News

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...

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...

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...

Beazley’s 2018 Breach Briefing reveals the rapidly-changing cyber risk landscape - Download the report

21/02/2018 07:44
New York, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Cyber extortion, payroll diversion phishing attacks and fraudulent wire instruction are among the growing threats to business highlighted in the 2018...

European Union’s General Data Protection Regulation (GDPR) To-Do List

20/02/2018 07:26
1. Prepare a data map, which is a report on what personal data the company processes throughout its organization, where that data flows throughout the organization, where it is stored, who within the...

CEA Report: The Cost of Malicious Cyber Activity to the U.S. Economy

17/02/2018 22:18
Today, the Council of Economic Advisers (CEA) released a report detailing the economic costs of malicious cyber activity on the U.S. economy. Please see below for the executive summary and read...

Is cyber risk a D&O risk?

02/02/2018 09:47
By Kevin Kalinich, Global Practice Leader – Cyber Insurance, Jacqueline Waters, Management Liability Legal & Claims Practice Leader and Chris Rafferty, US Sales & Growth Strategies...

Tokio Marine Kiln Taps Jomaa from CFC as Cyber Underwriter

02/02/2018 09:18
Tokio Marine Kiln (TMK), the London-based provider of specialist and corporate insurance, has appointed Alex Jomaa as cyber underwriter. He takes up the role immediately and will report to Laila...

European Cyber Losses 2011 – 2017

29/01/2018 11:55
European cyber losses have affected organizations across Europe in recent years. 2017 was a particularly busy year as the region faced a series of cyber incidents including the Wannacry and NotPetya,...

Only 1/3 of startups are GDPR-compliant, study finds

27/01/2018 08:14
A Mailjet study of 4,000 companies shows an average GDPR-readiness score of 4.1 out of 10. A study by global email provider Mailjet shows that although 91 percent of startups say they’re collecting...

Deloitte: The Role of the Data Protection Officer

23/01/2018 07:57
Key points of the recent ODPC guidance and the Article 29 Working Group guidance   The Article 29 Working Party (WP29) adopted guidance on the role of the Data Protection Officer (DPO) under the...

Nearly 80% of consumers would end brand relationship over unauthorized data usage

20/01/2018 06:42
SAP study reflects people are selective about what data they'll share and why As we approach implementation of the General Data Protection Regulation (GDPR) in Europe and brace for its repercussions...

Brokers: are you aware of the retroactive conundrum in cyber policies?

18/01/2018 04:27
Cybersecurity threats are emerging at a rapid pace and existing threats are intensifying tenfold. It’s a fast-growing insurance market worldwide, with many trying to get to grips with how to mitigate...

BBC reports on ‘mad panic’ to pick up insurance

17/01/2018 07:37
Following high-profile cyberattacks such as Petya and WannaCry, it’s easy to see why companies are dashing to get their hands on either technological solutions or appropriate insurance. And with a...

How GDPR Will Transform Global Commerce

09/01/2018 06:48
Currently, we stand between two paradigms in the regulation and preservation of privacy. The U.S., as host to some of the world’s biggest tech giants, like Google and Facebook, relies on...
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