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Tag: cyberrisk

Only a quarter of UAE CISOs say board fully appreciates CISOs’ knowledge of operational risk

Best Practice, Middle East, Research September 18, 2018June 12, 2019 Angharad Gilbey 0 Comments

Research by AKJ Associates has found that a worryingly small percentage of information security experts believe CISOs’ knowledge of operational risk is fully appreciated by the board.

Collaboration vs. competition. Airbus chief’s comments raise questions about competitive cybersecurity

Best Practice, Travel/Hospitality August 5, 2018June 12, 2019 Amanda Oon 0 Comments

The information security world isn’t known for its optimism – so when Airbus UK Chief Ian Goslin spoke last month about embracing collaboration in the interest of the greater cybersecurity good, it raised mixed reactions.

Kroll appoints Associate Managing Director for Hong Kong Cyber Risk practice

Asia Pacific, People Moves, Vendor News August 1, 2018June 12, 2019 Angharad Gilbey 0 Comments

Corporate investigations and risk consulting firm Kroll has announced the appointment of Richard Davies as Associate Managing Director in its Hong Kong Cyber Risk practice.

BitSight raises $60M Series D funding

Cybermoney, Vendor News June 29, 2018June 13, 2019 Angharad Gilbey 0 Comments

Cybersecurity ratings firm BitSight has raised $60 million in a Series D funding round led by Warburg Pincus.

Financial instutions’ losses from cyber could hit hundreds of billions

Finance, Research June 25, 2018June 13, 2019 Angharad Gilbey 0 Comments

According to an IMF modelling exercise, losses to financial institutions from cyberattacks could reach hundreds of billions of dollars per year.

Who’s who on the cyberinsurance scene?

Best Practice, Cybermoney, Finance June 15, 2018June 13, 2019 Angharad Gilbey 0 Comments

As the number of breaches resulting in multimillion dollar losses grows, the need for cyberinsurance is making itself evident – but many traditional insurers are still hesitant to enter the space.

Bank of England to publish new cyber standards by summer to protect financial system under “almost constant attack”

Best Practice, Europe, Finance, Regulation April 10, 2018August 23, 2018 Simon Brady 0 Comments

Britain’s financial system is “under almost constant cyber attack” according to a top Bank of England official, with the regulator planning to introduce new standards for financial firms’ computer security.

Cyber-attacks harming businesses that fail to plan financially

Best Practice, Breaches, Europe, Finance April 4, 2018August 23, 2018 Simon Brady 0 Comments

Lloyds Bank cyber event finds that only a third of businesses have a financial plan in place in the event of a cyber attack.

Cyber attacks top risk for banks

Finance January 27, 2018April 27, 2018 Simon Brady 0 Comments

The threat of a cyber attack is now the top worry for bank risk managers, according to a new risk survey released jointly by EY and Institute of International Finance.

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