The Fund aims to increase the number and diversity of people entering the
cyber security profession, with training providers able to bid for up to GBP100,000 to work with employers and design training programmes which retrain a diverse range of individuals for a career in
cyber security.
- The deadline for applications to the
Cyber Skills Immediate Impact Fund (CSIIF) is the 27th September.
In a recent report from WTW and independent researcher ESI ThoughtLab, annual losses from
cyber attacks averaged $4.7 million in the last fiscal year - with more than one in 10 firms losing over $10 million.
However, a third of respondents did not know whether their organisations had been the subject of a
cyber attack.
Panelists at the (https://www.insurancejournal.com/magazines/mag-features/2019/05/20/526871.htm) PLUS
Cyber Symposium in New York last month echoed these concerns, with Bob Parisi, managing director and
cyber product leader for Marsh, stating that one solution could be to model how the property market has historically underwritten risk, Insurance Journal reported.
The population of
cyber engineers and analysts throughout the Washington, D.C., Beltway is 3.5 times as big as the rest of the US combined.
The SECP said that because insurers are significant contributors to the national financial sector, interruptions of insurers' systems due to
cyber security incidents may have far-reaching implication.
On Tuesday, President Tsai Ing-wen addressed the opening of CYBERSEC 2019, then visited the
Cyber Taiwan Pavilion.
Paolo Flammini, Founder and President,
Cyber Partners said, "The Cytegic platform is clearly a "state of the art" technology when we consider the
cyber risk quantification aspects.
According to him, active mobile phones users have increased to over 146 million people, adding that: '60 per cent of fraud is from mobile devices; of that figure, 80 per cent is from mobile apps, thus
cyber criminals are continuously targeting mobile banking app to initiate fraudulent transactions.'
Keywords:
Cyber Threat, Interstate Relations,
Cyber Warfare, Deterrence, US-Russia Tensions, Information Warfare, US Presidential Elections.