Article archive

WH Official: Cyber Coverage will be a basic Insurance Policy by 2020

10/09/2014 20:38
By 2020, private firms will be buying cybersecurity insurance when they sign up for product liability coverage and other basic policies, a top White House cyber official said Monday. There isn't a market for cyber insurance yet — not for lack of interest, but because of the lack of data on the...

PII as Currency by Sam Pfeifle

09/09/2014 05:46
It’s sort of sickening to indulge in yet more creation of copy in regard to the great celebrity nude photo leak. Surely, just about everything that needs to be said about this 100-car-pileup of a story has been said: It’s a heinous invasion of privacy; it’s not J-Law’s or McKayla Maroney’s or...

Millennials Want a Future Which Includes Privacy by Alexandra Ross

09/09/2014 05:34
You may think of the Millennials as the oversharing generation, but contrary to their unabashed seflies and promiscuous use of social platforms, they’re not entirely comfortable living in a post-privacy world. Compelling insights into this demographic suggest what you think you know about...

Cyber crime costs global economy $445 billion a year: report

08/09/2014 07:06
(Reuters) - Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss to individuals from hacking, according to research published on Monday. The report from the Center...

Small businesses face big cyber-risks by Mark Pribish

07/09/2014 21:54
Is your business prepared for the cost, liability and potential business interruption of a data breach? Your business being hit by ID-theft criminals is a frightening thought, but one you should consider. Thousands of small businesses experienced a data breach around the same time as Target was...

Hack attacks spur calls for cyber insurance by Julian Hutemm

07/09/2014 21:41
Lawmakers have been unable to pass legislation to deal with the stream of hacks at major stores and websites, but the government may be able to do some good by helping out the insurance market. Analysts and brokers say the federal government should do more to help bolster the market for...

Dell CMO: Customer data 'the single most important asset that we have' by Caroline Fairchild

05/09/2014 21:47
  Just yesterday, the United Parcel Service  UPS 0.41%  became the latest company to fall victim to a customer data breach. The hack only affected customers at 1% of its U.S. locations, but the company was relatively lucky—other companies have suffered far...

Car hacking – are one-third of thefts ‘electronic hacks’? by Rob Waugh

05/09/2014 20:46
The UK government is to work with car manufacturers to prevent hackers using electronic means to break into increasingly hi-tech vehicles in Britain, after a spate of ‘car hacking’ in London, Computer World reports. In a speech to independent think tank Reform, Home Secretary Theresa May said...

Why cyber-risk insurance is rising rapidly in Ireland by Scott Diamont

05/09/2014 07:10
Cyber crime has almost doubled in recent years, according to a new survey Cyber risk in its various forms is one of the growth areas for the insurance industry. It's no big mystery as to why. Every day, we see news headlines about data breaches, cyber security issues and privacy debates. Whether...

Cyber Liability Insurance Demand Expected to Outstrip Supply by Beth Bacheldor

05/09/2014 06:56
Insurers lack data, tools to price new policies with confidence, according to Novarica report. Corporate interest in cyber liability insurance continues to gain momentum, and could strain an already limited supply of policies, according to a new executive brief published this week by market...
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