Cyber
Large rise in China and Hong Kong cyber attacks, says PWC
Cyber attacks on businesses in China and Hong Kong have soared in the last two years according to research from a PWC survey.
Innovation in Insurance 2016: Insurers are adapting to emerging risks
Insurers have been quick to adapt to emerging risks, a conference heard.
Data protection: The cost of hacks set to climb
The hefty fine levied against Talk Talk for failing to protect its customers' data will pale in comparison to the maximum penalty regulators will be able to hand out in less than two years.
New insurtech enters the market to drive uptake in cyber policies
New insurtech start-up, Cyberfense, has been approved by the Financial Conduct Authority and can now operate as an MGA.
Government 'does not understand' cyber threat to driverless cars
The government does not fully understand the risk posed to driverless cars by hackers, Parliament heard.
Insurers 'must adapt lines to changing terrorist threat'
Insurers must create new lines of cover to protect against the changing threat of terrorism, according to a new report.
Industry highlights importance of cyber cover following Friday's attacks
Brokers and insurers have highlighted the growing necessity for cyber cover following Friday’s high profile cyber-attack.
Ex-FBI cyber chief James Trainor joins Aon Risk Solutions
Aon Risk Solutions has appointed a former Federal Bureau of Investigation agent to its cyber solutions group.
Aon acquires cyber risk specialist Stroz Friedberg
Aon is to buy US risk management firm, Stoz Fredberg.
Tough attitude from ICO on Talk Talk breach highlights issue for data protection regulations
Insurance lawyers believe the Talk Talk data breach has highlighted important issues in time for the forthcoming 2018 data protection regulations.
New cyber coverage endorsement could minimise business interruption following an attack
Fm Global has introduced a new add-on product which gives current policy holders the opportunity to maximise their recovery from a cyber-attack.
Engineering insurance sector is under-evaluating cyber risks
Cyber risks are underestimated by engineering underwriters despite the Internet of Things and cloud computing having a direct impact on engineering risk landscape.
Cyber risks are transport industry's biggest concern
The increased security threat from cyber and data privacy breaches is the number one risk on the minds of executives in the transportation industry.
FCA sees dramatic rise in cyber attacks
There were 75 cyber attacks on financial services firms last year, the Financial Conduct Authority said.
Hiscox appoints Matt Webb as head of cyber
Hiscox has promoted Matt Webb to the newly created role of group head of cyber.
Yahoo breach will push more firms to take out cyber cover
The Yahoo data-breach will push more firms to take out specialist cyber-insurance, analysts have told Post.
Hack of Tesla car raises fresh liability concerns
The successful hack of a Tesla driverless car has raised potential insurance implications that will need to be addressed by UK legislators, experts have warned.
Lloyd's: 90% of major firms hit by cyber attacks
Nine in ten big businesses have suffered a major cyber-attack in the past five years but less than half are worried about suffering another breach in the future, a survey has found.
Week in Post: Caterpillars, DIY and D&O
As a mum to an eight-month-old, the most high-tech my life gets is reading The Very Hungry Caterpillar. So I don't get many software or hardware issues.
D&O innovation
With a spate of innovation in the directors’ & officers’ market, how is the cover staying relevant in a constantly changing world?
Chubb expands UK cyber risk capabilities
Chubb has expanded its cyber risk engineering capabilities in the UK and Ireland.
One third of UK firms now buy cyber cover
UK firms are taking increasingly seriously the need for adequate cyber insurance, with 29% of businesses now in the process of buying cover.
Industry welcomes plans to build 'Great British Firewall'
The industry has welcomed plans to create a ‘Great British Firewall’ that will offer protection to major business against malicious cyber-attacks.
XL Catlin's Simon Cook on the role of reinsurers in cyber
Data breaches, ransomware attacks and social media scams are all making the headlines and are the stuff of nightmares for risk managers. It’s not surprising then that the insurance industry has been occupied with trying to develop solutions that respond…