News

CYBER INSURANCE IS GROWING IN AUSTRALIA

26/07/2015 17:07
AUSTRALIAN CYBER SECURITY CENTER HIGHLIGHTS THE RISE OF CYBER ATTACKS IN THE COUNTRY A growing number of companies in Australia are beginning to find solace in cyber insurance protection....

Law Firms See Insurance as Bulwark Against Data Breach

26/07/2015 17:04
David Johnson had just finished meeting with a cybersecurity consultant about beefing up the company’s protections when he learned the servers had been hacked. As general counsel of Global Cash...

Weekly Wrap: Insurance industry reacts to car hack by Lena Woods

24/07/2015 17:57
Industry reacts to car hack A leading cyber insurance expert has calmed fears following the cyber attack, reported on Insurance Business yesterday, that allows hackers to control a...

Cyber Blackout Could Cost Insurers $71 Billion, Lloyd’s Reports by Caroline McDonald

24/07/2015 17:54
A cyberattack targeting the U.S. power grid would have widespread economic implications, resulting in insurance claims of between $21.4 billion and $71.1 billion in a worst case scenario, according...

United hackers given million free flight miles By Chris Foxx

17/07/2015 13:40
    US airline United has rewarded two hackers who spotted security holes in its website with a million free flight miles each. The flight provider operates a "bug bounty" scheme that...

Cyber risk & aggregation - ‘the elephant in the room’ by Sarah Stephens, Head of Cyber, Technology and Media E&O, JLT Specialty

15/07/2015 13:33
We have reached a point where individuals and institutions are consistently reminded of the threats posed by cybercrime. The high profile breaches suffered by the likes of Target, Home Depot,...

Investors Put $4.6 Billion Into Cybersecurity Startups In The Last Two Years

15/07/2015 12:27
Q2'15 was strong for cybersecurity funding, with $704M invested across 47 deals. It was the highest quarterly funding total since Q2'14. Cybersecurity is increasingly a hot sector for investment,...

4 Insurance Takeaways From Lloyd's Cyberattack Report By Jeff Sistrunk

14/07/2015 09:26
Law360, Los Angeles (July 13, 2015, 8:31 PM ET) -- Insurance market Lloyd's of London recently co-wrote a report predicting that a major cyberattack on the East Coast could trigger $70 billion in...

The top 8 coverages businesses look for in cyber policies by Caitlin Bronson

13/07/2015 11:52
More than half of corporate risk managers in the United States are now purchasing stand-alone cyber insurance policies, according to a recent survey of RIMS members. A reported 51% of respondents,...

Germany passes strict cyber-security law to protect ‘critical infrastructure’

13/07/2015 11:49
In the wake of ever-increasing cyber-security threats, Germany has passed legislation ordering that over 2,000 essential service providers implement new minimum information security standards or face...

Insurer gives Internet of Things insight by Lena Woods

07/07/2015 09:14
AIG has released a report detailing the future of the ‘Internet of Things’ (IoT) and the insurance industry is set to play a key role in its development. The rise of IoT, or interconnected devices...

New Case Highlights Deep Hole in Cyber Insurance Policies by Dennis Cusack

07/07/2015 09:11
Insurance policies covering data breach liability began appearing roughly ten years ago. We noted then a troublesome provision in some forms that seemed to exclude coverage for the insured’s failure...

Research: Majority of Credit Card Machines Are Easily Hackable

05/07/2015 16:15
Researchers at a private cybersecurity firm have discovered that a vast majority of credit card machines in various stores across the U.S., use the same password, making them easy targets for...

JLT and Marsh reveal the biggest cyber trends

30/06/2015 17:38
Two brokers discuss the main developments in cyber risk management and the threats to prepare for     New EU data protection regulation “is going to massively change” the cyber risk...

Insurers take on hackers by SHERRY SLATER

28/06/2015 23:13
Local companies opting for cyber insurance coverage Some security pros would argue that it’s less a question of whether your company’s confidential files will get hacked than it is a matter of...

Most UK companies not assessing suppliers for cyber risk, Marsh study finds

26/06/2015 07:05
Less than a third of UK businesses review their suppliers' exposure to cyber risk, according to a new study by insurance broker Marsh. In its UK cyber risk survey report for 2015, Marsh said...

Hacking the data secrets of Cyber Cover by Laura Scaife

24/06/2015 06:54
Cybercriminals use strategies to select their victims and are not always selective about who they target. Examples of commonly targeted entities include corporate bank accounts, which often lack the...

Advisen Announces 2015 Cyber Risk Award Winners

21/06/2015 18:24
NEW YORK— June 18, 2015 – ACE Group’s Toby Merrill, CFC Underwriting’s Graeme Newman and ACE Group’s Marcel Van Peenen were each named Cyber Risk Industry Person of the Year in the USA, London and...

With the Increase in Data Breaches (and Their Cost), Cyber Insurance Is a Must

20/06/2015 08:08
Although it has been available for a decade or so, the cyber liability market is still something of the “Wild West,” in the words of Stephen Raptis, a partner in the Washington, D.C., office of...

Experian Data Breach Readiness 2.0

17/06/2015 16:58
Experian Data Breach Readiness -  The Customer First Data Breach Response. A rapidly changing landscape means a radical rethink for UK businesses Over the last few years the data breach...
<< 26 | 27 | 28 | 29 | 30 >>