Cyber Insurance Geographic Markets

73% of Irish Workers Feel Blamed for Cybersecurity Breaches, Study Reveals

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A grayscale illustration of a distressed office worker sitting at a desk, covering his mouth in shock as a giant hand points accusingly at him through his computer screen. The image conveys a dramatic and overwhelming sense of surveillance or reprimand in a workplace setting.

A recent study by IT.ie, in partnership with SonicWall, reveals that 73% of Irish office workers feel blamed for cybersecurity incidents. The findings indicate that 29% of employees reported someone in their organization being fired for causing a breach in the past year. Furthermore, 38% of respondents said their employers “always” hold staff accountable for … Read more

Survey Exposes Public Concerns Over UK Cybercrime and Fraud

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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

WTW Launches CyCore Asia, Aiming to Strengthen Cyber Resilience in Singapore and Hong Kong

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Willis Towers Watson, WTW (NASDAQ: WTW), has unveiled CyCore Asia. This new cyber insurance solution is tailored for businesses in Singapore and Hong Kong. Collaborating with underwriters QBE Insurance Group and AXA XL, WTW offers primary insurance capacity of up to USD 15 million, addressing growing cybersecurity concerns. The initiative responds to findings from WTW’s … Read more

Ezechiel Symenouh Moves to Arch Insurance As Senior Cyber Underwriter

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Arch Insurance has appointed Ezechiel Symenouh as Senior Cyber Underwriter to expand its European cyber insurance operations. Based in Paris, Symenouh will focus on developing the company’s cyber insurance portfolio across France, Benelux, and the Nordic regions. Symenouh brings extensive experience to the role. He joins Arch Insurance (EU) dac (AIEU) from Tokio Marine HCC, … Read more

EU Gives Itself Passing Grade, Barely, on Cybersecurity — New Report from European Union Agency for Cybersecurity (ENISA)

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The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of cybersecurity among its member nations. “The EU Cybersecurity Index scored an average of 62.65/100, reflecting progress but highlighting gaps, particularly in vulnerability disclosure and R&D … Read more

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