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24 June 2022 / Christopher Stanton
Issue: 7984 / Categories: Features , Profession
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Solving cyber security risks—is it possible?

85571
Scam avoidance: think local as well as global & be prepared, says Christopher Stanton
  • How to make sure you’re prepared for attack.
  • War in Ukraine, and its impact on the cyber attack arena.
  • Make sure your preparation takes account of local rules.

In recent years, there has been a steady rise in businesses taking out cyber insurance cover. The number of claims has also risen, exacerbated by people working and shopping from home since the start of the pandemic. In the past few months, however, there has been a noticeable drop-off in claims. This article looks at some common scams giving rise to claims; measures to take to protect against attack; and the reasons for the reduction in claims.

The problem

The issues surrounding cyber security are rising up boardroom agendas, with eight out of ten businesses responding to the Department of Digital, Culture, Media & Sports annual Cyber Security Breaches survey stating that cyber security has become a high priority for senior management. Rightly so, with the same survey highlighting

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NEWS
Restrictions on workplace non-disclosure agreements could make settlements slower, more complex and more expensive when reforms expected in 2027 take effect
Private prosecutors face closer scrutiny under Crown Prosecution Service guidance designed to strengthen accountability and consistency when intervention is requested
Foreign states cannot necessarily claim immunity for cyber operations launched abroad against computers in Britain, following a divided Supreme Court ruling
Defendants who make unsupported complaints about their lawyers risk losing legal aid while confiscation proceedings continue without representation
Lawyers advising Russian clients face different sanctions restrictions across the UK, EU and US, despite their shared objective of increasing pressure on Russia
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