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Cyber tag returned 797 results

  • Majority make use of their cyber insurance

    A majority of organisations (80%) have had to use their cyber insurance and more than 50% have used it more than once according to a new analysis by Delinea.

    Asia Risk | 30 Nov 2022
  • Cyber criminals are getting more 'innovative'

    The cyber threat landscape has reached a new level of commercialisation and convenience for would-be attackers, with nearly all barriers to entry for committing cyber crime removed through the expansion of cyber crime-as-a-service according to Sophos' 2023 Threat Report.

    Asia Risk | 30 Nov 2022
  • Australia: APRA to intensify supervision of listed private health fund in wake of hacking

    The Australian Prudential Regulation Authority (APRA) has intensified its supervision of Medibank, one of the largest Australian private health insurance providers, in response to the massive October 2022 cyber incident, which has significantly impacted Medibank customers and raised concerns about the strength of the company's operational risk controls.

    Asia | 29 Nov 2022
  • Increasing cyber attacks call for improving cyber resilience

    Unprecedented digitalisation in our society has pushed many business leaders and executives to understand how they can adequately assess and govern cyber risk according to a new blog by World Economic Forum (WEF).

    Asia Risk | 23 Nov 2022
  • Australia: Businesses advised to review cyber insurance limits in aftermath of cyber attacks

    ?There is merit in reviewing current cyber insurance limits as the risk of cyber incidents has increased and the government takes steps to hike data breach penalties, says Mr Nathan Mauriello, senior client executive - Professional and Executive Risks at the broking firm Honan.

    Asia | 18 Nov 2022
  • India: Regulator asdvises insurers to ban use of out-of-date operating systems and IT equipment

    The IRDAI has asked insurance companies to to put in place a policy approved by their board of directors on the scrapping or disposal of out-of-date computer operating systems and equipment.

    Asia | 18 Nov 2022
  • India: Majority foresee an increase in 2023 cyber security budgets

    Over 50% of Indian respondents believe that they have fully mitigated the risks, their bold moves incurred since 2020 according to PwC's annual Global Digital Trust Insights 2022 - India edition.

    Asia Risk | 16 Nov 2022
  • Economic concerns overshadow environmental and cyber risks

    Rapid inflation, debt crises and the cost of living crisis are the biggest threats to doing business over the next two years in G20 countries according to 2022 executive opinion survey conducted by the World Economic Forum's Centre for the New Economy and Society.

    Asia Risk | 16 Nov 2022
  • More measures taken to protect from cyber attacks

    More people, than ever, are now taking concrete steps to protect their personal information and data from cyber attacks. While the progress is encouraging, poor cyber security behaviours remain far too common, according to the 2022 edition of the Chubb annual study on cyber risk.

    Asia Risk | 16 Nov 2022
  • Authorities issue proposals for developing cyber insurance and security

    The CBIRC and the Ministry of Industry and Information Technology have issued jointly an exposure draft on cyber security and insurance. The goal is to accelerate the integrated development of cyber security and related innovative financial services, and promote new forms of cyber insurance and the high-quality development of the cybersecurity industry.

    China | 11 Nov 2022

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