News

Malicious cyber attacks more than double in 2018

The average number of cyber attacks with the potential to cause damage or result in the loss of high-value assets more than doubled in the first month of this year per organisation compared to in January 2017.

 

Tuesday 17

April 2018

One-third of UK companies would pay ransom to hackers

Approximately one-third of UK business leaders would pay a ransom if they suffered a cyber attack, with one in ten willing to fork out £1m or more to get their systems and data back.

 

Wednesday 4

April 2018

Regulation driving technology investments

Financial institutions across the world are increasingly turning to technology to manage a growing number of digital threats and regulatory requirements.

 

Tuesday 3

April 2018

Cyber security spending to soar over next four years

Businesses around the world will increase their cyber security investment by a third over the next four years, reaching a collective annual spend of $134bn (£95bn) by 2022.

 

Tuesday 27

March 2018

AI increases potential for ‘extraordinary’ financial losses

The threats associated with artificial intelligence (AI) applications could easily counterbalance the potential benefits if the technology falls into the wrong hands.

 

Friday 23

March 2018

Almost four-fold increase in European InsurTech investment recorded

Investment in the insurance technology industry increased by 385% to $679m (£480m) across Europe last year, with the continent emerging as the world’s top InsurTech hub outside North America.

 

Thursday 22

March 2018

Majority of adults willing to embrace AI for better pensions

Three-quarters of citizens across the UK, US, Australia, France, Germany and Singapore are willing to use artificial intelligence (AI) to improve retirement incomes.

 

Tuesday 20

March 2018

Six in 10 investors open to cryptocurrencies

Six out of 10 investors with no current exposure to digital currencies like Bitcoin and Ethereum would consider including them in their investment portfolios.

 

Tuesday 13

March 2018

Automation to almost double in next three years

Very few companies are prepared for an expected surge in automation over the next few years, with the use of artificial intelligence (AI) and robotics set to almost double by 2021.

 

Friday 9

March 2018

Majority of financial services firms leaving customer data at risk

Some 69% of financial services companies across Europe are not able to secure consumer data effectively, despite incoming regulation potentially hitting these firms for hundreds of millions of pounds.

 

Monday 5

March 2018