Cybersecuirty

The perception of cybersecurity insurance and how it is used to support enterprises with business continuity has shifted significantly. Years ago, risk transference – transferring the risk of an impending cyberattack from an organisation…

With the number and severity of cyber-attacks continuing to grow, companies across the board are finally taking notice of their cyber risks. But with organisations struggling to build in-house cyber security operations (primarily as a…

New data obtained by RSM under a freedom of information request has revealed that financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017.

In recent weeks security researchers have been able to publicise discoveries of data dumps containing over 2.9 billion email addresses and password, labelled ‘Collections #1-5’, that have been sitting in folders on a popular hacking forum.

In the last few years we have seen the frequency and severity of third-party cyberattacks against global financial institutions continue to increase. According to Tom Turner, CEO at BitSight, there is a growing need for more effective risk…