Article archive :: PrivacyRisksAdvisors.com

How Hackers Make Money from DDoS Attacks

23/10/2016 22:11

Attacks like Friday’s are often financially motivated. Yesterday’s attack on the internet domain directory Dyn, which took major sites like Twitter and Paypal offline, was historic in scale. But the motivation for the attack may seem opaque, since no valuable information seems to...

Capgemini: blockchain-based smart contracts ‘mean big cost-savings’ for insurers and consumers

23/10/2016 09:30

The average consumer could save over $500 in insurance and banking fees because of new ‘smart contracts’ based on blockchain technology, says Capgemini. A report by Capgemini’s Digital Transformation Institute explains that ‘smart contracts’ work similarly to standard written contracts in...

Broker community remains “far behind” in cyber

22/10/2016 19:12

Global businesses spent more than $2 billion on cyber insurance in 2014 - an already impressive figure that could multiply by three to five times through 2020, according to estimates from insurance broker Marsh & McLennan. But the broker community is not particularly poised to take advantage of...

Lloyd's Market Innovation Awards Nominees

21/10/2016 06:19

The Awards are a celebration of the unrivalled talent and expertise that exists in the Lloyd’s Insurance Market, showcasing the excellent work the market is doing every day to innovate in an ever-changing global risk landscape. Here are the nominees for the six...

Report: 2016 Annual NetDiligence Cyber Claims Study

19/10/2016 11:02

The annual NetDiligence® Cyber Claims Study uses actual cyber liability insurance reported claims to illuminate the real costs of incidents from an insurer’s perspective. Our objective for this study is to help risk management professionals and insurance underwriters understand the true impact of...

Demand for cyber insurance on the rise, joint Swiss Re/ IBM study shows

16/10/2016 05:59

Following several high-profile cyber security breaches over recent years, a growing number of corporations perceive cyber as a high risk. Swiss Re therefore expects the demand for cyber insurance to rise. These are the findings of a joint study Swiss Re and the IBM Institute for Business Value...

Nothing seemed out of the ordinary by Nicholas Economidis

15/10/2016 10:15

Nothing seemed out of the ordinary The email looked familiar, and the request to transfer funds was a little out of the ordinary, but not that different from the normal course of business. Except, the email only lookedfamiliar and the transfer request was actually criminal and now the...

82% of global and IT business pros are concerned about GDPR compliance

14/10/2016 11:35

New global research from Dell reveals the lack of awareness among SMBs and large enterprises of the requirements of the EU's GDPR, going into effect in under two years Eighty two percent of global and IT business professionals responsible for data security at both SMBs and enterprises are...

The danger within: internal risks increasing, claims new PwC report

12/10/2016 06:23

Amid a complex and constantly changing risk landscape, internal cyber attacks are an increasing threat that can damage a company’s profits and reputation, according to PwC’s ‘Global State of Information Security Survey’, published this week. Indeed, a multitude of data is lost each day in...

Preparing for GDPR

11/10/2016 06:26

As IT moves towards mobile and cloud-based services, data will get spread more widely across the organisation. This shift from central IT to more ‘edge computing’ represents a big challenge when it comes to protecting data and meeting the requirements of GDPR. Preparing for this shift can help...

Article archive