News

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...

RIMS Cyber Survey 2015: 51% of members have stand-alone cyber insurance policies by Rosalie Donlon

14/06/2015 08:28
Top three first-party exposures for risk managers are reputational harm, business interruption, and data breach response and notification  Every day the reports of cyber attacks become...

Cyber attacks cost British industry £34bn a year by By Alan Tovey, Industry Editor

12/06/2015 11:24
As well as the multi-billion-pound price tag, the threat from hackers is holding business innovation back, a new report finds Defending Britain against cyber attacks and repairing the damage...

Personal data now prime target for cyber criminals

11/06/2015 08:47
(Reuters) — Whoever was behind the latest theft of personal data from U.S. government computers appears to be following a new trend set by cyber criminals: targeting increasingly valuable medical...

Oceanwide launches new cyber risk assessment tool

11/06/2015 08:45
Oceanwide, An Insurity Company, has released a new cyber risk assessment tool designed to help insurers identify and mitigate company-specific risks to data and privacy. The tool is designed to...

The Devil Is in the Details of Cyber by Roberta Anderson

08/06/2015 06:00
Summary: A major case, one of the first disputes under a cyber insurance policy that has resulted in litigation, shows why details matter so much. There’s a tempest amid the recent spring shower of...

Checking your vendors’ cyber-security practices by Jennifer Cummings

07/06/2015 21:23
A weak link in many financial advisers’ cybersecurity plans is the outside companies that help run their businesses, such as payroll companies and computer-repair firms. Advisers want to focus on...

Rise in UK Cybersecurity Incidents as Average Costs Soar by Mike Hine

04/06/2015 15:41
Almost three-quarters of small UK businesses, and 90% of large organizations, have experienced a security breach, roughly a 10% increase for both compared with the same time last year. This is one of...

Our cars are becoming another device on the Internet of Things EDT Writer Adam Wernick Producer Alexa Lim

03/06/2015 23:00
In case you haven't noticed, cars are gradually transforming into computers on wheels. All the things we love about our devices have become more and more integrated into our driving experience: music...

Cyber insurance set to become the norm by 2025

01/06/2015 06:31
Category Data SecurityArticle date 30 May 2015 Cyber insurance is set to become an essential for many businesses over the next ten years, it has been forecast. Research unveiled by the...

Internet of hackable things: wired world wide open to new age of cyber crime by Mark White

24/05/2015 10:56
It sounds like the stuff of sci-fi nightmares – a stranger hacking your baby cam and shouting abuse at your toddler. Someone controlling your home's lights and power points via a system that should...

Think You Don’t Need Cyber Insurance? Think Again! by Monica Bay

23/05/2015 06:16
Think you don’t need cyber insurance? Think again. Big Law is a big target for cyber thieves, experts warn. For starters, law firms are viewed by criminals as low-hanging fruit — because firms are...

Insurance Requirements When Buying a Smart Car by Barry Rabkin

20/05/2015 22:31
Let's jump ahead to a time when increasingly more people decide to buy a smart car. If I was the buyer there are certain insurance coverages I would want to buy and certain insurance coverages I...
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