In addition to the consumer lawsuits arising out of last year's massive data breach, Target faces a potentially more problematic lawsuit brought by financial institutions that issued credit and debit...
"Organizations with cyber insurance benefit from a greater peace of mind as well as the opportunity for more effective cybersecurity practices and operational resiliency"
Maintaining security and...
Amid a plethora of cyber infiltrations, data breaches and hacking threats, one United States Treasury Department official is urging financial institutions to adopt cyber...
Business trends, such as big data, mobile and hybrid cloud, are creating challenges for data protection, according to the EMC survey.
Data loss and downtime cost enterprises $1.7 trillion in...
PHILADELPHIA, Dec. 3, 2014 /PRNewswire/ -- NetDiligence®, a leading cyber risk assessment and data breach services company, announced today it has published its fourth...
Security researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised...
Last week's hacking incident involving Sony Pictures Entertainment highlights the importance of having cyber insurance that includes business interruption cover and demonstrates the negative effect...
At least a few of the 365 days in 2015 will include a calamity or two for your bank.
Many will be small. A few might be large. Some that start small might morph into large.
Make sure your bank’s...
Thanks to great leaps forward in automotive technology, cars that once might have been the stuff of futuristic Hollywood films are now inching towards reality.
Driverless cars have recently been...
The Importance of Retroactive Dates and Extended Reporting Periods in Effective Cyberliability Insurance Coverage
A recent study reports that the median amount of time between an intrusion into a...
Total privacy spending across the biggest U.S. companies is predicted to rise to $3B in 2015.
Earlier this month, the International Association of Privacy Professionals released its inaugural...
6.5 million customers at Royal Bank of Scotland, NatWest and Ulster Bank affected by computer meltdown in June and July 2012
Royal Bank of Scotland has promised that there will be no repeat of the...
There’s been a myriad of articles outlining the benefits of cyber liability insurance following the well-publicized data breaches of Target, P.F. Chang’s, JPMorgan Chase, eBay, Home Depot and...
According to Chris Collins (R-NY), Chairman of the House Small Business Subcommittee on Health and Technology, nearly 20 percent of cyber attacks are carried out against small businesses...
CISOs and cyber security leaders have long struggled to gain a voice in the boardroom. Shut out of leadership meetings and strategic decision-making, IT security has often been seen as little more...
A Turkish hacking collective claims to have deleted billions in outstanding electric bills, the government claims the group just removed a data backup.
(TheAntiMedia) “RedHack”, a Turkish...
As the pace of cyberattacks increases, asset managers are taking a hard look at their cyber insurance coverage to make sure that it will cover them should they become a target.
Fidelity Investments...
The internet has infiltrated almost every corner of our society, transforming our lives in the process. Over the coming decades, networked innovations will extend this change to the physical world....
The recent spate of payment card breaches that have plagued the retail industry this year has prompted many merchants to consider investing in cybersecurity liability insurance policies to offset the...
A survey has found that cyber attacks and terrorism represent the two biggest emerging risks to the reinsurance industry in 2015.
The survey, by Guy Carpenter & Company in the United States,...