Article archive

Cyber Security Market Size Is Predicted To Reach $205.51 Billion By 2024: Grand View Research, Inc.

04/04/2018 09:07
According to new report published by Grand View Research, the global cyber security market is expected to reach USD 205.51 billion by 2024. Implementation of advanced level of cyber security can reduce the chances of any type of security breach and prevent the loss of crucial organizational...

After Facebook: can we regain control of our digital lives and privacy?

26/03/2018 12:50
Countless people have chosen to quit Facebook over the years, but last week’s mass exodus felt more significant. “I’m going to pull my photos and delete by the end of the week for good,” wrote one user on her timeline, as allegations of Facebook’s misuse of personal data escalated, and one of the...

Germany demands answers from Facebook over data breach

23/03/2018 07:35
Justice Minister Katarina Barley said the Cambridge Analytica scandal bombarded users with hate speech. Facebook CEO Mark Zuckerberg has been called to answer questions in the UK's criminal probe into the data breach. Germany's Justice Minister Katarina Barley said on Thursday that she was...

Was Your Facebook Data Actually 'Breached'? Depends On Who You Ask

23/03/2018 07:30
When Facebook co-founder Mark Zuckerberg posted a status update Wednesday on the still-unfolding Cambridge Analytica scandal, he called it an “issue,” a “mistake” and a “breach of trust.” But he didn’t say it was a data breach. Ever since the news broke this weekend that the U.K. firm Cambridge...

Developing Cybersecurity Requirements in Banking (and Other Financial Services) - Ted Augustinos

16/03/2018 09:41
This article provides a description of some of the critical provisions of the New York Department of Financial Services’ Cybersecurity Requirements for Financial Services Companies and the National Association of Insurance Commissioners’ Model law, and the differences and nuances between...

Report : Allianz Risk Barometer

15/03/2018 07:44
The most important risks for businesses in the United Kingdom Allianz Risk Barometer The annual Allianz Risk Barometer identifies top corporate perils based on the insight of more than 1,900 risk experts from 80 countries. Here we look at the risks ranked most important by those surveyed in the...

How insurers can learn from the cyberattacks of 2017

11/03/2018 09:40
Cyber exposure is an unwelcome reality faced by commercial organizations worldwide. It’s one of the fastest growing risks in the world as businesses become more interconnected, data-driven and reliant upon technology. Events in 2017 pushed cyber security issues into the limelight. Huge...

Cyber risk and regulation in Europe A new paradigm for banks

03/03/2018 17:01
Building resilience to cyber risk in banks is a rapidly growing priority for regulators. This new report, by Deloitte's EMEA Centre for Regulatory Strategy, explains why banks in Europe should expect a growing level of scrutiny from authorities in how they deal with cyber risk, and greater...

Average global insurance pricing increased by 0.8% in Q4: Marsh

03/03/2018 16:40
Record-setting catastrophe losses in 2017 sparked hopes of a bottoming out of the soft market cycle and although re/insurance renewal rates trailed expectations, Q4 2017 saw a reversal of the trend of declining rates as global insurance industry prices increased for the first time in four years,...

What Agent Who Wrote First Cyber Policy Thinks About Cyber Insurance Now

02/03/2018 07:33
It was more than 20 years ago. The Internet as it is known today was in its infancy. Steven Haase was with an insurance agency in Atlanta focused on insuring technology companies. “Around 1995, I saw the commercialization of the Internet. I was working with these clients and they had major...
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