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24 June 2022 / Christopher Stanton
Issue: 7984 / Categories: Features , Profession
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Solving cyber security risks—is it possible?

85571
Scam avoidance: think local as well as global & be prepared, says Christopher Stanton
  • How to make sure you’re prepared for attack.
  • War in Ukraine, and its impact on the cyber attack arena.
  • Make sure your preparation takes account of local rules.

In recent years, there has been a steady rise in businesses taking out cyber insurance cover. The number of claims has also risen, exacerbated by people working and shopping from home since the start of the pandemic. In the past few months, however, there has been a noticeable drop-off in claims. This article looks at some common scams giving rise to claims; measures to take to protect against attack; and the reasons for the reduction in claims.

The problem

The issues surrounding cyber security are rising up boardroom agendas, with eight out of ten businesses responding to the Department of Digital, Culture, Media & Sports annual Cyber Security Breaches survey stating that cyber security has become a high priority for senior management. Rightly so, with the same survey highlighting that 39% of UK businesses had reported a cyber

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MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

NEWS
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
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