News

Cyber liability insurance market: Equal parts promise and peril

01/01/2018 16:36
When it comes to cyber threats and how they continue to evolve, Adam Cottini, managing director of Gallagher’s Cyber Liability practice, offers a chilling assessment: “You have the known and the...

Experts forecast cyber rate increases of up to 5% for 2018

14/12/2017 07:06
Despite a series of high-profile cyber breaches, Willis Towers Watson P.L.C. said Tuesday that experts forecast cyber insurance rate increases of up to 5% for 2018. The prediction was based on...

Cyber Handbook 2018: Perspectives on the next wave of cyber

14/12/2017 07:04
Over the last year, we have reached a new and important turning point in the struggle to manage cyber risk. In the war between cyber attackers and cyber defenders, we have reached what Winston...

The biggest threat to your cybersecurity is hiding in plain sight

12/12/2017 08:09
While organizations understandably make significant investments in technology to defend against external cyber threats, their biggest security vulnerability is internal and hiding in plain sight:...

SANS Cybersecurity Trends And Predictions For 2018

08/12/2017 14:07
There are four major factors in cyber security that change constantly, creating meaningful impact to business and government cybersecurity programs: Business trends and new technology...

If Santa Claus did not have a Data Protection Officer

05/12/2017 07:20
  Santa Claus had been the victim of a significant cyber-attack by hackers who do not love Christmas in order to control the naughty list he maintains with the reasoning for not sending the...

Ransomware, malware attacks to continue in 2018 as hackers advance to machine learning, analytics

01/12/2017 07:10
It's been a pretty scary year where cybercrime is concerned, with words like ransomware, malware and spyware becoming a part of our daily lexicon. Over 27,000 cyber security incidents were reported...

Cyber Insurance v GDPR - The Myths, the Maths and the Law

30/11/2017 07:09
We rarely switch on our computers without an email containing the latest guidance, opinions, dos and don'ts, risks, or the undeniable fact that the harsh penalties which are likely to flow from the...

SMEs remain underprepared as cyber threat grows

26/11/2017 08:23
Small-medium sized enterprises (SMEs) remain particularly vulnerable to cyber attacks, with just half of SMEs surveyed by Argo Group having purchased protection despite the drastically rising threat...

Cyber coverage to grow fastest in retail and manufacturing industries

19/11/2017 10:49
The cyber insurance market has been forecast to reach almost $17 billion by 2023, growing over 20% CAGR between 2017-2023, according to P&S Market Research Global. The Banking Financial Services...

Fraudulent e-mail a ‘real big deal’ in cyber risk

17/11/2017 16:24
There is plenty of competition in the cyber insurance market but placing a cyber product suitable for a client “can be a challenge” because different insurers offer different products, the author of...

Enisa Report : Commonality of risk assessment language in cyber insurance

15/11/2017 13:40
Commonality of risk assessment language in cyber insurance While several risk assessment languages and frameworks exist in cyber-insurance, the industry has yet to take steps in the direction of...

Intensifying cyber-attacks prompt major expansion of Beazley’s insurance coverage and services

15/11/2017 07:32
New York, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Responding to a fast mutating cyber threat that has significantly raised the risks faced by small and mid-sized businesses, specialist insurer Beazley has...

Cyber influence on insurer ratings mostly gradual: Fitch

15/11/2017 07:29
The influence of cyber risk on insurer ratings is likely to be gradual, Fitch Ratings has reported. Cyber insurance represents a relatively small percentage of insurers’ business and...

Reported costs of cyberattacks are ‘tip of the iceberg’ – QBE

09/11/2017 07:50
The mass media only reports the tip of the iceberg when it comes to cyberattacks. The real cost of a cyber claim remains drastically underreported, according to Scott Pidduck, senior underwriter at...

Protecting against #cyberfail: Small business and cyber insurance

02/11/2017 14:06
While cyberattacks and data breaches at Fortune 500 companies tend to dominate the headlines, America’s more than 28 million small businesses and their 56 million employees are increasingly...

2017 Survey of Cyber Insurance Market Trends

29/10/2017 15:12
October 2017 PartnerRe and Advisen are proud to release a white paper that features the results of a comprehensive survey of the evolution of the market for cyber insurance, both first- and...

Beazley reports nine-fold rise in data breaches due to social engineering

24/10/2017 17:01
New York, 24 October 2017 Specialist insurer Beazley’s third quarter 2017 Breach Insights report released today 24 October reveals the rapid growth of social...

Privacy By Design (PbD) and Transparency Requirements Under the General Data Protection Regulation (GDPR) as Fraud Prevention Tools by John.E. Giannakakis, Co-founder @The DPO Academy

22/10/2017 08:10
On 14th of April 2016 the European Parliament adopted the new General Data Privacy Regulation ("GDPR") The GDPR is a Regulation by which the European Commission intends to strengthen and...

Cyber concerns increase as EU data protection deadline approaches

19/10/2017 06:50
As the May 2018 implementation of the European Union’s General Data Protection Regulation approaches, cyber risk has become the top concern of a majority of executives in a Marsh survey. A global...
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