07/10/2023
Beware of new tools emerging for cyber hackers
The wide-ranging Insurance Day article, headlined Disruptive sectors will force the evolution of cyber insurance, was written by London-based online editor Louise Isted.
Cyber Security
07/07/2023
Bermuda insurers see big increases in exposures for cyber worst case scenarios
The BMA also said commercial insurers would see gross losses increase to $7.3 billion from $6.4 billion in a cyber worst case reporting scenario, according to its Cyber Underwriting Report 2022.
07/07/2023
Martin Lewis calls for regulation after featuring in deepfake AI scam
Lewis called the ad “weird and pretty frightening”, and urged consumers to stay vigilant before transferring funds to unknown sources.
07/06/2023
Major Saudi cybersecurity improvements attracting investors, London forum told
“We have training camps and bachelor’s and master’s degrees in cybersecurity, which is building domestic expertise in the field and transforming investment opportunities.”
07/04/2023
Aussie banks, regulators and telcos team to tackle investment scams
The National Anti-Scam Centre will coordinate a series of fusion cells with different participants to target particular scam types.
07/04/2023
Cyber insurance: challenges and opportunities of an emerging market
In conclusion, taking into consideration that cyber is still in its infancy
07/03/2023
Zero trust is top cloud security priority for next year, research finds
‘Future of Cloud Security in the Middle East’ report found that security experts would prioritise zero trust strategies ahead of data and privacy and compliance
06/30/2023
New 'Pink WhatsApp' scams users, steals personal information from phones; how to protect yourself
Certain countries have asked users to beware of such links and have even issued alerts
06/27/2023
Law enforcement agencies cracking down on cyber criminals
LockBit is the name of both a piece of malicious software and a group said to be behind criminal attacks on computer systems around the world.
06/27/2023
Cyber security: Are we the weak points?
This kind of trap is becoming all too common, and we must be savvy to navigate between the scams and genuine communications.
06/23/2023
Small nations need to strengthen networks against cyber-attack say regulators
In many of the nations represented at the SNRF, programmes have been initiated by regulators aimed at educating users
06/23/2023
UK banks expect rise in cyber crime due to economic downturn
However, despite the gloomy forecast, the majority (62%) of finance firms have seen their IT security budgets reduce due to the downturn.
06/22/2023
Canopius provides capacity to cyber solutions provider
"When combined with Canopius' and SCOR's expertise, together we are equipped to deliver unparalleled cyber protection to customers.
06/21/2023
European banks hit by Russian hackers
The hackers have a used a series of distributed denial of service (DDoS) attacks on the EIB and other financial institutions.
06/14/2023
PwC and Capita win contract to replace Action Fraud
PwC and Capita have signed a five-year deal worth £50 million to take over contact centre operations and provide new fraud reporting tools.
06/14/2023
TSB calls on Meta to do more to prevent spiralling levels of fraud
In addition, TSB estimates that over 70,0003 purchase fraud cases - almost 200 a day - took place on Facebook Marketplace in 2022.
06/09/2023
Cyber incident reporting guide updated for UK digital infrastructure sector
The updated guidelines also refer back to the regulatory enforcement guidelines published in December 2022
06/08/2023
Sure Business specialist becomes most qualified in Channel Islands
These qualifications were designed to give a deeper understanding of cyber security risk, help you keep ahead anew EU guidelines and teach how to establish and optimise programs based on a business’s cyber security framework.
06/07/2023
Cyber crime 'will cost businesses $8 trillion this year' says Grant Thornton
“Cyber threats have escalated significantly in recent years and will continue to do so,” according to Mike Harris, cyber and forensics partner at Grant Thornton.
06/02/2023
Effort to improve cybersecurity and privacy standards
IASME’s certification mechanism allows organisations to self-certify or to engage with a trained assessor to evaluate the organisation and provide a third-party certification.