Cyber Risk

Omega Systems Expands Cybersecurity with Enterprise Password Management Solution

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New Solution Reduces Credential Theft Risks and Enhances Compliance Omega Systems has introduced an Enterprise Password Management solution to help businesses reduce password-related cyberattacks. The solution is part of Omega’s growing cybersecurity portfolio, which aims to strengthen protection against evolving threats and improve risk management. Password Security to Counter Growing Cybersecurity Risks Credential theft remains … Read more

Cybersecurity Gap: Why SMEs Must Catch Up to Large Organizations in Cyber Resilience

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SMEs Struggle to Keep Up with Cybersecurity Standards Small and medium-sized enterprises (SMEs) in the European Union are falling behind larger organizations in cybersecurity, according to a new report by Marsh in collaboration with the Federation of European Risk Management Associations (FERMA). The report, Why the Cybersecurity Gap Between SMEs and Large Organisations Matters, reveals … Read more

Resilience Expands London Cyber Insurance Market for US Businesses

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Resilience has expanded its partnership with UK-based insurer RSA to offer surplus lines of cyber insurance to US businesses through London’s wholesale market. The move allows companies with revenue between $75 million and $10 billion to access coverage outside traditional US markets. Expanded Cyber Insurance Capacity Resilience’s new initiative enables US clients to secure cyber … Read more

Global Cyber Threats Surge: 5 Billion Attacks Detected in 2024 – Mimecast Report

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Cybercriminals Exploit Trusted Services for Attacks Cybercriminals increasingly exploit legitimate online services to mask their attacks, according to Mimecast’s Global Threat Intelligence Report (H2 2024). The report highlights a rise in phishing, ransomware, and nation-state-backed cyber operations across global cyber threats. Hackers are leveraging platforms like Microsoft’s OneDrive, Google Docs, and Dropbox to host malicious … Read more

Cyber Risk Pool Urgently Needed to Protect from Catastrophe

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Why a Cyber Risk Pool is Essential A newly released report from Lockton Re, “Cyber Risk Pools and Public-Private Partnerships: Time to Dive In?” highlights the urgent need for a cyber risk pool to mitigate the financial impact of large-scale cyberattacks. The report warns that existing insurance solutions are insufficient to handle systemic cyber threats, … Read more

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