News

Global attacks spur demand for cyber insurance, says Fitch Ratings

17/05/2017 11:58
KUALA LUMPUR (May 16): Fitch Ratings said the slew of recent ransomware attacks in over 150 countries has revealed the widening scope of corporations' cyber risk exposures, which is likely to...

Cyber Insurance Boom on the Horizon

17/05/2017 11:54
The most recent global attack has prompted many in the industry to bet on the rapid growth of cyber insurance. Some predict the market will eventually overtake car insurance.   While the global...

Interview: Gemalto's Rana Gupta talks secure breaches, encryption and cyber attacks

16/05/2017 09:42
Your company's information is always at risk of being stolen, but what if that stolen information is encrypted - and worthless to hackers?  We talked to Rana Gupta, Gemalto’s vice president of...

What to do in the first 24 hours after a cyber-attack

15/05/2017 22:04
As you will no doubt have seen in the news, there has recently been a global outbreak of ransomware which has hit more than 200,000 victims in 150 countries, with the NHS being the most high-profile...

Lockton cyber head: Brokers “being pushed into a more advisory role”

09/05/2017 15:08
A report released yesterday claimed that brokers are failing clients when it comes to cyber insurance. Research from CFC Underwriting found that over half of UK-based SMEs claim their...

Brokers are failing on cyber insurance - report

09/05/2017 15:03
Brokers are failing their clients in what has become one of the hottest areas of insurance – at least if a new report is to be believed. According to research from CFC Underwriting, over half of...

Swiss Re Sigma Report "Cyber: getting to grips with a complex risk"

30/04/2017 09:11
Cyber threats are evolving rapidly due to the growing digital transformation of society, the widespread use of internet-enabled devices and processes, and the changing profile of hackers. Recent...

Cybersecurity in financial institutions 2016 — and what 2017 holds

22/04/2017 20:23
We are digital natives, and with each passing day we put more of our lives online. We no longer stand and wait in lines; we connect to the Web for instant gratification. Convenient? You bet, but the...

Cyber Insurance Becomes a Must for More Manufacturers

20/04/2017 06:22
 Factories are increasingly computerized and digitally integrated with other parts of a company, so keeping those networks secure is critical   Abbott...

2,224 data security breaches reported in 2016, says Data Protection Commissioner

13/04/2017 09:20
Reports of data breaches to see exponential rise once mandatory reporting rules under GDPR come into force, warns DPC Helen Dixon. Ireland’s Data Protection Commissioner (DPC), Helen Dixon, has...

GDPR: The Article 29 Working Party Issues Final Guidelines on Data Protection Officers ("DPO")

12/04/2017 09:26
At its plenary session on 5 April, the Article 29 Working Party ("WP29") approved revised guidance interpreting elements of the General Data Protection Regulation ("GDPR"), including on the...

Ransomware: Top 3 myths debunked

11/04/2017 07:45
Here are the top three myths that are costing organisations thousands they can’t afford. On 14th March, the National Crime Agency and National Cyber Security Centre sounded the alarm about the...

A Breakdown of the Second Largest HIPAA Fine to Date – $5.5 Million

11/04/2017 07:23
For the first time, the Office of Civil Rights (“OCR”) penalized a covered entity for failure to implement audit procedures to review, modify, and/or terminate users’ right of access. In...
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