Mar 15, 2024 | insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In an era where data is crucial, the insurance sector is undergoing a transformative shift towards data-driven decision-making and personalized services. The ability to analyse vast amounts of information has become an essential factor in risk assessment, insurance...
Jun 23, 2023 | Cybersecurity and business, Latest Insurance Articles
Cyberattacks on South African companies are on the rise. Local insurers and incident response teams reporting the highest level of incidents they have ever seen, , as these attacks become more frequent and sophisticated, the majority of local businesses can expect to...
Feb 10, 2023 | Articles, Blackouts, Critical infrastructure, Cybersecurity and business, Latest Insurance Articles
It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses), however, it is macroeconomic developments such as...
Feb 3, 2023 | Articles, cyber, Cybersecurity and business, insurance, insurance news, Latest Insurance Articles
Cyber threats are increasing at a rate far greater than the industry is able to cope with. Despite this, C-Suite executives still don’t take cybersecurity seriously enough while boards are not nearly as engaged in cybersecurity as they are in other areas of oversight,...
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...