In 2018, business interruption (BI) topped the Allianz Risk Barometer for the sixth year running, as the key concern for businesses globally. Yet, some reports suggest that many businesses either have insufficient BI cover – or none at all. It’s estimated that 40% of UK SME businesses lack adequate business interruption cover and that only 17% of risk managers are […]
Author: Tom Wood | Date: 26/06/2018
Author: Tom Wood | Date: 20/06/2018
Since mid-January, the news headlines have been dominated by the collapse of the UK’s second-biggest construction firm, Carillion. It is said that 30,000 supply chain businesses are directly, or indirectly, affected by its insolvency and inability to pay suppliers. Firms within the supply chain started to tumble like dominoes, as soon as Carillion’s position became clear. Many will struggle to […]
Author: Tom Wood | Date: 18/06/2018
GDPR – The Risk and Impact on Directors
Categories: General
With the introduction of the EU’s General Data Protection Regulation (GDPR) last month, the pressure on directors’ and officers’ to enhance their cyber security will only increase according to commercial law firm Kennedys. In a document regarding Directors & Officers (D&O) trends and predictions, the firm cites an increase in the number of reported data protection breaches every year. The […]
Author: Tom Wood | Date: 14/06/2018
Dixons Carphone admit huge data breach
Categories: General
Dixon’s Carphone has admitted a huge data breach involving millions of personal records and payment card information. The company are investigating the hacking attempt, which began in July last year, but say there is no evidence of any card being used fraudulently as a result. The hackers made an attempt to capture data of 5.8 million credit and debit cards […]