
Cyber risk is no longer just about data breaches and must be addressed as a global concern.
That is the opinion of Graeme Newman, director, CFC Underwriting, speaking at the Cyber Risk Insurance...
Consumers Don't Need to 'Stop Whining About Privacy.' They Need More Transparency.
As someone interacting with privacy professionals on a daily basis, I was struck by this recent column in...
Cyber insurance saw record growth in 2014. In fact, Advisen’s buyer penetration index showed a five-fold increase in cyber insurance purchases from 2006 to 2013, demonstrating that many organizations...
Later this month, Katherine Keefe expects to mark a very significant--and troubling--milestone. Her data breach response team at Beazley Insurance expects to investigate its 2,000th data...
The European cyber insurance market has developed at a slower pace and has not taken off in the way that the U.S. scene has due to a different cultural view toward data privacy and liability, but...
For several years the insurance industry has talked about a pending surge in cyber insurance sales. And while cyber insurance appears to be trending up some say that “surge” has yet to come.
That may...
Businesses large and small that accept credit cards in the United States are facing a harsh reality when it comes to fraud liability. In October 2015, most all major credit card companies will shift...
Survey shows that most businesses are not fully compliant and feel guidelines to achieve compliance are unclear.
‘One-third of organisations in France, Germany and UK do not fully understand the...
Even business intelligence firms can learn a thing or two about doing business in the digital era. Just ask Bowman & Partners, a Roanoke, Texas-based startup that mines a wealth of brand and...
An attacker could mimic a BMW server and remotely unlock a car.
A security vulnerability in BMW's Connected Drive system allowed researchers to imitate BMW servers and send remote unlocking...
A leading UK lawyer has said that cyber-insurance can play a part in a business cyber-security strategy, so long as the risks are understood.
UK lawyer warns of cyber-insurance loopholes
In a...
The European Union has indicated that the widely-awaited General Data Protection Regulation (GDPR) will come to fruition before the end of the year.
The European Commission
In a...
The increasing incidents of cybercrime is sparking European executives’ interest in insurance policies that cover the fallout from hacking, officials at insurance firms say in Europe say.
Demand for...
The November attack on Sony Pictures Entertainment drew around-the-clock media attention, but far from Hollywood's studio lights is a growing legal debate in the starchy insurance industry about...
According to a recent survey conducted by Hanover Research and sponsored by ISO, 40% of companies don’t think they need cyber coverage and 29% believe they’re already covered under existing...
Loyaltybuild's managing director confirmed yesterday that a "very sophisticated cyber attack" cost the firm millions of euro in lost revenues in 2013.
Richard Hadfield was commenting on new accounts...
Time for car companies to team up with Apple, Google and Samsung on in-vehicle interface tech
In just five years, most cars and trucks will be connected to the Internet, according to a report...
PARIS (AP) — Hackers have targeted about 19,000 French websites since a rampage by Islamic extremists left 20 dead last week, a top French cyberdefense official said Thursday as the president tried...
BMW says “NO THANKS” to the 3rd parties who ask to share the connected car data that the car maker collects from its drivers.
In the North American International Auto Show (NAIAS) this...
The role of the board of directors has shifted as information technology (IT) systems consume critical processes and data and encounter more risk. Traditionally, the board manages financial risks...