Combating Cyber-risks in Life Sciences

The life sciences industry encompasses a wide range of businesses involved in the scientific study of living organisms. Such businesses help solve society’s most pressing problems by creating pharmaceuticals, testing medical devices, developing sustainable food sources and much more. But all this crucial, life-saving work – the product of countless …

The overlooked physical exposures of a cyber-attack

More than ever before, organisations are aware of the potential financial impact of a cyber-attack. Many wrongfully assume that the steep, monetary burden of a cyber-attack (exacerbated by new, higher fines under the GDPR) is exclusively tied to damaged digital assets, lost records, and the price of investigating and reporting …

Pound Gates achieves Cyber Essentials certification

Pound Gates Insurance Brokers has achieved the requirements of the Cyber Essentials scheme, a cyber-security standard, which organisations can be assessed and certified against. Cyber Essentials, developed by Government and the IT security industry, identifies the security controls that an organisation must have in place within their IT systems in …

Cyber-security ranks as 2019 top organisational risk

Between the variety of cyber-security concerns that companies faced throughout 2018 – including compliance with the recently debuted GDPR, high-profile data breaches and social media privacy scandals, to name a few – it’s no surprise that the European Confederation of Institutes of Internal Auditing’s (ECIIA) Risk in Focus 2019 report …

Cyber-Risk Insurance explained

As technology becomes increasingly important for successful business operations, the value of a strong cyber-risk insurance policy will only continue to grow. The continued rise in the amount of information stored and transferred electronically has resulted in a remarkable increase in the potential exposures facing businesses. Regulations, such as the …

Gone phishing

Did you know it’s now possible to insure against the UK’s most common crime? Cyber-attack. Cyber-crime continues to make headlines on an almost daily basis in the UK. We frequently hear about national companies falling prey to high profile breaches of systems and data. This often results in widespread disruption …

Aftermath of WannaCry ransomware yet to be seen

WannaCry, a ransomware program that targets a vulnerability in outdated versions of Microsoft Windows, has spread across 150 countries and infected more than 230,000 computers since it was launched on 12 May. It disrupted many NHS hospitals in England and Scotland, infecting up to an estimated 70,000 devices including computers, …