine learning to create fake audio and video will impact businesses and individuals with an online presence according to a new report by CyberCube.
Ransomware threat actors continued to innovate both their technology and their criminal modus operandi at a rapid pace during 2020, according to a new report by cyber security firm Sophos.
Cyber attacks skyrocketed during 2020 amid increased remote working following the COVID-19 outbreak, according to a new survey by cyber security firm Netwrix.
Global cybercrime costs will grow by 15% per year over the next five years to $10.5tn annually by 2025 - up from $3tn in 2015.