News

Cyber insurance take-up surges by 35%

24/06/2017 09:21
A new Fitch Ratings report states that cyber insurance’s direct written volume for the property/casualty (P/C) industry grew by 35% last year to $1.35 billion (£1.06 billion). Fitch states that the...

Countdown to the EU General Data Protection Regulation: Are You Ready?

23/06/2017 11:44
With less than one year until the May 25, 2018 deadline for compliance with the EU General Data Protection Regulation (Regulation (EU) 2016/679) (the "GDPR"), affected companies should already...

Fifth of firms hit by online ransom demands

23/06/2017 11:42
A fifth of Irish businesses have been the target of online ransom demands in the past year while more than half of top IT professionals don’t believe their firms understand their own security...

Morrisons supermarket chain fined for flouting customers’ marketing wishes

17/06/2017 08:42
A national supermarket chain has been fined for breaking the law on how people’s personal information should be treated when sending marketing emails. An investigation by the Information...

New European rules will sting unprepared small firms the hardest

17/06/2017 08:39
You'd know the General Data Protection Regulation is less than a year off. With Europe's big regulatory stick getting closer and closer, big companies are really starting to get into gear....

Survey: 61 percent of companies have not started GDPR implementation

08/06/2017 09:44
Is your company getting ready for the General Data Protection Regulation? If so, it might be in the minority. That's because, according to research conducted by TrustArc, the answer is likely no. In...

More businesses hit by data breaches: Beazley

08/06/2017 09:39
For the first quarter of 2017, global insurance underwriter Beazley reported that there has been a significant increase in the number of data breach incidents. The company’s Beazley Breach Response...

Power Lunch: Prepare for the Next Cyber Attack

05/06/2017 07:49
Food and beverage processors should harden their manufacturing systems to prevent ransomware and other threats and check their insurance policies to see such crimes are covered. We're unaware if...

You Can Now Get Insurance For Your Money Against Growing Ransomware Threats. Here's How.

05/06/2017 07:45
Reforms such as demonetisation and introduction of a singular indirect tax called Goods and Service Tax have pole-vaulted digitisation of the financial economy in India, which has the second largest...

Cyber-risk tops insurance leaders’ concerns

02/06/2017 09:18
Causing anxiety: insurance practitioners and industry observers in Bermuda have identified Cyber-risk as the top concern for the next two or three years   Cyber-risk is the top concern for...

OECD Report : Supporting an Effective Cyber Insurance Market

29/05/2017 10:51
The increasing use of and dependence on information technology in economic activities - while creating significant benefits in terms of productivity and efficiency - is also leading to significant...

Cyber insurance market slow to develop: Allianz executive

27/05/2017 08:15
The tiny market for cyber insurance has been slower to develop than generally anticipated, a member of Allianz's board said in an interview. The European market for cyber insurance currently has a...

Cyber insurance policies expected to become more similar in next few years: CIFF speaker

27/05/2017 07:46
A lot more convergence in cyber insurance policies is expected within the next few years as policies, exclusions and wording get tested and case law develops, John Elb suggested Wednesday during a...
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