Retail Cyber Attacks Escalate Amid Ransomware Gang Rivalry
A spate of recent ransomware attacks on major UK retailers has revealed an alarming new dimension in cyber risk: infighting between rival criminal syndicates. High street names including Marks & Spencer, Harrods and the Co-op have found themselves entangled in a turf war between two ransomware-as-a-service (RaaS) groups – DragonForce and RansomHub – whose competition […]
Famous unoccupied Manchester mill destroyed by fire
The Hotspur Press building, one of Manchester’s oldest mill buildings, has been destroyed by a fire, leading to its partial collapse. The fire was tackled by 20 fire engines and highlights the importance of risk managing vacant properties and how assessments should be reviewed in times of extreme heat. Greater Manchester fire service reported the […]
Transactional Insurance Solutions for Mergers & Acquisitions
Mergers and Acquisitions (M&A) activity can often present a unique array of legal, tax, and operational risks requiring expert advice to deliver bespoke solutions. W Denis, a specialist global insurance broker, provides tailored solutions that allow buyers, sellers, and their advisors to manage these risks effectively and efficiently, enabling deals to proceed with confidence. This […]
New data sheet outlines fire protection strategies for lithium-ion batteries
The worrying increase in lithium-ion battery fires has seen the delivery of a new data sheet outlining fire protection strategies for their storage. The information produced by FM Global, specifically Loss Prevention Data Sheet 7-112 (October 2024), provides detailed fire risk mitigation strategies for lithium-ion battery manufacturing and storage. It outlines objectives such as preventing […]
Supreme Court judgement has key implications for Professional Indemnity claims
A landmark Supreme Court judgement in favour of a housebuilding giant has significant implications for firms engaged in legacy projects who will now face renewed reputational and litigation risk, especially for high-rise or multi-occupancy residential buildings. The ruling in BDW Trading Ltd (Barratt) v URS Corporation Ltd has key repercussions for Professional Indemnity (PI ) […]
Professional Indemnity Insurance vital for Businesses
In an increasingly complex and litigious business environment, Professional Indemnity Insurance (PII) is no longer just a consideration it is a necessity. Whether you’re a consultant, contractor, designer, or adviser, even spurious allegations of a professional error or omission, can be very expensive to defend, let alone pay for damages that may be awarded. Last […]
Cyber criminals impersonating IT help desks to launch attacks
The National Cyber Security Centre (NCSC) has warned that criminals launching cyber-attacks at British retailers are impersonating IT help desks to break into organisations with Marks & Spencer, Co-op and Harrods targeted in the last two weeks. The Co-op apologised after hackers – who call themselves DragonForce – said they had stolen 20 million of […]
Contractor loses concrete deterioration legal case
A contractor who took a design firm to court has lost the case after a judge ruled construction errors were responsible for concrete deterioration problems. MJS Projects (March) Ltd took designers RPS Consulting Services Ltd to Leeds’ Technology and Construction Court for alleged negligence and breach of contract after concrete on its development deteriorated just […]
Alliance of international hackers launch weekly cyberattacks on UK
An alliance of pro-Russian and pro-Palestinian hackers is reportedly launching weekly cyberattacks against the UK’s state agencies, armed forces, infrastructure operators, councils and security services, including the MI6 website. The simultaneous attacks targeting the agencies’ websites were carried out last month, hacker Mr Hamza claimed on the Holy League coalition’s Telegram Channel. ‘Our message is clear: this […]
Reviewing insurance limits amid tariffs disruption key to avoiding underinsurance
Global businesses are navigating a volatile risk landscape with the reintroduction of tariffs—particularly those imposed by the Trump administration- reshaping global trade flows, increasing input costs, and triggering supply chain delays. Because of higher operational risks, increasing tariffs can have a domino effect on business insurance prices. The Lloyd’s Market Association has urged insurers to […]