The average ransom payment made by a business to restore data after a cyber attack was $220,000 in the first quarter, up 43% from the last quarter of 2020, according to cyber security firm Coveware.

In addition to the ransom payments, cyber insurance and reinsurance policies can cover the cost of restoring the network, business interruption losses and even the hiring of a PR agency to address reputational damage.

New report outlines roadmap to deepen UK-India capital markets link

Jul 1, 2021

“Well functioning public markets underpin growth, innovation, job creation and the transition to a low carbon economy,” said Shrey Kohli, Director, Head of Debt Capital Markets, London Stock Exchange.

Generation Equality: Alongside COVID lies an ‘equally horrific pandemic’ threatening women

Jul 1, 2021

And compared to men, women are 24 per cent more likely to lose their jobs and can expect their income to fall by 50 per cent more – making economic justice and rights imperative.

At the same time, women are 10 per cent less likely than men to have internet access, leaving 433 million women globally on “mute”.

Swiss Re’s iptiQ and ImmoScout24 launch digital loss of rent insurance

Jun 30, 2021

Andreas Schertzinger, CEO of iptiQ EMEA P&C, says: “With ImmoScout24, we have found the ideal partner in Germany to offer customers tailor-made household insurance products online precisely when it matters. Thanks to the seamless integration of our product into ImmoScout24’s digital ecosystem, customers can insure themselves against the risk of rent-related losses directly online and throughout the rental process.”

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