Matthew Hogg

With the cargo market insuring the movement of vast amounts of value and global trade, it’s not difficult to imagine why a malicious actor would be tempted to prey on the goods insured. 

In a world that is making more effort than ever to protect data and ensure that companies take their responsibilities seriously, it’s not hard to question why losses still occur. Looking at some of the largest data breaches of 2019 the strikingly common theme is the humble homo sapiens. So what are companies doing to protect themselves against the significant security risk posed by human error?

LSM discusses how cyber threats are changing unlike any other peril such as natural catastrophe or systemic risk with a global, cross-class impact.

In this blog, our Strategic Assets team delves into the cause of human cyber security errors, and how the design of the environments in which we work might deter employees from taking the right action to prevent breaches in the first place.

In part two of this blog series on human cyber security errors, our Strategic Assets team comes to the defence of humans who, with the right training, could become cyber security superheroes.

Is there such a thing as too many defensive measures when it comes to cyber security? Could an attack, no matter how sophisticated the defence, still break through? In some ways it is a bit like managing a team in sport; the opposition may be difficult, there is a balance between defence and attack, and at the end of the day the board will have a view of the return on their investment.

In the new world ushered in by economic downturn and advancements in artificial intelligence and innovation, competition and litigation are likely to increase as businesses adapt to the advent of generative AI and focus on building and protecting market share. This evolving threat to a business’s IP has, so far, not resulted in a great deal of change. That status quo will not last.