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Biometric hardware shipments on course to recover to pre-COVID levels

Total worldwide biometric device shipments fell from 4.1 million in 2019 to 3.4 million in 2021 and recovered slightly to 3.6 million in 2022, with global trends impacting usage in banking, financial services and insurance (BFSI) sectors. According to a new report by technology intelligence firm ABI Research, geopolitical and macroeconomic events, including the conflict […]

Natural disaster insured losses topped $115bn in 2022

Hurricane Ian and other extreme weather events such as the winter storms in Europe, flooding in Australia and South Africa as well as hailstorms in France and in the US resulted in an estimated $115 billion of natural catastrophe insured losses in 2022, according to Swiss Re Institute. 2022 is the second consecutive year in […]

Insurance sector facing growing cyber threats

By Eleanor Barlow, Content Manager, SecurityHQ There are many threats currently targeting the Insurance Sector, and these threats have grown over the last few years significantly. This is primarily due to the fact that the industry holds a vast amount of monetary wealth. In addition to this enticing factor, new products, solutions, and services are […]

Councils not sufficiently protected from cyber crime

Nearly half (49%) of the UK’s local councils have been targeted by a cyber attack since the start of 2017. That’s according to research from insurance broker Gallagher, which says councils where hit by more than 263 million cyber-attacks in the first half of 2019, averaging 800 attacks per hour. The average successful cyber-attack on […]

Forum News: The hidden costs of exhibiting at trade shows…

Without the knowledge of other costs involved, the £2000 stand you’ve just booked at your industry trade show looks like a really inexpensive way of generating new business. But is it really justifiable? Assuming you have just bought a stand and shell scheme, you will still need to consider the following costs: Show services such […]