{"id":544155,"date":"2022-02-14T13:44:46","date_gmt":"2022-02-14T13:44:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/"},"modified":"2022-02-14T13:44:46","modified_gmt":"2022-02-14T13:44:46","slug":"corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/","title":{"rendered":"Corporate cyber attacks are a boon for the ins. industry + is autonomous freight the way to shipping efficiency?"},"content":{"rendered":"

<\/a> Cyber attacks are becoming so frequent that ins. costs are soaring<\/strong>, as the ins. industry is under growing pressure to help bail out corporates facing ransomware attacks and other forms of cyber crime, according to theFinancial Times<\/a>. The cost of cyber ins. coverage for companies rose 130% y-o-y in the US and 92% y-o-y in the UK during the last quarter of 2021, as cyber criminality became a \u201creal problem in the corporate world through are reacting to that and working out how to underwrite it,\u201d says Adrian Cox, CEO of London-based ins. provider Beazley. Some ins. players have decided to stop providing cyber coverage altogether, because of how much pressure the payouts have created for their balance sheets, ultimately leading to less ins. supply and driving up costs even more.<\/p>\n

The antidote? Government intervention to counter cyberattacks<\/strong>, Cox suggests, warning that the growing prevalence of cyber criminality could lead to \u201cunaffordable\u201d ins. We also have a rundown<\/a> of what you can prepare yourself and your business against phishing scams.<\/p>\n

\n

<\/a> US business schools are dominating the <\/strong>Financial Times\u2019 2022 Global MBA<\/a><\/strong>ranking<\/a><\/strong>, with seven of the top 10 spots going to US universities, largely because their alumni are now raking in some of the highest annual salaries, according to the salmon-colored paper<\/a>. Wharton and Columbia landed in the top two spots, while Harvard, Northwestern\u2019s Kellogg School of Management, Stanford, and University of Chicago: Booth are also listed in the top 10. Wharton\u2019s alumni reported the highest overall average annual income in 2021 at USD 238,000, which is higher than average salary for the alumni of the 100 schools ranked this year at USD 161,000.<\/p>\n

Other schools in the top 10: <\/strong>Insead (France and Singapore), London Business School, and Iese Business School (Spain).<\/p>\n","protected":false},"excerpt":{"rendered":"

Cyber attacks are becoming so frequent that ins. costs are soaring, as the ins. industry is under growing pressure to help bail out corporates facing ransomware attacks and other forms of cyber crime, according to theFinancial Times. The cost of cyber ins. coverage for companies rose 130% y-o-y in the US and 92% y-o-y in […]<\/p>\n","protected":false},"author":1,"featured_media":544156,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[377,633,638,181],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-cybersecurity","tag-enterprisepm","tag-for-your-commute","tag-insurance","wpautop","entry"],"acf":{"mongo_id":"e6290bab-4231-4679-808d-7ca5f17057f2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/469.jpg","photo_position":"above","related_issue":[544151],"teaser":"","voice_url":""},"yoast_head":"\nCorporate cyber attacks are a boon for the ins. industry + is autonomous freight the way to shipping efficiency? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate cyber attacks are a boon for the ins. industry + is autonomous freight the way to shipping efficiency?\" \/>\n<meta property=\"og:description\" content=\"Cyber attacks are becoming so frequent that ins. costs are soaring, as the ins. industry is under growing pressure to help bail out corporates facing ransomware attacks and other forms of cyber crime, according to theFinancial Times. The cost of cyber ins. coverage for companies rose 130% y-o-y in the US and 92% y-o-y in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-14T13:44:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/469.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Corporate cyber attacks are a boon for the ins. industry + is autonomous freight the way to shipping efficiency?\",\"datePublished\":\"2022-02-14T13:44:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/\"},\"wordCount\":301,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/469.jpg?fit=%2C&ssl=1\",\"keywords\":[\"cybersecurity\",\"EnterprisePM\",\"FOR YOUR COMMUTE\",\"insurance\"],\"articleSection\":[\"FOR YOUR COMMUTE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/corporate-cyber-attacks-are-a-boon-for-the-ins-industry-is-autonomous-freight-the-way-to-shipping-efficiency\/\",\"name\":\"Corporate cyber attacks are a boon for the ins. industry + is autonomous freight the way to shipping efficiency? 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The company logged over 242k malware attacks in the country in 4Q2017, up\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579822,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/21\/cybersecurity-threats-are-on-the-rise-heres-how-to-protect-your-business\/","url_meta":{"origin":544155,"position":1},"title":"Cybersecurity threats are on the rise. Here\u2019s how to protect your business","author":"enterpriseam admin","date":"21 November 2022","format":false,"excerpt":"How Egyptian companies can up their cybersecurity game: Cyber attacks are higher than ever worldwide, and Egypt is no exception. We\u2019ve seen the likes of shipping giant Maersk \u2014 which put the cost of its cyberattack at up to USD 300m, according to the Financial Times \u2014 along with regional\u2026","rel":"","context":"In "CYBERSECURITY"","block_context":{"text":"CYBERSECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/cybersecurity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/691.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615667,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/21\/lockbit-seized-after-two-years-of-cyber-terror-plus-why-does-film-piracy-continue-to-grow\/","url_meta":{"origin":544155,"position":2},"title":"LockBit seized after two years of cyber-terror. PLUS: Why does film piracy continue to grow?","author":"enterpriseam admin","date":"21 February 2024","format":false,"excerpt":"The UK\u2019s NCA hopes that this victory will stop other ransomware organizations\u2019 cyberattacks","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2062.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602231,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/21\/madbouly-discusses-with-russian-telecoms-minister-cooperation-in-cyber-security\/","url_meta":{"origin":544155,"position":3},"title":"Madbouly discusses with Russian telecoms minister cooperation in cyber security","author":"enterpriseam admin","date":"21 March 2019","format":false,"excerpt":"Madbouly talks cyber security with Russian telecoms minister: Prime Minister Moustafa Madbouly discussed with Russia\u2019s Minister of Digital Development, Communications and Mass Media Konstantin Noskov cooperation in the telecoms sector, the Cabinet said in a statement. The two sides expressed willingness to cooperate in cyber security and e-government fields.","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645405,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/cyber-crimes-act-could-up-egypts-surveillance-game\/","url_meta":{"origin":544155,"position":4},"title":"Cyber Crimes Act could up Egypt\u2019s surveillance game","author":"enterpriseam admin","date":"19 July 2017","format":false,"excerpt":"Cyber Crimes Act could up Egypt\u2019s surveillance game: The Cyber Crimes Act currently being reviewed by justice and communication ministry committees is will facilitate social media surveillance, Rep. Ahmed Refaat, a member of the House\u2019s Communications Committee, said on Tuesday, according to Al Shorouk. This increased surveillance will not infringe\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638484,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/08\/what-were-tracking-on-08-october-2017\/","url_meta":{"origin":544155,"position":5},"title":"What we\u2019re tracking on 08 October 2017","author":"enterpriseam admin","date":"8 October 2017","format":false,"excerpt":"Egypt plays Congo tonight in the qualifiers for the 2018 FIFA World Cup in Russia and the Pharaohs are going in with an edge. Its fellow group E teams of Uganda and Ghana drew 0-0 last night, giving Egypt a huge advantage in tonight\u2019s game as a victory over Congo\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544155"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544155\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/544151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544156"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544155"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544155"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}