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...
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.
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...
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...
About 80% of companies are likely to suffer a data breach within 12 months, and while most of the associated costs will total less than $1 million, there’s a 5% chance the breach will cost the...
Starbucks has a big problem. Don’t worry, they will still sell you their $5 cup of coffee. The problem they are dealing with is the repercussions of a data breach. The breach is connected with...
Although cyber insurance has been around for a few years now, since it is still a fairly new concept and the industry is expected to grow exponentially in the near future, companies may have...
Summary:The Online Trust Alliance says that a high percentage of data breaches were the result of staff mistakes -- rather than external hacking.
Over 90 percent of data breaches in the first half of...
Data breaches are set to cost the global economy as much as $2 trillion in the next five years.
Over 90 percent of data breaches in first half of 2014 were preventable
Read...
Nearly 90 percent of US healthcare providers have been hit by a data breach since 2013, costing the industry an estimated $6 billion a year, according to the latest data from the Ponemon...
Massive data breaches have become so prevalent that they are no longer big news. The cyber attacks that do grab headlines typically involve banks or large retailers, in which tens or hundreds of...
Cyber criminals are on the prowl for business data. Every company, no matter the size, has valuable data that's as enticing as cracking a safe--but with far less risk, because...
Big breaches make for big news: Anthem, Heartland Payment Systems, Sony, Target, to name just a few. The causes of these big breaches are numerous: big data and information integration provide a...
Every board now knows its company will fall victim to a cyber-attack, and even worse, that the board will need to clean up the mess and superintend the fallout.
Yet cyber-attacks can be...
The coverage dispute over the 2011 hacking of Sony’s PlayStation Network has been settled.
According to Thursday reports, Sony Corp. and Zurich America Insurance agreed to settle for an undisclosed...
Senior heads of security don't trust cyber-insurance products, viewing with scepticism the chances of getting a payout in the event of a cyber-attack, according to research from KPMG.
Based...
Worried that your connected devices are collecting too much personal data? Here's what you can do.
If you don’t like the idea of being tracked by your devices,...
Two converging technology-enabled innovations are creating a new future of old age. They also present new investment opportunities while challenging existing businesses serving an aging...
Chief information security officers (CISOs) don't believe that cyber insurance policies will pay up when they need to make a claim, according to a survey of senior information security...
A Q&A with Nick Beecroft of Lloyd’s of London
New regulation and awareness around growing threats such as operational attacks is changing the face of the European insurance market. I talked to...