Category Archives: Cyber Risk

Hackers: Want Some Cyber With Your Coffee?

cyber-coffee-spilled

Our increasing use of mobile devices to transact business, coupled with lax security by software developers, makes mobile devices low-hanging fruit for hackers. Continue reading →

No Flight of Fancy – Real World Examples of Aviation Cyber Vulnerabilities

airplane keyboard

Headlines about aircraft platform cyber vulnerabilities grab our attention inevitably, and the current furor created by the FBI investigation of Chris Roberts who reportedly hacked an airplane in flight quite rightly focuses the mind upon platform vulnerabilities. However, airline operators … Continue reading →

Managing Digital Risks in the Retail World

cyberrisk

The retail sector has been revolutionised by developments in the digital world, opening up a whole new way to access consumers through better quality data capture. It has also led to improved technology and efficiency both in-store and operationally. However, … Continue reading →

Cyber Crime Attracts New Life Sentence in the UK

crime laptop

Any doubts that the UK Government may not be taking cyber-crime seriously enough should have been dispelled on May 3rd 2015 when an amendment to the Computer Misuse Act 1990 comes into force for the first time. For serious computer-related … Continue reading →

Marketplace Realities 2015 – Spring Update

commercial rate predictions 2015

The trend remains positive for insurance buyers, as softening conditions accelerate in 2015. Line-by-line details are available in our spring update to Marketplace Realities 2015,the long-running series featuring insights from Willis North America experts. But here’s an overview of where … Continue reading →

Chief Data Officers – The Case for the Defence

data storage

A large number of financial institutions (FIs) have appointed chief data officers (CDOs) over the past couple of years. I know a few of them and while they come from a wide variety of backgrounds—some technical, some business, some ‘data … Continue reading →

Cyber Threat Explodes on Mobile Devices

mobile cyberrisk

According to IDC’s quarterly report for Q3 2014, sales of mobile devices, (smart-phones and tablets) exceeded 327,000,000. There is currently something over 3 billion internet users with almost 6 billion internet devices live. The shift to mobile is pervasive and … Continue reading →

The Machines Are Coming: What Does That Mean for Liability?

robot

From Dilbert to Davos, Artificial Intelligence (AI) is entering the mainstream. Goldman Sachs believes we are “on the cusp of a period of more rapid growth in its use and applications”. Gartner describes it as “a juggernaut trend for the … Continue reading →

Boards Urged to Take Cyber Risk Seriously Before it’s Too Late

computer-dice

It is no longer a case of if a firm will experience a cyber incident, but when. That was the over-arching message from leaders in network security, regulation, law enforcement, risk management and cyber risk insurance who gathered at the … Continue reading →

Cyber Insurance Market Has Key Role to Play in Boosting Cyber Security

U.S. President Barack Obama speaks at the Summit on Cybersecurity and Consumer Protection at Stanford University in Palo Alta, California February 13, 2015.

Last week I attended the first White House Summit on Cybersecurity and Consumer Protection at Stanford University, where President Obama signed an executive order urging private industry to join forces with the federal government to strengthen data security by sharing … Continue reading →