Author: Tom Wood | Date: 26/01/2017
Categories: General
Data breaches are one of the most likely and most expensive threats to businesses. It is reported via the “2016 Cost of Data Breach Study” that the US has the highest data breach costs in the world. The study indicates the proportion of direct and indirect data breach costs varies by country, with the Arabian Peninsula having the highest direct Read More…
Author: Tom Wood | Date: 16/01/2017
This case below illustrates potential aggregation of cyber risk regarding third party service providers and which insurers fear the most due to the potential amount of claims. On the 21st October 2016 a distributed denial of service (DDoS) attack took down many of the world’s most popular sites including Twitter, Spotify, Netflix and more. This lasted several hours leaving many Read More…
Author: Tom Wood | Date: 12/01/2017
Categories: General
The nights are dark and the temperatures are plummeting – but before you cosy up indoors, ask yourself whether you have put proper winter precautions in place. It’s vital to be prepared at this time of year, so here are some top tips from the LWood team. 1. Check your insurance Double check that you have full home and car Read More…
Author: Tom Wood | Date: 11/01/2017
Categories: General
Supporting a local charity can benefit your business in a number of ways. As well as boosting the company’s profile it can differentiate you from your competitors as well as facilitate team building amongst employees. So what do you need to consider if you are thinking about supporting a community organisation in your local area? Not just about the money Read More…