One does not know the technical extent of the cyber attack on JLR, other than what is reported. But one does know that risk transfer sits both left and right of bang, and for most companies, cyber insurance is the…
Thank you for the post, Bryan Foss. A compulsory digital ID scheme to crack down on illegal immigration. Where is the national Debate? How does a digital ID scheme crack down on illegal migration? At what point in the immigration…
Excellent analogies and comments. View Original Post
The SME market is a significant one for the cyber insurance industry. It is also a market with the highest risk, which is due to the 99% problem. A problem that we have discussed many times, and one that cyber…
The gap between what it costs to run a business and what a cyber insurance policy is going to pay out in the event of a cyberattack continues to widen. As the enclosed APAC Aon report demonstrates. One has been…
Interesting question. Is cyber an economically insurable risk today? There’s little history to enable understanding and pricing, it’s a complex risk to manage, and few organizations do it well, and only around 45% of organizations have cyber insurance Cyber is…
Cybersecurity risk management set out in cyber regulation requires a robust program of risk transfer. This involves both a focus on an organisation’s internal risk management processes to reduce inherent risk and its use of risk transfer products such as…
Cyber insurance is a contract and as with all contracts terms and conditions apply. Cyber insurance is no exception, as demonstrated where the cyber insurance policy did not cover a cyber attack against Hamilton City in 2024. As the City…
Thanks for sharing Bryan Foss. It’s summer and time for a data breach. Allianz Life Insurance Company a subsidiary of German based Insurer Allianz, announced its been hacked. It’s reported that On July 16, 2025, a malicious threat actor gained…
There’s a note of warning for both consumers and companies as the insurance industry looks for more capital to underwrite complex risks including natural disasters and cyber attacks. With the Chief Executive of Aon stating that Insurance needs $1trn from…
