News

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...

Majority of companies significantly under-insured for cyber risk by Caitlin Bronson

15/05/2015 04:48
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 data breach shows the real damage of a breach by Art Gross

15/05/2015 04:43
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...

Your Cyber Insurance Questions Answered By Sarah Ludwig

14/05/2015 15:53
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...

Over 90% percent of data breaches in first half of 2014 were preventable by Charlie Osborne

13/05/2015 06:50
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 to cost global economy $2 trillion by 2019 by Zack Whittaker

13/05/2015 06:47
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...

90% of firms in this industry were hit by a cyber-attack in past 2 years by Benjamin Lane

13/05/2015 06:40
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...

Cyber Insurance Offers More Than Just Protection Against External Cyber Attacks by Travis Wall

12/05/2015 14:24
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...

How to Teach Your Employees to Recognize Hacker Scams by Art Gross

07/05/2015 12:55
  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...

Health data breaches: Why size doesn't matter by Rick Kam, President and co-founder, ID Experts

05/05/2015 14:07
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...

Ten Cybersecurity Concerns for Every Board of Directors by John Reed Stark and David R. Fontaine*

02/05/2015 23:11
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...

Zurich reaches settlement with Sony over PlayStation hack by Caitlin Bronson

02/05/2015 21:37
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...

Cyber insurance not trusted by business, KPMG claims by Tom Reeve

02/05/2015 21:30
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...

Privacy tips for the Internet of Things

01/05/2015 19:16
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,...

How the Internet of Things Will Transform Retirement by Joseph Coughlin

01/05/2015 19:05
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...

Security chiefs don’t believe insurers will pay out on cyber claims By Sooraj Shah

01/05/2015 19:03
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 View from Europe

30/04/2015 09:53
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...
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