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The role of human error in cybersecurity breach

The role of human error in cybersecurity breach

Sep 2, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

According to a study by IBM, 95% of cyber security breaches result from human error. Even though humans make mistakes, this mistake is so overwhelming in cybersecurity that 19 out of 20 cyber breaches result from human error. Another report indicated that human error...
Lloyd’s Insurers Must Exclude State-Backed Cyber-Attacks to Avoid Systemic Risks

Lloyd’s Insurers Must Exclude State-Backed Cyber-Attacks to Avoid Systemic Risks

Aug 26, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies, according to a Lloyd’s market bulletin issued this week. The exclusion would include liability for losses arising from both war- and non-war-related state-backed...
Climate Change, Insurance Change

Climate Change, Insurance Change

Aug 19, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

hange is the constant companion of the global insurance market. While geared for risk-mitigation, the omnipresent threat of the unanticipated catastrophe due to climate change demands a shift in the insurance outlook to account for its place in a world with a new set...
Cybercriminals eye South African SMEs lack of security

Cybercriminals eye South African SMEs lack of security

Aug 12, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Steve Flynn, sales and marketing director of ESET South Africa, says South African small businesses are particularly vulnerable to cyberattacks. Why? Business owners aren’t taking the necessary precautions to protect their digital assets, often with dire financial...
Cybersecurity best practices – how should companies respond to a cyberattack?

Cybersecurity best practices – how should companies respond to a cyberattack?

Aug 5, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Businesses have seen a massive spike in cyberattacks since the pandemic began, with weekly numbers reaching an all-time by the end of last year, the latest report from cyber intelligence firm Check Point Research has revealed. Globally, the volume of attacks jumped by...
Grudge purchase or not – cyber security is non-negotiable

Grudge purchase or not – cyber security is non-negotiable

Jul 29, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Research into the global cyber security threat landscape shows a marked increase in threats to business services, an evolution in ransomware attacks and confirmation that emails are being used to send malicious documents and executables like infostealers and Trojans....
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