Fewer than a quarter of the 200 largest worldwide insurers have 'truly digitalised the value chain' according to a new study by ACORD, the standards-setting body for the global insurance industry.
A new research has revealed that 89% of electricity, oil and gas, and manufacturing firms have experienced cyber attacks impacting production and energy supply over the past 12 months.
The share of critical incidents experienced by organisations increased from one-in-ten (9%) in 2020 to one-in-seven (14%) in 2021 according to a new study by global cyber security firm Kaspersky.
The Insurance Federation of Egypt (IFE) has said that adhering to traditional work patterns as well as the traditional IT models developed within an institution, is no longer suitable for modern business.
Howden's latest annual cyber report reveals that Russia president Vladimir Putin's invasion of Ukraine and cyber resilience have combined to temper global ransomware activity.
Global cyber security spending in industrial critical infrastructure sectors (energy, transport, water and waste management and more) is expected to touch $23bn by the end of 2022 and grow at a CAGR of 10% to reach $36.67bn in 2027 according to a new report by technology intelligence firm ABI Research.
In 2021 year-on-year ransomware attacks increased by 13%, a rise greater than the past five years combined according to the Verizon Business 2022 Data Breach Investigations Report (2022 DBIR).
Research based on the analysis of incidents reported to customers of Kaspersky Managed Detection and Response (MDR) has revealed that the share of critical incidents experienced by organisations increased from 9% in 2020, to 14% in 2021.
There is a 'disproportionately high' mismatch between cyber risk awareness and implementation of protection measures given the increasing frequency and severity of attacks according to Munich Re.
The toll of almost three years of unrelenting workplace disruption, digital transformation and ransomware attacks means most leaders are no more confident in their ability to manage cyber risk than they were two years ago.