Darren Beckinsale • GDPR, Cyber & Data • 19th Oct 2018 • 2 min read time Cyber criminals are smart, cyber cover from Aviva is smarter Businesses may not realise that something as simple as sending and receiving emails or speaking on the phone puts them at risk of a cyber breach. 46% of SMEs have been affected by a cyber breach in the last year* – yet only 13.7% have cyber insurance to protect their businesses**. Somewhat an underestimated threat. […]
Darren Beckinsale • GDPR, Cyber & Data, Risk Insights • 10th Oct 2018 • 2 min read time How safe are your networks? Sophisticated cyber-attacks are on the rise. Research published this year reported that there was a malware attack every five seconds. That’s 18,000 events every single hour. Cyber-attacks are a big and expensive problem. How big? Well Lloyds of London this year estimated that cyber-attacks cost businesses some $400bn every year, that’s 1% of global income. […]
Darren Beckinsale • GDPR, Cyber & Data, Newsletters • 10th Oct 2018 • 2 min read time Allianz launches free cyber risk assessment tool Allianz Insurance plc has partnered with leading global cyber security consultancy, IT Governance Ltd, to offer its commercial customers a free online cyber risk assessment. The Allianz Cyber Risk Assessment tool is designed to help businesses protect themselves against a potential cyber-attack. It provides policyholders with an online questionnaire based on the Government’s ‘Cyber Essentials’ […]
Darren Beckinsale • GDPR, Cyber & Data, Risk Insights • 10th Oct 2018 • 5 min read time Phishing for small fish: why SMEs need cyber insurance Justin Clarke, Director of Underwriting and Pricing at NIG, explores the threat of cybercrime to small and medium-sized businesses, and explains why comprehensive cyber insurance coverage is essential. Cyber criminals don’t go after small fish, right? Actually, nearly three-quarters of small and medium-sized businesses have suffered a security breach (SC1), and a report from the […]
Darren Beckinsale • GDPR, Cyber & Data, Risk Insights • 10th Oct 2018 • 3 min read time Cybercrime in the UK on SMEs Technology no doubt has brought about a lot of positives. However, you cannot argue the fact that these positives have come at a cost. This cost is the prevalence of cybercrimes! Just recently, cybercrime hit the headlines in the UK once again; from the infamous WannaCry attack on the NHS to Barclays declaring war on […]
Darren Beckinsale • GDPR, Cyber & Data, Regulatory Updates • 10th Oct 2018 • 3 min read time GDPR is coming in May, But why buy Cyber Insurance? Cybercrime is fast increasing and with the European Union having concluded the legislation that has been forthcoming since the year 2012, whether companies will seek cyber insurance remains to be seen. This legislation is expected to seal some outlets that have enabled the escalation of cybercrime activities. In addition, it will diversify company obligations especially […]
Darren Beckinsale • Cover Overviews, GDPR, Cyber & Data • 21st Mar 2017 • 1 min read time Introducing Aviva’s new cyber cover As digital technologies accelerate, so do cyber risks. From hacking and malicious attacks to stolen laptops and data, cyber criminals attack indiscriminately. But online attacks are only a part of it. System failure and employee negligence have an equally damaging impact on businesses too. Digital and data reliance is now normal for most businesses. Aviva […]
