UK Cyber Insurance Industry Unites to Combat Ransom Payments

Three major UK insurance associations have teamed up with GCHQ’s National Cyber Security Centre (NCSC) to reduce ransom payments from cyber crime victims. This collaboration aims to undermine the profitability of ransomware attacks and enhance market-wide ransomware discipline, ultimately reducing harm to organizations. The financial toll of ransomware on UK businesses has been substantial, with … Read more

One in Five Businesses Hit by Cyberattacks, Lacking Preparedness

A stark new report reveals that a staggering one in five businesses in the United Kingdom have fallen victim to cyberattacks in the past year. This alarming statistic shines a spotlight on the growing threat businesses face from cybercriminals. In a testimonial to our changing times, the research conducted by Aviva found that businesses are … Read more

Cyber Security In The UK -iOmart Report

The report “The State of Cyber Security in the UK 2023” covers a wide range of topics related to cyber security, including the evolving threat landscape, budgetary constraints, the importance of technology and talent, and industry trends. On cyber insurance: The increase in cyber insurance premiums is ranked as the top change over the past … Read more

×