Threat intelligence is important, but cyber is not a ‘Right of Bang’ issue. Worrying about cyber threats and relying on cyber insurance as a risk transfer solution is not economic for either the insurer or insured. As we have seen…
Marks and Spencer has published its Financial results ending 29th March 2025. The financial impact of the companies on-going cyber attack is accounted for in 2025/ 2026 operating profit. M&S expects a £300 million incident impact to operating profit, before…
This week is an important week for Marks and Spencer as it announces its annual financial results. All eyes will be on its on-going cyber attack, as both investors and customers look for more answers to what happened and to…
The Marks and Spencer cyber attack and insurance pay out will be one to watch very closely. There’s allot at stake and not just for M&S, but UK industry and cyber insurance.If the figures £100m is a significant claim to…
Marks and Spencer looks to be consuming its cyber insurance cover as it works to resolve the on-going cyber incident. Its insurer is going to make a loss. One wonders the size of the cap, the cost of the incident…
NoThe UK, as with other nations, has always faced cybersecurity risk, and that’s not splitting hairs. All one has to do is look at the challenges that the US, EU and APAC has faced over the past few years, to…
Nice piece of research on ransomware attacks and the effect on ransom payments if you have cyber insurance.@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan Veritas GRC #cybersecurity #cyberriskmanagement #cyberinsurance #ransomware View Original Post
Cyber attacks are all more distressing when you have few methods of risk mitigation. Cyber insurance is a basic risk transfer and mitigation tool. In this case the Fall River School district may have to self fund a solution’The city’s…
How does the changing nature of geopolitical threats, and nation state cyber attacks, radically change the role of national terrorism insurance provided by carriers such as Pool Re. The UK insurer owned specialist insurer against terrorism believes it could, making…
Did they, didn’t they what do we do if they did? View Original Post
