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Cyber tag returned 224 results

  • Global: Five cyber security threats on the rise--Accenture

    Organisations and critical infrastructure will likely experience a greater number of, and more destructive cyberattacks, including physical damage perpetrated by highly funded rogue nation states and cybercriminals looking to disrupt business operations, make money or spy on targets, according to a new report from Accenture.

    Asia Risk | 15 Aug 2018
  • ASEAN: Singapore minister calls for ASEAN-wide cybersecurity standards

    Singapore is seeking to establish regional standards and share best practices on cyber security with its Southeast Asian neighbours against a backdrop of commerce and public services seeing a digital shift, reported ABS-CBN news.

    Asia Risk | 15 Aug 2018
  • Global: Office 365 email attacks still on the rise

    Attacks targeting business email accounts continued to climb in the second quarter, with the hardest hit organisations using Office 365, the popular cloud- and subscription-based work software, according to a recent Beazley report.

    Asia Risk | 08 Aug 2018
  • Mid-2018 update: Top risks this year

    In January, Willis Towers Watson came up with a list of the top 10 most dangerous risks for insurers in 2018, based on inputs from 200 participants from the insurance industry. Now that it is July, Willis Re executive vice president Dave Ingram has provided a global mid-year update on the risks in a blog post. Risk managers: gauge where you stand and make adjustments to your risk assessments if necessary.

    AIRPlus | 06 Aug 2018
  • Singapore: MAS directs financial institutions to tighten customer verification process

    The Monetary Authority of Singapore (MAS) has issued a circular to all financial institutions, directing them to tighten their customer verification processes. This follows the recent cyber attack at SingHealth, one of Singapore's two major healthcare groups, where personal information of 1.5 million individuals was illegally accessed and stolen.

    Asia Risk | 25 Jul 2018
  • Insurance industry's first standard for global cyber data breach released

    ACORD, the global standards-setting body for the insurance industry, has announced the release of what is said to be an industry-first standard for cyber data breach. The ACORD Cyber Data Breach Standard was developed in collaboration with Aon and specialist insurer Beazley, said the three entities in a joint statement last week.

    Asia Risk | 18 Jul 2018
  • Average cost of data breach $3.86m-study

    The average cost of a data breach was $3.86m in 2018, compared to $3.5m in 2014- representing nearly a 10% net increase over the past 5 years, according to the latest Cost of a Data Breach Study sponsored by IBM Security and conducted by Ponemon Institute.

    Asia Risk | 18 Jul 2018
  • UK Prudential Regulatory Authority issues warning about crypto-assets

    The UK Prudential Regulatory Authority has written to the CEOs of financial institutions highlighting concerns about crypto-assets and highlighting their risk management regulatory obligations should they have relevant exposure.

    Asia Risk | 18 Jul 2018
  • Resilience and continuity in an interconnected and changing world

    Technology can help create new financial services and products, new approaches to risk management and indeed reach new customers. New threats like cyber risks have highlighted why operational resilience is important and firms should be on a 'WAR' footing to withstand threats, absorb shocks and recover from incidents, says Bank of England Prudential Regulatory Authority deputy CEO and regulatory operations and supervisory risk specialists executive director Lyndon Nelson.

    AIRPlus | 05 Jul 2018
  • Cyber to generate fastest premium growth by 2021 - Aon

    Aon predicts that growth in cyber insurance premiums will outpace all others by 2021, with worldwide premiums worth $4bn.

    AIRPlus | 04 Jul 2018

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