Insurers should be banned from making ransomware payments, says ex-head of UK cybersecurity
Insurers should be banned from paying clients’ ransom payments...
- Commercial Risk / Article / 2 days ago
- www.commercialriskonline.com
World unlikely to step in to stop west African piracy
Global trade swayed the decision-making in favour of taking a stand against the Somali pirates operating off the east coast of Africa but, as Liz Booth...
- Commercial Risk / Article / 10 months ago
- www.commercialriskonline.com
Cyber market shows signs of hardening as losses grow
Cyber insurance rates are likely to rise for large companies in 2020, as losses from ransomware attacks take their toll on this fledgling market...
- Commercial Risk / Article / 11 months ago
- www.commercialriskonline.com
Series of pirate attacks worries African marine sector
Risk managers with marine interests and with supply chains involving transiting African waters should be monitoring a surge in pirate attacks on the west coast of the continent...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
Ransomware attack brings down production at Belgian firm Picanol
Global operations of Belgian textile technology company Picanol have been brought to a standstill following a ransomware attack, and the firm said it will not be...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
Beware ransomware: the threat continues
Risk managers should not relax their guard against ransomware attacks, according to an IT expert who has warned the threat still exists...
- Commercial Risk / Article / 1 year ago
- www.commercialriskonline.com
Belgium’s Asco confirms ‘large-scale’ ransomware attack
Belgian aviation manufacturer Asco has confirmed a “large-scale” ransomware attack that has taken down all business activities and its communications.
- Commercial Risk / Article / 2 years ago
- www.commercialriskonline.com
Buyer associations vent frustration over ‘unacceptable’ cyber disputes
European insurance buyer associations are frustrated that several insurers have denied cyber claims for the 2017 NotPetya cyberattack, telling CRE that such...
- Commercial Risk / Article / 2 years ago
- www.commercialriskonline.com
NotPetya did not trigger cyber war exclusions, concludes Marsh
The NotPetya cyberattack did not meet criteria for ‘warlike’ activity and therefore should not have triggered the war exclusion in cyber polices, Marsh concluded this week...
- Commercial Risk / Article / 2 years ago
- www.commercialriskonline.com
UK board level engagement on cyber lags awareness
Cyber risk awareness is rising in the UK but concern has yet to translate into board engagement or companies taking out more insurance, according to a recent report by the UK Government...
- Commercial Risk / Article / 3 years ago
- www.commercialriskonline.com