Category Archives: Cyber Risk

Cyber: A Risk Like No Other

global cyber risk

I am in the insurance business, and for years I delivered a stump speech to CEOs, CFOs, CROs and risk managers trying to get them to pay attention to cyber risk. I don’t have to make that speech anymore. Continue reading →

Terrorism: An Evolving Response to an Evolving Threat

malware as terrorism

Modes of terrorist attack are changing. The world today confronts the self-proclaimed Islamic State, built on terrorist tactics and apparently determined to export its methods in any way it can. In the US, we see acts of terror perpetrated by … Continue reading →

Complacency – The Biggest Cyber Risk to Construction and Real Estate Companies

hacking buildings

Stories of cyber attacks reported on television or in newspapers invariably point to anarchist groups, disgruntled techies or bored geeks, holed up in their parents’ lofts. Successful attacks cannot happen without geeks and technology, but the threats faced by corporates … Continue reading →

IoT: With Great Potential Come Great Security Challenges

internet of things

The world is becoming increasingly digital, driven by near ubiquitous wireless connectivity, inexpensive processing, ever-more sophisticated sensor solutions, and proliferation of internet- connected devices. Continue reading →

Cyber Claims Landscape: Companies Face Increasing Data Breach Liability

cyber risk

The cyber risk landscape is rapidly evolving. Governments are facing an unprecedented level of cyber attacks and threats with the potential to undermine national security and critical infrastructure. Similarly, businesses across a wide range of industry sectors are exposed to … Continue reading →

US Industry and Government Collaborate to Address Cyber Risks

White House cyber risk

Recognizing that collaboration between the public and private sectors is needed to address the ever-increasing cybersecurity crisis, the United States federal government has recently shown its support to the insurance industry to help deliver optimal cyber insurance solutions to the … Continue reading →

How Big a Problem is Airline Hacking?

airline hacking

Another cyber-attack against a national airline has once again exposed the vulnerability of the aviation sector to criminal hackers and their paymasters. Continue reading →

Data Breaches: Being Prepared for When (Not If) it Will Happen to You

Data-Breach-IT-Guys

In our ever-more-cyber world, there is no getting around one very disconcerting fact: data breaches are going to happen. Almost every week brings a new story of a company or organization reeling from a data breach. Continue reading →

How Attitudes and Approaches to Risk Management Differ Between UK Law Firms

Willis Risk Barometer: A Study on How Attitudes And Approaches To Risk Management Differ Between U.K. Law Firms

The risk and compliance function within law firms is one of the most arduous roles within the business. We recently surveyed over 130 partners, COFAs, COLPs, risk directors and other members of risk and compliance teams at UK law firms … Continue reading →

What is Your Family’s Social Media Liability?

social media Liabilitiy

As social media use becomes increasingly ingrained in our daily lives, the potential for something we post to be taken out of context or misconstrued is only going to increase. When adults are being sued for negative yelp reviews and … Continue reading →