
Our survey offers rare insight into how consumers apportion responsibility for preventing data breaches. The findings show widespread consumer worry around retail data breaches, and a strong belief...
Data security breaches almost always give rise to a risk of reputational damage to the company responsible for controlling and processing the data. From the moment the breach occurs, the media...
You walk into your office on a Saturday morning during tax season to find a staff member waiting for you with sweaty palms and a look of terror on her face. She takes a while to get the words out,...
Summary and implications
The Article 29 Working Party (the Working Party) has issued a new Opinion on personal data breach notification that will have important repercussions for all data controllers...
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market. But their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.
High...
The introduction of cyberinsurance is tempered by the same legacy procedures that have defined insurance since long before cybersecurity existed.
It's a generally accepted truth that change is...
When it comes to cyber security, most CEOs don’t get it. That was the conclusion of a recent survey of IT security professionals on the state of their companies’ defenses against...
Attorney General Eric T. Schneiderman issued a new report examining the growing number, complexity, and costs of data breaches in the New York State.
The report reveals that the number of reported...
Insurance firms need more tools to better gauge risk and appropriately cover businesses for damages sustained during cyber-attacks.
While cyber-insurance could significantly help companies...
We’ve come a long way in the last 20 years. In the mid nineties we were just discovering this wonderful new thing called the internet and the joys of waiting for a dial-up connection to AOL. Now,...
Premiums expected to pass $2bn this year as cyber attacks on businesses increase
The world’s leading insurance market has reported a sharp increase in companies seeking insurance cover from...
With DDoS attacks surging and no signs of slowing down, all organizations should be concerned with these types of attacks, and should prepare a mitigation plan before such an attack strikes...
Companies are primarily focused on protections, when instead they should be considering what to do after the systems are breached.
Do you know your enemy? Are you fighting the wrong war? Despite...
Earlier this year, New York City-based staffing agency Clarity bought cyber-insurance for the first time. This spring it added more coverage.
"We were actually hearing about...
Digital information is fundamental to businesses; it’s at the core of what they do and allows them to operate effectively.
Without this digital information, businesses would not be able to foster a...
Insurers have yet to develop an evidence-based method to assess a company's cyber risk profile. This has resulted in high premiums, low coverage, and broad exclusions.
Cyber insurance is one...
A group called Rex Mundi is threatening to release stolen customer account information unless it gets $41,000.
By Dylan Love, Business Insider
A hacker group called Rex Mundi...
Do you still shop at Target? There’s been controversy over how much of an impact the massive breach of 40 million credit and debit card numbers in late 2013 had on the company’s shareholders...
Experts argue the need for response over detection - with a large side order of insurance to counter the Open SSL insecurity issue.
Open SSL insecurity - can cyber insurance fill the gaps?
The...
The recent data breach by Target, the second largest in retail history, offers some very important lessons in how to do and hownot to do crisis communication.
Let’s review the message...