News

Beazley breach insights October 2018 - Ransomware attacks surge and ransom demands rise

03/11/2018 11:36
  In recent months, Beazley Breach Response (BBR) Services has seen the number of reported ransomware incidents climb again. The varieties of ransomware and the differing technical abilities of...

CNIL Publishes Statistical Review of Data Breaches Since Entry into Application of GDPR

30/10/2018 07:33
Recently, the French Data Protection Authority (the “CNIL”) published a statistical review of personal data breaches during the first four months of the EU General Data Protection Regulation’s...

90 million users affected by latest Facebook security breach

08/10/2018 07:32
On Tuesday, 25 September Facebook was dealt its most massive security breach that sent shockwaves worldwide. 50 million of its users’ accounts had been left compromised, including that of its CEO...

Shipping : 3 pillars of cyber defence strategies

03/10/2018 19:15
It is worrying to see the shipping news talk about cyber attacks and failed defences, especially when the industry has had several 'wake-up calls'. But once the media stops reporting on cybersecurity...

The state of affairs: is shipping still unprepared for cyberattacks?

01/10/2018 07:44
Recently, a team of breakers at ethical hacking firm Pen Test Partners proved there are several ways to break into a ship's navigation system and potentially cause a major incident. So, after all the...

Global Privacy Handbook 2018

30/09/2018 08:43
Innovation Driving Digital Transformation and Preparing for GDPR Baker McKenzie is pleased to provide you with complimentary access to the 2018 edition of our Global Privacy and Information...

Knowbe4: Ransomware Hostage Rescue Manual

28/08/2018 10:59
This manual is packed with actionable info that you need to prevent infections, and what to do when you are hit with ransomware. You will also receive a Ransomware Attack Response...

Knowbe4: CEO Fraud Prevention Manual

28/08/2018 10:53
CEO fraud has ruined the careers of many executives and loyal employees. Don’t be one of them. CEO fraud has victimized more than 22,000 organizations and is responsible for over $3...

Advancing Accumulation Risk Management in Cyber Insurance

18/08/2018 20:28
  Although cyber risk premiums have expanded sizeably in recent years and loss ratios compared favourably relative to other product lines, sustainable growth of the cyber insurance market...

How to sell cyber to small business owners

13/08/2018 07:44
There is a very large untapped market for selling cyber insurance to small businesses. How can brokers best approach small business owners to offer them cyber coverage? A recent 2018 study of...

EIOPA Report "Understanding Cyber Insurance - A Structured Dialogue with Insurance Companies"

06/08/2018 11:24
Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its report "Understanding Cyber Insurance - A Structured Dialogue with Insurance Companies" (EIOPA Understanding...

Unleashing the Potential of the Cyber Insurance Market

16/07/2018 22:56
Cyber insurance has huge potential but the cyber insurance market remains frustratingly immature and is not keeping pace with threats and technology. Whereas many businesses have property insurance,...

Financial sector vulnerable to cyber attacks, could cost $100B a year: IMF report

24/06/2018 08:42
The International Monetary Fund--or IMF--says average annual potential losses from cyber-attacks could be close to 9% of banks’ net income globally, or around $100B. In a severe scenario...

CFC launches cyber insurance guide for brokers at BIBA 2018

17/06/2018 14:24
Specialist insurance provider behind BIBA’s cyber insurance scheme, CFC, will be launching its new BIBA Cyber Guide at BIBA 2018. While one of the most talked about topics in business insurance,...

Cyber Claims Case Study: The importance of cover for data re-creation

17/06/2018 14:22
Cyber risk often touches companies in unexpected ways. In May 2017, an engineering firm learned this when it lost access every last piece of data it held. This included all of the firm’s technical...

The Blockchain GDPR Puzzle: An Expert Weighs In

12/06/2018 07:14
It’s no wonder when you bring two massive technology shifts together experts in each area rush to weigh in at the intersection. Akshay Sharma, Principal Analyst for the boutique advisory firm...

Free E-Book Demystifying Cyber Insurance: For data breach and more: 5 Steps to the Right Coverage

20/05/2018 20:15
Today’s cyber risks come in all shapes and sizes, from disclosure of protected information due to hacking or employee negligence, through network shutdown or impairment, regulatory violations, and...

Are GDPR fines insurable in the countries where you operate?

18/05/2018 08:27
The potential financial impact of the General data Protection Regulation (GDPR) has generated concern across organizations globally. It is important for you to be aware of how the insurability of...

What can maritime insurers learn from cyber liability insurers?

11/05/2018 07:37
I first got involved in cyber liability insurance back in 2011. An underwriter contacted me for some advice around a new ‘cyber’ thing that they were planning to launch and had seen me speak at a...

Governing Cyber Risk: A Guide for Company Boards

27/04/2018 07:03
Boards are facing the challenge of having to innovate to keep up with evolving digital technology and ensuring their firms are resilient to new cyber threats.   There has been a lot of...
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