The Source for Cyber Insurance News, Insights and Data
The UK government has introduced proposals to increase ransomware incident reporting and reduce payments to cyber criminals. The measures are rooted in the principle that ransom payments fuel the crime by making it more lucrative. Much like negotiating with terrorists, paying ransoms risks emboldening criminals and increasing the likelihood of future attacks while failing to … Read more
A recent government-commissioned survey reveals significant public concerns about UK cybercrime and fraud (England, Scotland, and Wales). Conducted by Ipsos UK for the Home Office, the research offers insights into public perceptions, victimization experiences, and cyber security behaviors. It found that over half of participants perceive moderate personal risks, with 42% feeling vulnerable to retail … Read more
A recent survey by the UK Home Office reveals that half of UK businesses have experienced cyber security breaches or attacks in the past year, underscoring the escalating digital risks they face. Phishing remains the most prevalent threat, affecting 84% of businesses, while medium and large companies report even higher rates of cyber incidents. As … Read more