Imagine receiving a call from someone claiming to be a representative of a trusted financial regulator, urgently requesting a money transfer to resolve a fabricated legal issue, a scenario that is becoming disturbingly common as impersonation scams surge across the financial sector, posing a severe
In an era where digital infrastructure underpins nearly every facet of global commerce and communication, the cyber insurance industry faces an unprecedented challenge in predicting and preparing for catastrophic cyberattacks that could cripple economies overnight. Unlike traditional insurance
Imagine a scenario where over a million people suddenly find themselves at risk of identity theft and financial fraud due to a single cybersecurity failure at a trusted insurance provider. This alarming reality unfolded at Farmers Insurance Exchange, where a massive data breach compromised the
In the heart of Southeast Asia, Singapore stands as a beacon of technological advancement, yet this digital prowess comes with a darker side—an unprecedented wave of cybercrime that has left individuals reeling from financial losses exceeding $1.1 billion in 2024. As online scams, identity theft,
In an era where digital threats loom larger than ever, businesses across the globe face the harsh reality of data breaches as an almost unavoidable part of operations, prompting a significant shift in strategy. Cybersecurity leaders, once quick to respond to attacks by significantly increasing
Welcome to an insightful conversation on the evolving world of cybersecurity and risk management. Today, we’re joined by Simon Glairy, a renowned expert in insurance and Insurtech, with a deep focus on risk management and AI-driven risk assessment. With cyber threats becoming a pressing concern for
