News

Hacking after Sony: What companies need to know by Amanda Schaupak

14/12/2014 18:14
The massive breach at Sony Pictures has raised fears that cyber crime is outpacing corporate security and that hackers have achieved a new height of technical ingenuity in their attacks....

Cyber Security Practices Insurance Underwriters Demand by Natalie Lehr

13/12/2014 04:44
Insurance underwriters aren't looking for companies impervious to risk. They want clients that understand the threat landscape and have demonstrated abilities to mitigate attacks. With security...

Managing cyber risks with insurance by PWC

11/12/2014 21:07
Key factors to consider when evaluating how cyber insurance can enhance your security program Managing cyber risks to sensitive information assets and systems is a top priority for most companies....

The other cyber shoe has dropped – What does that mean for your Insurance Program ? by Scott N. Godes

09/12/2014 20:38
Just when you thought that it could not get worse for companies in the context of cybersecurity and privacy issues…it does. The end of 2014 has been brutal. Perhaps most significant, a court allowed...

How stolen credit card data is used by Scott Aurnou

09/12/2014 05:22
  Hint: Emails recruiting you for "mystery shopper" and "work at home" opportunities are likely trying to involve you in the scams. Reports of high-profile data breaches have been hard to miss...

Car makers commit to privacy for connected cars by Giulio Coraggio

07/12/2014 01:06
19 makers of cars and trucks sold in the US committed to preserve the privacy of their customers in the view of the massive amount of personal data that are going to be processed through connected...

Lessons from Target Class Action Ruling by Judy Selby

07/12/2014 00:58
In addition to the consumer lawsuits arising out of last year's massive data breach, Target faces a potentially more problematic lawsuit brought by financial institutions that issued credit and debit...

The Hidden Strategic Advantage in Cyber Insurance By James McFarlin

06/12/2014 17:11
"Organizations with cyber insurance benefit from a greater peace of mind as well as the opportunity for more effective cybersecurity practices and operational resiliency" Maintaining security and...

Treasury Department Says Banks Need Cyber Risk Insurance by Filed Under

06/12/2014 12:32
Amid a plethora of cyber infiltrations, data breaches and hacking threats, one United States Treasury Department official is urging financial institutions to adopt cyber...

Data Loss, Downtime Cost Businesses $1.7 Trillion By Nathan Eddy

06/12/2014 12:29
  Business trends, such as big data, mobile and hybrid cloud, are creating challenges for data protection, according to the EMC survey. Data loss and downtime cost enterprises $1.7 trillion in...

NetDiligence® Publishes Fourth Annual Study of Actual Payouts on Cyber Claims and Data Breaches

04/12/2014 06:01
PHILADELPHIA, Dec. 3, 2014 /PRNewswire/ -- NetDiligence®, a leading cyber risk assessment and data breach services company, announced today it has published its fourth...

Cyber espionage ring stole corporate secrets

03/12/2014 22:04
  Security researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised...

Recent hacking involving Sony Pictures Entertainment shows need for business interruption cover in cyber insurance: CFC Underwriting

02/12/2014 07:10
Last week's hacking incident involving Sony Pictures Entertainment highlights the importance of having cyber insurance that includes business interruption cover and demonstrates the negative effect...

10 insurance mistakes to avoid in 2015 by Scott Simmonds, CPCU, ARM

30/11/2014 23:49
At least a few of the 365 days in 2015 will include a calamity or two for your bank. Many will be small. A few might be large. Some that start small might morph into large. Make sure your bank’s...

Forensics and the Internet of Things: the car of the future will be a data goldmine by Ben Rossi

23/11/2014 11:29
Thanks to great leaps forward in automotive technology, cars that once might have been the stuff of futuristic Hollywood films are now inching towards reality. Driverless cars have recently been...

Hackers Don’t Care About the Terms of Your Insurance Policy by J. Andrew Moss and Brian Himmel

22/11/2014 22:25
The Importance of Retroactive Dates and Extended Reporting Periods in Effective Cyberliability Insurance Coverage A recent study reports that the median amount of time between an intrusion into a...

Report Benchmarks Privacy in Fortune 1000 Companies by Judy Selby

22/11/2014 07:48
Total privacy spending across the biggest U.S. companies is predicted to rise to $3B in 2015.   Earlier this month, the International Association of Privacy Professionals released its inaugural...

RBS fined £56m for IT breakdown by Jill Treanor

22/11/2014 07:44
6.5 million customers at Royal Bank of Scotland, NatWest and Ulster Bank affected by computer meltdown in June and July 2012 Royal Bank of Scotland has promised that there will be no repeat of the...

5 Tips for Clients to Consider When Buying Cyber Liability by David Lewison

22/11/2014 07:21
There’s been a myriad of articles outlining the benefits of cyber liability insurance following the well-publicized data breaches of Target, P.F. Chang’s, JPMorgan Chase, eBay, Home Depot and...

How to reduce your risk of a cyber security breach by Lisa Kahn Grossman,

21/11/2014 08:07
According to Chris Collins (R-NY), Chairman of the House Small Business Subcommittee on Health and Technology, nearly 20 percent of cyber attacks are carried out against small businesses...
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