News

Building a Data Breach Response Team, Before You Have a Breach by Judy Selby and Lynn Sessions

04/10/2014 12:25
In the wake of recent mega data breaches, it comes as no surprise that companies are working harder than ever to prepare for an inevitable data breach incident. Enterprises of all shapes and...

European firms far from ready for new data rules, study shows by Warwick Ashford

03/10/2014 05:05
As European authorities aim to ratify revised data protection legislation by the end of 2015, many firms will have a lot of work to do to comply, a study has revealed. If all goes according...

How to Lower Your Cyber Risk by Judy Selby

30/09/2014 06:30
  Looking at application forms for cyber insurance suggests four basic steps that can reduce exposure to data breaches. As we approach the close of 2014, virtually no one needs to be reminded...

Data breaches prompt insurers to boost cost of retailers’ cyber coverage by Judy Greenwald

29/09/2014 21:50
Major retailers should expect higher rates and retentions and lower coverage limits for their cyber insurance following several major data breaches since spring 2013, but much depends on persuading...

Survey Shows Cyber Emergency Response Plans Need to be Regularly Flexed to Stay Effective

28/09/2014 14:51
The Ponemon Institute released the 2014 results from their second annual survey on data breach preparedness sponsored by Experian on Wednesday, and some of the trends were...

Internet of Things reviewed by EU data protection watchdogs by Giulio Corragio

27/09/2014 09:23
The growth of the Internet of Things brought the attention of the European data protection regulators that through the European data protection advisory body, the Article 29 Working Party, issued...

2014 Ponemon 2nd Annual Study on Data Breach Preparedness

27/09/2014 06:37
  With data breaches making headlines the world over, awareness about the importance of having technologies and governance practices in place to respond to such incidents should be at an alltime...

Major technology companies ‘could flex muscles’ in insurance

26/09/2014 06:46
If major technology companies decide “flex their corporate muscles” in the insurance sector, it could change the playing field for everyone involved, KMPG has warned.The industry is already fighting...

Don't Be the Next Headline; Key Contractual Provisions to Reduce the Risk of Vendor-Related Data Breaches by Judy Selby

23/09/2014 07:04
The risk of data breach may not be on the radar screen of an entity engaged in contract negotiations with vendors who, in the course of their work, will have access to or possession of the entity’s...

Eiopa issues cyber warning

23/09/2014 06:48
EU financial regulator the European Insurance and Occupational Pensions Authority (Eiopa) has called on continental regulators to check that insurers and other financial institutions devote...

10 Tips For Enhancing Insurance Recoveries For Cyber Claims by Joshua Gold

23/09/2014 06:41
The Massive & Ever-Increasing Risk 2014 has seen one massive data breach after another, affecting industries and organizations of every type. One recent report indicated an Eastern European...

Retail Data Breaches Rock The Cyber Insurance Market

21/09/2014 19:52
Retail giant Target got an unusual amount of air time over the holiday season last year. Unfortunately for them, it was not due to their engaging commercials. Their positive consumer appeal was...

Beazley announces findings from analysis of 1,500 data breaches

18/09/2014 19:30
Employee errors at the root of most data breaches, but breaches caused by malware or spyware prove more costly   San Francisco, 18 September 2014 Beazley, the pioneer in breach response...

After the data breach: Now what? by Patricia Harman

18/09/2014 19:23
Data breach – those two words stir fear in most people. According to Privacy Rights Clearinghouse, more than 864 million personal records have been breached in the U.S. since 2005. With...

AIG offers SME protection against "hacktivists" with new cyber product by Caitlin Morrison

17/09/2014 07:52
AIG has launched a cyber product for SMEs in conjunction with broker Sutcliffe & Co and IASME Consortium to support the government’s Cyber Essentials Scheme. The scheme is aimed at encouraging...

48% of eCommerce Sites Lose Financial Data to Cyber Criminals by Dan Virgillito

14/09/2014 09:46
When talking about stolen financial information through the web, discussions often focus on banks, insurance companies, and other financial institutions. But new research from Kaspersky Lab...

Home Depot has $105M in cyber insurance for data breach, $10M from AIG: Sources by Judy Greenwald

13/09/2014 16:17
Home Depot Inc. has a total of $105 million in cyber coverage, with American International Group Inc. providing the first layer of $10 million of primary coverage above its self-insured...

What Can Insurers Learn from Home Depot? by Pat Speer

13/09/2014 00:25
The fallout from Home Depot's now confirmed data breach of its payment systems runs wide and deep. After a week-long open speculation by the media, the nation’s largest home improvement company...

To Insure Or Not To Insure: Is Cyber Insurance Worth The Cost? By Christine Kern

12/09/2014 21:32
Cyber insurance is becoming more of an issue for businesses, especially those that deal in very valuable consumer information. This type of insurance coverage can provide a safety net for businesses...

A fast-growing threat to small business: Hackers by Jonathan Berr

10/09/2014 20:44
The cyberthreat against small businesses is mounting as attacks soar. And it's not just large retailers, like Home Depot and Target, getting hacked. Just ask Kevin Stecko, the owner of specialty...
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