Tag Archives: cyber liability
Why cyber risk should be a priority for every boardroom
Why cyber risk should be a priority for every boardroom Cyber security is a top priority for many organisations, but the task can seem daunting. It’s now possible to make your business more secure with less risk to be hacked into, thanks not only to modern technology and resources like analytics tools—but also by making…
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The changing regulatory landscape in the UK and emerging risks
The changing regulatory landscape in the UK and emerging risks Historically, D&O risks were weighted towards securities litigation in North America, with many other territories experiencing a benign claim environment. This has changed in recent years. According to Chubb’s own data, the average large loss cost for D&O policies in the UK has tripled and…
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Navigating the modern cyber risks landscape
Navigating the modern cyber risks landscape With cyber criminals becoming more sophisticated by the day, business must act now to shore up their defenses. As recently as five years ago, cyber risk was widely perceived as a technological challenge. Protected by firewalls and virus protection software – not to mention the company IT…
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More than half of British firms ‘report cyber-attacks in 2019’
The proportion of UK firms reporting a cyber-attack has jumped, despite most businesses admitting they are under-prepared for breaches, according to research from Hiscox. The insurer found 55% had faced an attack in 2019, up from 40% last year. But almost three quarters of firms were ranked as “novices” in terms of cyber readiness. Hiscox…
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