Technology and business are fundamentally linked. From ransomware to phishing, targeted hacks, malware, or IP theft, the cyber threats to every business continue to grow in number and complexity. Virtually every business across all industries face this threat. From human error to the actions of an insider - it’s a threat Lockton understands and we can help you manage it.

PRODUCT

Cyber and Technology

Working to Protect your Business from Cyber Risk

Technology and business are fundamentally linked. From ransomware to phishing, targeted hacks, malware, or IP theft, the cyber threats to every business continue to grow in number and complexity. Virtually every business across all industries face this threat. From human error to the actions of an insider - it’s a threat Lockton understands and we can help you manage it.

Our Strength in the Cyber Insurance Market

With extensive knowledge gained across a wide range of industries and multiple jurisdictions, we can provide you with specialist cyber cover based on our own proprietary insurance wordings, while using our strength in the market to negotiate advantageous policy terms.

Our specialist brokers fully understand the risks you face when it comes to Cyber Technology Insurance. Our extensive experience and market insight allows us to assess your needs and provide both risk management and insurance solutions for your business.

Our Products and Services

We specialise in a range of cyber risk services:

  • Information security and privacy liability

  • Data breach response

  • Network business interruption

  • Cyber extortion

  • Digital asset loss

  • Technology errors and omissions

  • Intellectual property and patent infringement

  • Reputational harm recovery

  • Media liability

  • Risk management and risk mitigation services

Key Contacts

Hong Kong Associate - Global Professional and Financial Risks, Greater China

Melody Qian

Senior Vice President, Head of Global Professional & Financial Risks - Greater China
melody.qian@lockton.com
+852 2250 2672

Freddie Lai, Vice President, Global Professional and Financial Risks, Hong Kong, Cyber and Technology, Cyber Liability

Freddie Lai

Vice President, Global Professional and Financial Risks
freddie.lai@lockton.com
+852 2250 2832

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Donald Yeo

Senior Vice President - Singapore, Deputy Head of Global Professional & Financial Risks
donald.yeo@lockton.com
+65 8869 8591

General Inquiries

General Enquiries

enquiry.asia@lockton.com

What attracted me to Lockton is having the flexibility and the independence to really do what we think is right for our clients.

- Devin Beresheim, LFS Leader | Aerospace & Defense

Latest News & Insights

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The Case for Flexible Benefits

Flexible benefits programs are becoming essential for modern businesses navigating the complexities of human resources. As organizations adapt to changing economic conditions and employee needs, HR teams face unique challenges daily. Flexible benefits offer a solution by allowing employees to select from a range of insurance options tailored to their personal circumstances, enhancing diversity, equity, and inclusion (DEI) initiatives.
These programs not only improve employee engagement and health outcomes but also enable companies to manage benefits costs effectively. By providing employees with choices, companies can foster satisfaction and incentivize healthier lifestyles, while also controlling expenditures on benefits.
Incorporating flexible benefits can significantly strengthen a company’s employee value proposition, making it a strategic tool for businesses of all sizes. Explore how flexible benefits can transform your workplace and support your HR objectives. For more insights, visit our People Solutions webpage.Flexible benefits programs are becoming essential for modern businesses navigating the complexities of human resources. As organizations adapt to changing economic conditions and employee needs, HR teams face unique challenges daily. Flexible benefits offer a solution by allowing employees to select from a range of insurance options tailored to their personal circumstances, enhancing diversity, equity, and inclusion (DEI) initiatives.
These programs not only improve employee engagement and health outcomes but also enable companies to manage benefits costs effectively. By providing employees with choices, companies can foster satisfaction and incentivize healthier lifestyles, while also controlling expenditures on benefits.
Incorporating flexible benefits can significantly strengthen a company’s employee value proposition, making it a strategic tool for businesses of all sizes. Explore how flexible benefits can transform your workplace and support your HR objectives. For more insights, visit our People Solutions webpage.

New Head of Market Management Group, Asia

Lockton is pleased to announce the appointment of Richard Turner as the Asia Head of Market Management Group (MMG), effective from August 21, 2024. Richard will play a key role in establishing Lockton Asia’s market-leading carrier management function by building and launching the Market Management Group (MMG) for the region.Lockton is pleased to announce the appointment of Richard Turner as the Asia Head of Market Management Group (MMG), effective from August 21, 2024. Richard will play a key role in establishing Lockton Asia’s market-leading carrier management function by building and launching the Market Management Group (MMG) for the region.

Steps you need to take during a data breach

Today, businesses face increasing risks of data breaches due to their reliance on digital systems. Cybercriminals can access sensitive information, leading to severe financial losses, legal repercussions, and reputational damage. The urgency for enhanced cybersecurity measures has never been more critical.
Recent incidents underscore this need. In June 2024, a major health maintenance organization exposed personal data of 13,000 members, while a prominent fast-food chain compromised delivery records of approximately 11 million customers, including sensitive information. Additionally, two private companies reported breaches after claims surfaced about customer data being sold online.
To mitigate these risks, businesses should take immediate action by confirming breaches, securing vulnerabilities, documenting incidents, notifying affected parties, and implementing improvements. Key steps include:
Assessment and Confirmation: Verify breaches with evidence, monitor for unusual activities, and review service provider access.
Secure Vulnerabilities: Disconnect affected systems, update credentials, and consult with legal and cybersecurity experts.
Documentation: Collect evidence and maintain clear communication throughout the investigation.
Notify Affected Parties: Inform the National Privacy Commission and provide detailed notifications to those impacted.
Implement Improvements: Conduct post-breach reviews to enhance security measures and compliance.
At Lockton, we specialize in comprehensive cyber risk management programs tailored to protect your business, preserve your reputation, and enable growth. Our approach includes access to cybersecurity specialists, legal counsel, and public relations experts to craft customized solutions for your unique needs.
For more information or a consultation, contact Eunice Park at eunice.park@lockton.com.Today, businesses face increasing risks of data breaches due to their reliance on digital systems. Cybercriminals can access sensitive information, leading to severe financial losses, legal repercussions, and reputational damage. The urgency for enhanced cybersecurity measures has never been more critical.
Recent incidents underscore this need. In June 2024, a major health maintenance organization exposed personal data of 13,000 members, while a prominent fast-food chain compromised delivery records of approximately 11 million customers, including sensitive information. Additionally, two private companies reported breaches after claims surfaced about customer data being sold online.
To mitigate these risks, businesses should take immediate action by confirming breaches, securing vulnerabilities, documenting incidents, notifying affected parties, and implementing improvements. Key steps include:
Assessment and Confirmation: Verify breaches with evidence, monitor for unusual activities, and review service provider access.
Secure Vulnerabilities: Disconnect affected systems, update credentials, and consult with legal and cybersecurity experts.
Documentation: Collect evidence and maintain clear communication throughout the investigation.
Notify Affected Parties: Inform the National Privacy Commission and provide detailed notifications to those impacted.
Implement Improvements: Conduct post-breach reviews to enhance security measures and compliance.
At Lockton, we specialize in comprehensive cyber risk management programs tailored to protect your business, preserve your reputation, and enable growth. Our approach includes access to cybersecurity specialists, legal counsel, and public relations experts to craft customized solutions for your unique needs.
For more information or a consultation, contact Eunice Park at eunice.park@lockton.com.
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