Global conflict, bush fires, flooding and political unrest. These are just some of the key issues unearthed as a result of the Institute of Risk Management (IRM) asking its senior members what their risk predictions are for 2020. In Part 2 of Risk Xtra’s comprehensive…
Cyber Risk
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Of the 1,000 businesses recently surveyed by Gallagher (the global insurance broker, risk management services and consulting firm), almost two-fifths (39%) of senior decision-makers in UK companies say cyber attacks are one of their biggest concerns, yet the majority of businesses (82%) don’t have specialist…
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It’s difficult to avoid discussions about digital trends, business models and the resulting benefits. The world’s most valued organisations provide digital services. Private investment in new digital start-ups is sky high, while the benefits to organisations of digitalising processes and services can be significant. Digitalisation…
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Historically, meeting governance, risk and compliance (GRC) mandates was typically all about ensuring businesses had solutions in place to gain compliance, thus reducing the risk or consequences of non-compliance from the regulators (ie fines and penalties associated with failing compliance), observes Christopher Strand. Now, true…
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While addressing a room full of Government officials, peers and industry leaders alongside Baroness Neville-Jones (former chair of the Joint Intelligence Committee), James Dalton, the director of general insurance policy at the Association of British Insurers (ABI), has stepped up the ABI’s calls for access…
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Data breaches are costly. According to a recent study conducted by The Ponemon Institute, the average breach costs an organisation $3.86 million. A separate study found that, although the share price of breach-affected companies shows its sharpest drop 14 days after the breach is made…
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Data breaches are a constant in today’s headlines, but in recent years the risk has been front and centre of some of the most significant M&A deals, writes Jake Olcott. In 2017, Verizon discounted its acquisition price by $350 million when Yahoo belatedly disclosed that…
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As part of what is an already inspiring conference line-up, Infosecurity Europe’s organisers have now announced that renowned BBC broadcaster and author Kate Adie will be delivering the opening Keynote at this year’s event on Tuesday 4 June (from 10.15 am-11.05 am). Also announced to…
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Businesses “woefully unprepared” for cyber breaches due to lack of IT security and ops basics
by Brian Sims1E, the endpoint management and security company, has published ‘Getting Your House in Order’. The document contains research findings that showcase the considerable scale of security breaches and the challenges businesses still face surrounding cyber attacks. The detailed report concludes with a ten-point Action Plan…
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Organisations are beholden to their suppliers. For a retailer it could mean the difference between having products on the shelves or not. For a manufacturer, it’s about securing the vital components and materials needed to build industry-leading products. In the UK, we are now predominantly…