Risk professionals believe the overall level of cyber attacks will increase as a result of COVID-19. Of nearly 1,000 respondents to Willis Re’s 2020 Cyber Risk Outlook survey, 86% believe frequency will increase, and 54% believe severity will rise, according to the annual, global survey by the reinsurance division of Willis Towers Watson, a leading… Continue reading Willis Re Survey Finds COVID-19 Fuels Cyber Losses
Tag: remote work and cyber
Ransomware Remains Top Cyber Security Threat for Businesses
Shift to home working heightens risk of cyber breach via remote desktop protocol and phishing attacks Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by leading cyber insurer Beazley. Beazley’s in-house team of breach experts, Beazley Breach Response (BBR) Services, reported the number of… Continue reading Ransomware Remains Top Cyber Security Threat for Businesses