Tags: SMEs

Is cyber insurance fuelling ransomware?

Researchers at security company WatchGuard have warned that cyber insurance risks fuelling an increase in ransomware. The researchers highlight mandatory breach disclosure as one of the drivers for increased cyber insurance. Companies are increasingly aware of the damage a breach notification can do to their business. As such, they are rightly taking out cyber insurance…

TechX get BP as strategic partner

UPDATED: See below TechX, a new technology accelerator and incubator aimed at the oil and gas market has launched. It has £600,000 around £100 million to spend across three key programmes; Pioneers, Market Entry and Ventures. TechX has also secured the support of BP Ventures who will double the amount of money available to start-ups…

Innovative approach to SME cash flow

SME’s suffer disproportionately from not being paid on time. Ironically, money to SME’s tends to end up in the economy faster than money to large enterprises. The University of Warwick has come up with an approach which it claims will speed up payments and ensure that cash flow is protected. The solution is called Funding…