News

Beazley: Ransomware attacks steal headlines, but accidental data breaches remain a major cause of loss

02/08/2017 07:42
Beazley, a pioneer in cyber and data breach response insurance, today released its Beazley Breach Insights findings based on its client data in the first six months of 2017. Ransomware...

Beazley 2017 Breach Briefing Report

22/07/2017 16:36
At Beazley, we see first-hand the impact of cyber breaches on organizations of all types and sizes. Our Beazley Breach Response (BBR) data breach insurance is backed by our dedicated in-house...

A Lloyd's emerging risk report: Cyber exposure decoded. Introducing two scenarios to help insurers quantify cyber-risk aggregation

19/07/2017 10:44
While digitisation is revolutionising business and daily life, it is also making the global economy more vulnerable to cyber-attacks. As the cyber threat grows so the demand for cyber insurance...

DLA Piper hack could cost 'millions', brokers say

10/07/2017 10:06
DLA Piper is still recovering from last week’s cyber attack, with insurance brokers saying that the resulting upheaval could lead to costs “in the millions”. The firm, which...

Cyber insurance premiums grew 35% in 2016 -over $1.3 Billion!

06/07/2017 09:30
A.M. Best reported that the top “cyber insurance writers have shifted away from writing packaged policies to standalone coverage by nearly a 70-30 split on the $1.3 billion of direct premiums written...

Lloyd's Report : Closing the gap – insuring your business against evolving cyber threats

28/06/2017 13:14
Over the past few decades the internet has enabled extraordinary innovation to take place, creating new business models, giving rise to world-changing companies and generating millions of jobs. But...

Global cyber attack latest: What we know so far as huge cyber attack spreads across world

28/06/2017 04:14
A GLOBAL cyber attack has spread across the world, hitting computer systems everywhere from the UK and Russia to America and the Ukraine. Here is what we know so far. British, Russian and Dutch...

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...
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