News

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...

WH Official: Cyber Coverage will be a basic Insurance Policy by 2020

10/09/2014 20:38
By 2020, private firms will be buying cybersecurity insurance when they sign up for product liability coverage and other basic policies, a top White House cyber official said Monday. There isn't a...

PII as Currency by Sam Pfeifle

09/09/2014 05:46
It’s sort of sickening to indulge in yet more creation of copy in regard to the great celebrity nude photo leak. Surely, just about everything that needs to be said about this 100-car-pileup of a...

Millennials Want a Future Which Includes Privacy by Alexandra Ross

09/09/2014 05:34
You may think of the Millennials as the oversharing generation, but contrary to their unabashed seflies and promiscuous use of social platforms, they’re not entirely comfortable living in a...

Cyber crime costs global economy $445 billion a year: report

08/09/2014 07:06
(Reuters) - Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss...

Small businesses face big cyber-risks by Mark Pribish

07/09/2014 21:54
Is your business prepared for the cost, liability and potential business interruption of a data breach? Your business being hit by ID-theft criminals is a frightening thought, but one you should...

Hack attacks spur calls for cyber insurance by Julian Hutemm

07/09/2014 21:41
Lawmakers have been unable to pass legislation to deal with the stream of hacks at major stores and websites, but the government may be able to do some good by helping out the insurance...

Dell CMO: Customer data 'the single most important asset that we have' by Caroline Fairchild

05/09/2014 21:47
  Just yesterday, the United Parcel Service  UPS 0.41%  became the latest company to fall victim to a customer data breach. The hack only affected customers at...

Car hacking – are one-third of thefts ‘electronic hacks’? by Rob Waugh

05/09/2014 20:46
The UK government is to work with car manufacturers to prevent hackers using electronic means to break into increasingly hi-tech vehicles in Britain, after a spate of ‘car hacking’ in...
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