Translating Cyber Risk into Financial Impact

by Amena AlBasher, MSc (Cornell), Risk management and GRC expert.

In 2025, boards and CFOs find themselves in an unprecedented situation where they urgently need to know the reality of cyber risk in clear financial terms. The SEC cyber Read more

UK’s Online Safety Act comes into force

by Zhanar Tukyeva, IRM Cyber Group

Effective from 17th March 2025, the UK’s Online Safety Act has officially come into force. The Online Safety Act 2023 is a law aimed at protecting both children and adults online by making Read more

Larger organisations bear brunt of cyber attacks

Large (74 per cent) and medium-sized (70 per cent) businesses and high income charities (66 per cent) reported having experienced a cyber security breach or attack over the past year, according to the government’s annual survey on the issue.

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Cyber threat and business interruption loom large in 2024

Cyber threat is the top ranking business risk followed by business interruption, according to the annual Allianz risk barometer. Physical risks also feature prominently, including natural catastrophes, fire and explosion, and climate change. 

“Many of these Read more

UK’s national infrastructure faces catastrophic cyber-risk

The UK government said that the country could be brought to a standstill by a catastrophic ransomware attack, according to a report by the National Cyber Security Centre (NCSC).

While fraud risk was one of the most significant threats Read more

Cyber risk tops threats to financial system

Cyber risk is the leading systemic risk for the financial sector, according to the most recent report by the Bank of England. And while only 38 per cent said a high-impact event was likely in the short term Read more

Boards get updated cyber toolkit

The UK’s National Cyber Security Centre (NCSC) has updated its toolkit for boards in an effort to improve help organisations embed cyber resilience and risk management throughout their organisations.

NCSC said that boards must view cyber security as a Read more

Only one in four organisations achieve extensive digital transformation

Over the past decade only one in four organisations said they had achieved extensive or complete digitalisation, according to a new study by the Association for Intelligent Information Management. A further 39 per cent said they had managed to Read more