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05

Third of UK businesses without cyber security insurance

Open-access content Thursday 1st June 2017 — updated 5.50pm, Wednesday 29th April 2020

Some 31% of UK firms are without cyber security insurance, despite the number of data breaches rising last year, according to a survey of corporate executives.

2

Research by FICO and Ovum reveals that only half of executives believe their investment in cyber security will increase over the coming year, and only 41% have a tested data breach response plan. Read the full article on our Predictions site here

This article appeared in our May 2017 issue of The Actuary .
Click here to view this issue

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2

Overwhelming majority not comfortable with financial 'robo-advice'

Just 2% of people would trust a fully automated robo-adviser to invest their money on their behalf, and only 26% would opt for robo-advice even if they got final approval on all decisions.
Friday 2nd June 2017
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Employees leaving UK businesses at risk of cyber attacks

Almost half of UK employees had just 30 minutes or less of cyber security training last year, and the same amount believe opening any email on their work computer is safe.
Tuesday 6th June 2017
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2

Digital transformation to be 'bigger than Brexit' for UK businesses

Half of UK businesses expect artificial intelligence (AI) to fundamentally transform the industry and markets they work in, according to the Confederation of British Industry (CBI).
Thursday 25th May 2017
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2

Economic uncertainty sees investment in agile technology rise worldwide

Political and economic uncertainty has resulted in 52% of businesses investing in more nimble technology platforms in order to increase innovation.
Tuesday 23rd May 2017
Open-access content
2

Big data use identified as most important tech trend for FTSE 100 firms

The emergence of big data and analytics is predicted to be the most important technological trend to impact FTSE 100 companies over the coming years.
Friday 19th May 2017
Open-access content
2

International standards needed to secure IoT

Security is at risk of being compromised due to an increasing number of devices connected to the web, and at present, no specific Internet of Things (IoT) standards and regulations.
Wednesday 17th May 2017
Open-access content
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