Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row. That’s according to Allianz’s Risk Barometer 2023, which found that at the same time macroeconomic developments such as inflation, financial market volatility Read More …
Tag: Cyber risk management
Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
Managing Cybersecurity as a Business Decision
With the risk landscape getting more complex, Boards have realized that cyber risk can pose a significant operational threat to business. A Gartner survey of the Board of Directors in 2022 found that 88% of the respondents considered cybersecurity risk Read More …
Managing M&A Risk: How Endpoint Visibility Could Deliver Critical Advantage
Merger and acquisition (M&A) activity hit a record high in 2021 of more than $5 trillion in global volume. While the market has certainly slowed this year, it remains on par with pre-pandemic levels — quite a feat at a time of business uncertainty Read More …
How Risk-Based Patch Management Can Help Overcome The Overwhelming Wave Of Cyber Threats
If you haven’t heard of risk-based patch management (RBPM), it is emerging as an approachable, logical and effective strategy in today’s volatile cybersecurity environment. And “volatile” might not even be a strong enough word. How did we get here? Digital Read More …
How to align cyber risk management with business needs
Living in an advanced digital society means that organizations need to have an in-depth understanding of cybersecurity in order to take effective action. The dynamic nature of cyber risk means that boards of directors must take a multi-dimensional approach in Read More …
Biggest target of cyber threats is Indian education sector, says report
According to a report titled ‘Cyber Threats Targeting the Global Education Sector’, India is the biggest target of cyber threats to educational institutions and online platforms followed by the USA, the UK, Indonesia and Brazil. The key triggers that enlarged the attack Read More …
Risk analytics to the rescue
Cyber security remains a challenge for insurers worldwide, according to Ron Harasym, head of risk analytics, enterprise risk management (ERM) at Protective Life Insurance Company Speaking to Risk.net, Harasym says risk analytics is a challenge across the board whether you’re Read More …
What is Cybersecurity Mesh Architecture?
When Gartner predicts that “Cybersecurity Mesh Architecture (CSMA)” will be one of the top security and risk management trends of last year and this year too, that news might come as a surprise to those of us who have never heard of it. Read More …
The Role Of CTO In Security
As cyberspace has evolved and matured, the role of CTO has become increasingly demanding due to the business-damaging nature of cyber threats, which are constantly changing and becoming more covert and sophisticated. Accordingly, the CTO needs to embed security in Read More …
Climate, Cyber and Financial Volatility Lead List of Emerging Risks
Climate risk, cyber concerns, and financial volatility are the top emerging risks according to an annual survey of risk managers. Providing insights on emerging risks over time, the 15th Annual Emerging Risk Survey is sponsored by the Joint Risk Management Section Read More …