Cyber Risk
176 whitepapers and resources
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.
SMEs: Emerging risks - Protecting the little guys
A changing risk landscape is creating new challenges for SMEs and those tasked with providing the sector with insurance. This article highlights why SMEs need to evolve in order to mitigate the risks posed by cyber attacks, data protection issues and Brexit.
SMEs: Emerging risks - Cybersecurity for smaller businesses
In 2018, household names such as British Airways, Marriott Hotels and Facebook faced the potentially devastating consequences of large scale data breaches. However, the threat may be bigger for SMEs, as smaller businesses lack the same resources to protect themselves against a cybersecurity attack.
Cyber threats to UK businesses
Cyber risk is now number one or very high on the threat matrix for many organisations. This report sheds light on the evolving landscape of cyber risk in the UK, how insurers can price cyber risk and four simple steps organisations can follow to proactively manage cyber risk.
Cyber prevention: Staying ahead of the phishers, vishers and smishers
Symantec reports that the number of ransomware variants has increased by 46 percent and this trend is expected to continue as cyber crime methods evolve. This article highlights the latest cyber trends, areas vulnerable to attack and the steps organisations can take to mitigate cyber risks.