Cyber Risk
190 whitepapers and resources
Cities held for ransom: Why are public entities easy targets for cyber crime?
Many public entities, hamstrung by tight budgets and inadequate security measures are being repeatedly targeted by hackers. This article provides examples of cities that have been victims of cyber attacks and highlights steps public entities can take to implement affordable cyber security measures.
The pretenders: Hackers target companies, posing as CEOs and other c-level executives
Even with tighter security controls around company servers and networks, hackers have figured out ways to step up their use of apps as a means to gain entry. This article highlights the latest tactics being deployed by hackers and what companies and employees should be on the lookout for.
Ransomware-as-a-Service: The business of distributing cyber attacks
Ransomware is proving to be a profitable endeavour for cyber criminals. It is also what is fuelling a newer trend: the business of offering management of ransomware attacks, or Ransomware-as-a-Service. This article sheds light on this latest trend and how organisations can mitigate their exposure.
Measuring cyber risk resilience around the world
Resilience is the capacity for a business to quickly recover from disruption, adapt to challenges and maintain continuous operations. The FM Global Resilience Index casts a light on the resilience of the business environments of nearly 130 countries and regions to inform risk management decisions.
Cyber - A proactive approach to safeguard your business against 21st century risk
Cyber attacks have become the most prominent threat or disruption to business entities. This article highlights the unprecedented challenges presented by cyber risks, how businesses can take a proactive approach with cyber insurance and how advanced cyber risk modeling overcomes the technology gap.
Let's Talk: Urs Uhlmann on climate change, big data and the evolving challenges of cyber risks
The interconnectedness of technology has surfaced both new capabilities and new risks. Urs Uhlmann, AXA XL’s Country Manager for Canada, shares his views on how the insurance industry is harnessing some of these new capabilities to help clients predict and mitigate different categories of risk.
The challenge of pricing cyber risk - does it feel like nailing jelly to the wall?
Cyber risk protection and mitigation present an enormous business opportunity for insurance carriers, however, calculating cyber risk is far removed from calculating typical commercial risks. This blog post briefly outlines the unique set of challenges associated with pricing cyber risks.
The LockerGoga ransomware attack: A worst-case scenario for industrial operations
A relatively new type of ransomware, LockerGoga, is now plaguing the industrial and manufacturing sector. In this article, Tara Nayak, cyber claims specialist at AXA XL highlights the scale of this threat, the potential implications and how businesses can reduce the impact of a ransomware attack.
When tech is the target: Cyber risks for tech companies
In a world in which cyber attacks are increasing in frequency and severity, companies rely heavily on technology to secure their data and systems. But what if your company is a tech company? This article focuses on the cyber risks for tech companies.
Webinar: Cyber and HNW - What do brokers need to know?
Insurance Age in association with Oak Underwriting recently hosted a webinar focusing on the cyber issues impacting high net worth individuals and how brokers can help their HNW clients to protect themselves from a cyber breach.