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Insurance Insider - Behind the Headlines
Get the inside scoop on the major stories shaping the London Market through discussions with the journalists who broke them with insights from industry professionals on what these developments mean for the (re)insurance sector.
Insurance Insider - Behind the Headlines
Coalition's Tom Draper on the ransomware threat in cyber
Is the ransomware threat really getting worse – or just more visible?
A spree of cyber attacks targeting major UK retailers has thrown ransomware back into the spotlight. But according to Tom Draper, UK managing director at Coalition, it’s not that threats are rising — it’s that companies are operating in an increasingly complex cyber crime ecosystem.
In Behind the Headlines, Draper unpacks the key challenges facing cyber underwriters today, from softening rates to the lingering effects of last year’s CrowdStrike outage.
Plus, in this week’s news rundown, Insurance Insider’s Fiona Robertson breaks down how the Willis Re talent rebuild is gaining momentum.