Jan 20, 2023 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
A report published by cybersecurity company Surfshark has highlighted South Africa ranking 6th in the world regarding cybercrime density – which costs the country an estimated R2.2 billion annually. According to the director of Cyber Security at the University of...
Jan 6, 2023 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
While ransomware gangs continue to be successful in extorting money from businesses, those that do pay demands are financing the ransomware industry and further crime. With increasing attacks on areas like critical infrastructure and healthcare, it’s now become more...
Dec 23, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Since insurance first started centuries ago, premiums have been determined on the basis of client risk profiles, with insurers pooling risk across large numbers of clients to take advantage of the laws of large numbers. It has always been an imperative for insurers to...
Dec 9, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Businesses are not patching cybersecurity vulnerabilities fast enough – and with the volume of cybersecurity incidents increasing, this should be an area of concern for ICT teams. This is a key finding of the Security Navigator 2023 research report from Orange...
Dec 2, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In 2022, governments fought wars online, businesses were affected by multiple ransomware gangs, and regular users’ data was constantly on hackers’ radar. Marijus Briedis, chief technical officer of NordVPN, comments: “Next year will not be any easier when it comes to...
Nov 25, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Ransomware attacks have not only become more prevalent in the past few years, but they have also become more malicious and vicious. The original attack of encrypting data is now being followed by double extortion, where data that is stolen is threatened to be released...
