Cyber

cyber security

The dark side of digital connectivity

2018-07-22T23:40:00+01:00

Research throughout the world is pointing to Asia-Pacific as both the source and the victim of cyber-crime. Willis Towers Watson’s regional associate director, cyber, Jessica Wright tells StrategicRISK why a lack of awareness could prove extremely costly for businesses in the region.

cyber security

A harsh reality

2018-07-03T03:48:00+01:00

Once considered the domain of IT teams, cyber risk is now broadly acknowledged as the most pressing of enterprise concerns, says Murray Wood, head of financial specialties, Asia and Andrew Mahony, regional director - financial services & professions group.

skinner bt

Cyber insurance should be a partnership

2018-06-13T01:58:00+01:00

Speaking to StrategicRISK at the AIRMIC conference, Airmic’s board members and insurance director at BT Group, Tracey Skinner said cyber risk coverage ought to be considered as a partnership between insurer, broker and insured.

the-ball-stadion-football-the-pitch-47730

No premiums, no play

2018-06-12T02:08:00+01:00

Before the 2018 World Cup kick-off, one essential item needs to be in position – and it’s not the ball. Allianz Global Corporate & Specialty (AGCS) head of entertainment international, Michael Furtschegger tells StrategicRISK where the biggest risks lay in the upcoming event

cyber security

Cyber insurance premiums set to soar by 2021

2018-06-07T22:42:00+01:00

A new Aon report shows a broad shift of companies putting a greater value on intangible assets, such as cyber and intellectual property

pexels-photo-595804

AI helps businesses prioritise high value tasks

2018-05-22T04:24:00+01:00

Marsh director, emerging technologies, Leslie Chacko, told delegates at PARIMA’s Bangkok conference it is time to wholeheartedly embrace artificial intelligence but beware of the risks

189c69a1-9f09-44d8-8d87-62c56325ad0d

'Embrace ERM and 3 LoD' to manage cyber risk says Thailand OIC deputy

2018-05-22T02:28:00+01:00

Opening PARIMA’s Bangkok conference Chuchatr Pramoolpol, Deputy Secretary-General, Office of Insurance Commission said cyber risk has come to the fore in recent years in Thailand

60734_robertzhang_pic_478551

Beware the Gray Rhino, not just the Black Swan

2018-05-17T23:56:00+01:00

IKEA China’s risk management and compliance director and RIMS board member Robert Zhang spoke to StrategicRISK about the fast-changing risk landscape

i stock 916414802

RIMS 2018: Disruptive tech risks not well understood – Marsh study

2018-04-18T01:44:00+01:00

Organisations are exploring the benefits of the Internet of Things, artificial intelligence, and Blockchain, but risk awareness is not keeping pace

Pexels photo 171945

How to think like a hacker

2018-03-07T07:51:00+00:00

Do you know how to spot a hacker in a crowd? Do you know how they operate? Speaking at the PARIMA Cyber workshop, Horangi, head of incident response and threat intelligence, Angus Thorn told delegates all is not what it seems

pexels photo 373543

Stop relying on cyber security software alone

2018-03-07T06:32:00+00:00

Speaking at the PARIMA Cyber workshop, supported by Anquan and Horangi, hosted at the AirAsia offices in Malaysia, Anquan chief technology officer, Rajeev Gopalakrishna, said one of the main issues with cybersecurity is that many firms do not understand what is really at risk

Opinion kelvin wu

Why all risk managers need to take a second look at the CyberSecurity Bill

2018-03-05T03:37:00+00:00

The Singapore CyberSecurity Bill is merely icing on the cake of already-robust legislation, and expectations, from the Singaporean Government. But is there more to it than meets the eye? StrategicRISK spoke to PARIMA board member and International SOS risk manager, Kelvin Wu about why all risk managers - designated or ...

Samobrien

Confess or be fined: How new data breach laws affect your business

2018-02-12T01:02:00+00:00

As the 22 February deadline looms for the new Notifiable Data Breaches (NDB) amendment comes into force, RSA’s director of governance, risk and compliance, Sam O’Brien, tells StrategicRISK why risk managers worldwide need to take notice of this game-changing regulation

Data breach

Asian firms ‘lack focus’ on cyber risk

2018-02-02T02:50:00+00:00

The intangibility of the risk is also a pressure point for Asian risk managers who are facing a threat to their firms which is difficult to pinpoint

Environment

Environment, cyber biggest flash points - WEF risk report

2018-01-19T01:31:00+00:00

The risks around us are evolving faster than our reactions, the World Economic Forum warns

Notes

Human failings that can lead to disaster

2017-12-01T00:11:00+00:00

More than 90% of all cyber security breaches stem from human error. So, are organisations doing enough to train and educate their staff?

Tech

Slow rollout for emerging tech – PARIMA survey

2017-11-30T13:57:00+00:00

Emerging technology is a priority for risk management, but is being implemented slowly, according to a study from PARIMA, Marsh and the Asia Pacific Risk Centre

Frontcover.jpg

StrategicRISK Asia Pacific edition (Issue 17)

2017-11-08T05:51:00+00:00

In latest edition of StrategicRISK we examine data security, explore the risks in high-tech production and meet Gordon Song - StrategicRISK’s Asia-Pacific Risk Manager of the Year.

Knowledge data security

The Knowledge: Data security

2017-11-05T23:21:00+00:00

In the latest edition of the Knowledge we look at the evolving cyber risk landscape and tightening data protection laws and ask how risk managers and their boards can build greater breach resilience.

CFC

Global cybercrime losses could hit $6 trillion

2017-10-16T22:53:00+01:00

No end in sight for cybercrime threat as global connectivity fuels risk

Hacking

Getting into the mind of a hacker

2017-10-13T01:33:00+01:00

Rik Ferguson, vice president of security research at Trend Micro and special advisor to Europol, is well known for his straight-talking approach to cyber security and ability to predict where the criminals will go next

Plane

Cyber risk forcing evolution of Singapore’s aviation industry

2017-10-04T22:28:00+01:00

Cybersecurity threats among the drivers of emerging aviation jobs in Singapore

View from the board

The rising risk of cyber-related class actions

2017-10-04T02:24:00+01:00

Firms who fail to have adequate cyber insurance could find themselves in court as a result

GDPR bill

Asia still behind other regions despite ‘waking up to cyber risk’

2017-08-23T12:50:00+01:00By Trevor Treharne

Misconceptions about the threat and magnitude of a cyber attack continues to hold back organisations

Cyber attack 450

AIG witnesses 87% spike in enquiries due to WannaCry

2017-08-16T12:26:00+01:00

Greater China region responds to jitters in the wake of the global cyber attack, but many firms are still underprepared.

Data breach

GDPR: The regulation juggernaut Asia-Pacific is ignoring?

2017-08-02T23:41:00+01:00By Trevor Treharne

Could The General Data Protection Regulation (GDPR) land Asia-Pacific firms huge non-compliance fines.

Innovation Artificial Intelligence AI Insurtech Cyber

Risk managers outline fresh cyber risk approach

2017-07-10T05:38:00+01:00

A major European risk management association calls for the creation of cyber risk governance groups, chaired by the risk manager.

Cyber claims

Special report: Cyber claims

2017-07-10T01:50:00+01:00

The recent WannaCry ransomware attacks have spurred businesses into bolstering their online defences. But what can we expect from the next generation of cyber threats, and how will the insurance industry respond?

Fraudulent

Cyber defences not up to scratch? Maybe we’ll see you in court

2017-04-17T00:46:00+01:00

Increasingly, plaintiffs in the US are suing company directors for cyber breaches. They haven’t yet gained a scalp, but boards and insurers worldwide worry it’s only a matter of time before they do