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Data Protection – Entering The ‘Post-Regulatory’ Age by Stewart Room

04/09/2014 06:57

The status of the proposed EU General Data Protection Regulation is still up in the air at the moment, but there is a greater sense of optimism around that the reform agenda will complete fairly soon, i.e., in the medium term, say by the end of 2015. The European Parliament elections depressed...

Buying Cyber-Insurance: 5 Tips by Jeffrey Roman,

03/09/2014 05:03

As more organizations consider cyber-insurance coverage in light of high-profile data breaches, such as those at JPMorgan Chase,Community Health Systems, Supervalu and Target, it's important that they weigh certain factors to make sure a policy fits their specific...

DEBATE: Insuring against regulatory penalties

01/09/2014 21:08

Pro: Sarah Stephens, head of cyber & commercial E&O at Aon Risk Solutions EMEA Insurance can and should cover non-criminal privacy-related regulator fines. Most insurers will write into their policies that regulatory fines are covered “to the extent insurable under applicable law.” We...

Banks lose $US23 million on average from cybercrime by Paresh Dave

01/09/2014 07:12

As the FBI and US Secret Service investigated the scope of recent cyber attacks on US financial institutions, America's largest banks said Thursday that they hadn't seen any unusual fraud activity from their customers' accounts. Officials at JPMorgan Chase & Co, Bank of America. and Citibank...

Will the internet eat your brain?

31/08/2014 07:42

Mind Change: How Digital Technologies are Leaving their Mark on our Brains. By Susan Greenfield. Rider; 368 pages; £20. Buy from Amazon.com, Amazon.co.uk A PICTURE doing the rounds on social media a few months ago showed two Hong Kong lovers hugging on a train. Resting...

Cyber Threats Are Greater Than Ever by Christopher Eutaw,

30/08/2014 21:53

Cyber security is hardly a new concept. After all, Symantec Corp.(SYMC ) has been selling its flagship Norton antivirus software for over two decades now. But more recently, cyber security has become a huge concern for major corporations, as well as the Department of Defense. In...

Cyber's Surprising Importance for M&A by Judy Selby

30/08/2014 17:36

Many corporate deals can unwittingly void important cyber coverage. So, it needs to be considered early in any possible deals. Although many people think of cyber insurance when confronted with a data breach, cyber insurance may not be quite so top of mind in the context of corporate mergers...

How a hacker could cause chaos on city streets by Antone Gonsalves

30/08/2014 10:16

Traffic is chaotic enough in major cities, but imagine how much worse it would be if a criminal hacker got control of the traffic lights. That Hollywood scenario is what researchers at the University of Michigan proved could happen given the security flaws in today's traffic...

JPMorgan probes possible cyber attack; other banks reportedly hit by Reuters

29/08/2014 17:14

(Reuters) — JPMorgan Chase & Co. is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning. The bank was taking additional steps to safeguard sensitive or confidential information, though it did...

CYBER SECURITY IS BECOMING A PRIORITY AS NEW VULNERABILITIES ARE REVEALED AND DIGITAL ATTACKS BECOME MORE COMMON

29/08/2014 17:08

Cyber security is gaining more serious attention , especially as new OpenSSL vulnerabilities are announced. Two new vulnerabilities were revealed recently, both of which allow malicious groups or individuals to exploit information stored on an insecure computer or mobile device. Cyber...

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