In this Cyber Bytes we look in more detail at two recent cyber reports from Beazley (fraud) and Hiscox (cyber readiness). Beazley flags the increased threat from fraudulent instruction scams, which quadrupled in 2017 for its clients. Hiscox’s more in-depth report found that c73% of organisations surveyed in Europe and the US were unprepared for cyber attacks. Not surprisingly, the smaller firms fared worse than larger firms. Ahead of GDPR coming into effect on 25 May 2018, only 33% of a
19 Feb 2018
Non Life Insurance
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Beazley Plc (BEZ:LON), 668 | Hiscox Ltd (HSX:LON), 1,206
- Published:
19 Feb 2018 -
Author:
Joanna Parsons -
Pages:
3
In this Cyber Bytes we look in more detail at two recent cyber reports from Beazley (fraud) and Hiscox (cyber readiness). Beazley flags the increased threat from fraudulent instruction scams, which quadrupled in 2017 for its clients. Hiscox’s more in-depth report found that c73% of organisations surveyed in Europe and the US were unprepared for cyber attacks. Not surprisingly, the smaller firms fared worse than larger firms. Ahead of GDPR coming into effect on 25 May 2018, only 33% of a