More than three-fourths of US businesses are underinsured by 40% or more and 44% of small and medium enterprises (SMEs) in the US have never been insured according to a study. In the event of a catastrophe, such enterprises and organisations either go out of business completely or suffer huge financial losses.
The COVID-19 pandemic has shifted conversations in board rooms towards becoming more vigilant against long-term risks, while also prompting urgency in digital transformation efforts.
Cyber security experts are increasingly concerned about nation-state sponsored cyber-attacks, according to the 2020 CrowdStrike Global Security Attitude Survey.
The Australian Master Builders Association (MBA) will collaborate with the Insurance Council of Australia (ICA) in a bid to strengthen Australian residential buildings against natural disasters.
A new scientific study has warned about the potential effects of wildfire smoke on the risk of COVID-19 infection and severity.
More than half of manufacturers participating in a new security survey have expressed concern over the security of their operational technology (OT) systems. The new survey conducted by TrapX Security in partnership with the Enterprise Strategy Group (ESG) has revealed that 53% of organisations feel their OT is vulnerable to cyber attacks.
Cyber criminals have the ability to leverage artificial intelligence (AI) both as an attack vector and an attack surface to support social engineering attacks at scale, evade image recognition and voice biometrics and launch ransomware attacks through intelligent targeting and evasion, according to a new report from European Union's law enforcement agency Europol.
State-sponsored actors are increasingly targeting prominent companies involved in COVID-19 drug and vaccine development according to Microsoft.
Intact Insurance Specialty Solutions in partnership with Resilience Insurance will offer new cyber insurance solutions which will blend Resilience's cyber analytics technology with Intact's risk transfer capabilities.
In 2020 cyber criminals have been targeting the healthcare industry the most, the sector received 1.6bn secure socket layer (SSL) based threats, at 25.5% of the total.