“We’re Still One Big Systemic Event Away”: A Conversation with Willis’ Peter Foster

WTW Logo in article with Peter Foster on Cyber Insurance Market.

The Biggest Threat: Concentrated Vendor Risk Peter Foster does not hesitate. “The third-party risk is the systemic risk that most underwriters worry about,” he says. “If you compromise 100 to 1,000 companies at a single point of failure, that’s the future risk that’s also here and now.” Foster, Chairman of Willis’ Global FINEX Cyber Solutions, … Read more

Data Security Crisis in 2025: Rubrik’s Report Reveals Shocking Global Impact

The Most Significant Milestone Comes at a High Cost The digital shift to hybrid environments is one of the most important advancements in modern business. However, according to Rubrik’s latest “State of Data Security in 2025” report, this progress comes with a steep price: an unprecedented rise in cyber threats affecting nearly every organization on … Read more

Security Teams Struggle with AI Data Security as Visibility Gaps Grow, Bedrock Security Study Finds

Security Teams Struggle to Track Data as AI Expands Some 82% of cybersecurity professionals report visibility gaps in tracking sensitive data, exposing enterprises to growing cybersecurity risks. This comes from a new report from Bedrock Security, “The 2025 Enterprise Data Security Confidence Index.” It highlights organizations’ challenges in managing AI-driven data growth across complex cloud … Read more

AI-Powered Cyberattacks Surge in 2024: Ransomware Trends and 2025 Cybersecurity Predictions

Cybercrime Surges in 2024 Amid AI-Driven Attacks Cyberattacks targeting sensitive data surged in 2024, driven by AI-powered threats, ransomware evolution, and geopolitical conflicts. Deep Instinct’s 2025 Threat Report: The Changing Face of Global Threats highlights a 30% increase in global cyberattacks compared to 2023. Moving into the future – the report predicts a continued rise … Read more

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