News

Beazley: Is your incident response plan up to scratch? by Matt Smith

25/09/2015 04:55
Organisations that believe they have incident response plans could be at risk because the documents have not been put together properly or updated regularly. Sandra Cole, UK breach response manager...

Insurance and education should be weapons in fight against cyber-crime by Elliott Holley

24/09/2015 06:59
The majority of businesses do not have cyber security insurance, with many not even aware such protection exists – and even those that do have insurance in place may find themselves at a loss if...

Lloyd's of London insurers form cyber coverage consortium

24/09/2015 06:54
  Beazley P.L.C., Aspen Insurance Holdings Ltd., and Brit Global Specialty have launched a consortium to underwrite cyber data breach coverage at Lloyd's of London for businesses domiciled...

UK businesses suffer 40% more targeted cyber attacks than rest of Europe by Neil Ford

22/09/2015 09:41
New research from Quocirca and Trend Micro into “the preparedness of European organisations to deal with the aftermath of targeted attacks” has found that UK businesses suffer 40% more...

Why it is important to tap into the potential of cyber insurance

22/09/2015 06:25
Businesses are beginning to recognize the importance of protection against cyber attacks Cyber insurance is a potentially huge—but largely untapped—opportunity for insurers and reinsurers globally....

Connected mascara? L'Oreal explores the Internet of Things by Shona Ghosh

20/09/2015 07:38
L'Oreal is exploring the idea of smart make-up and conducting internal development work on the Internet of Things. The technology could allow the beauty company to give connectivity to "dumb"...

My Company Doesn’t Have Cyberinsurance: Where Do I Start?

19/09/2015 14:54
Cyber risks and cyberinsurance are hot topics in almost every industry. However, many companies do not have cyberinsurance yet and often don’t know where to start or how to evaluate...

Cyber liability: The next game-changer in E&O by Caitlin Bronson

17/09/2015 15:16
Last year, Wyndham Worldwide Corp. was successfully sued by the Federal Trade Commission for three major data breaches the company had suffered in the past three years. The basis? Wyndham Worldwide...

In focus: The data question by Sam Barrett

16/09/2015 14:38
SMEs are increasingly at risk from cyber criminals and brokers are at the forefront of advising and protecting clients from online attacks. Whether it is customers' personal details, credit card...

Cyber insurance will become a $7.5-billion industry in the next 5 years, and it's ripe for disruption

14/09/2015 13:33
LONDON: The cyber insurance market will triple in size to US$7.5 billion in annual premiums by 2020 and the insurance industry could face competition from disruptors such as Google if it does...

Cyber insurance market to reach $20bn by 2025: AGCS

09/09/2015 15:30
The standalone cyber insurance market will continue to evolve but development will bring challenges, with many concepts and wordings yet to be tested, potentially resulting in litigation. This is not...

What DDoS Attacks Really Cost Businesses - Incapsula’s 2014 DDoS Impact Report

06/09/2015 23:31
Incapsula’s 2014 DDoS Impact Report demonstrates an alarming trend—intrusions are becoming more prevalent, sophisticated and costly – while only 43% of respondents use a purpose-builIncapsula’s 2014...

Cyber Insurance: No longer a want, but a need By Steve Watts

06/09/2015 15:08
Cyber insurance is an important element for companies as it covers the damage and liability caused by a hack, which are usually excluded from traditional liability coverage. Stricter data privacy...

Security needed now for the internet of things by Juliana Kenny

05/09/2015 07:06
Ageneral warning has circulated for a few years now, alongside the the growth of the internet of things, that the more devices appear on the market, the more users are at risk for cyber...

Believing the hype: driverless cars and IoT by Juliana Kenny

05/09/2015 07:00
Research firm Gartner’s annual Hype Cycle looks at emerging technologies, how they burst onto the scene (in terms of impact for both businesses and consumers) and their respective experiences with...

Experts warn cyber risks could swamp the market by Ida Axling

04/09/2015 07:48
DAC Beachcroft says need for standalone cyber cover could be reinforced. Law firm DAC Beachcroft predicts that changes in regulation will boost cyber insurance policies in 2016.    In...

Law Firms, Data Breaches, and Insurance Coverage: A Curious Trifecta by Mark A. Cohen,

03/09/2015 10:55
Editor’s Note: The author of this post is the founder and CEO of Legal Mosaic, a strategic consulting firm and a regular contributor to Big Law Business. Cybersecurity breaches have become as...

Free Live Webinar: The Risks and Rewards of Cyber Coverage

02/09/2015 07:34
Understanding the changing Canadian cyber market and how to make it work to your advantage Canadian Underwriter Magazine and IDT911 have partnered to offer a webinar on cyber risk. The Canadian...

Phishing is a $3.7-million annual cost for average large company by Maria Korolov

27/08/2015 12:19
The average 10,000-employee company spends $3.7 million a year dealing with phishing attacks The average 10,000-employee company spends $3.7 million a year dealing with phishing attacks, according...

The Internet of Things: The Impact on the Travel and Hotel Industry

27/08/2015 10:19
The Internet of Things: The Impact on the Travel and Hotel Industry   The Internet of Things (IoT) is a relatively large topic that is widely circulating...
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