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Beazley’s 2018 Breach Briefing reveals the rapidly-changing cyber risk landscape - Download the report

21/02/2018 07:44

New York, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Cyber extortion, payroll diversion phishing attacks and fraudulent wire instruction are among the growing threats to business highlighted in the 2018 Breach Briefing, a report published today by specialist insurer Beazley. The trends described in the...

European Union’s General Data Protection Regulation (GDPR) To-Do List

20/02/2018 07:26

1. Prepare a data map, which is a report on what personal data the company processes throughout its organization, where that data flows throughout the organization, where it is stored, who within the organization is responsible for it, what it is used for, and with whom is it shared. This includes...

CEA Report: The Cost of Malicious Cyber Activity to the U.S. Economy

17/02/2018 22:18

Today, the Council of Economic Advisers (CEA) released a report detailing the economic costs of malicious cyber activity on the U.S. economy. Please see below for the executive summary and read the full report here. This report examines the substantial economic costs that malicious cyber...

Is cyber risk a D&O risk?

02/02/2018 09:47

By Kevin Kalinich, Global Practice Leader – Cyber Insurance, Jacqueline Waters, Management Liability Legal & Claims Practice Leader and Chris Rafferty, US Sales & Growth Strategies Leader, Management Liability – Aon Risk Solutions For years, insurance industry pundits...

Tokio Marine Kiln Taps Jomaa from CFC as Cyber Underwriter

02/02/2018 09:18

Tokio Marine Kiln (TMK), the London-based provider of specialist and corporate insurance, has appointed Alex Jomaa as cyber underwriter. He takes up the role immediately and will report to Laila Khudairi, head of enterprise risk in London. Jomaa joins from CFC Underwriting where he was cyber...

European Cyber Losses 2011 – 2017

29/01/2018 11:55

European cyber losses have affected organizations across Europe in recent years. 2017 was a particularly busy year as the region faced a series of cyber incidents including the Wannacry and NotPetya, and the Macron campaign hack. In 2018, the region will see the implementation of new cyber and data...

Only 1/3 of startups are GDPR-compliant, study finds

27/01/2018 08:14

A Mailjet study of 4,000 companies shows an average GDPR-readiness score of 4.1 out of 10. A study by global email provider Mailjet shows that although 91 percent of startups say they’re collecting personal data, nearly two-thirds aren’t compliant with the General Data Protection Regulation (GDPR),...

Deloitte: The Role of the Data Protection Officer

23/01/2018 07:57

Key points of the recent ODPC guidance and the Article 29 Working Group guidance The Article 29 Working Party (WP29) adopted guidance on the role of the Data Protection Officer (DPO) under the new General Data Protection Regulation (GDPR) last April 2017. In Ireland, the Office of the Data...

Nearly 80% of consumers would end brand relationship over unauthorized data usage

20/01/2018 06:42

SAP study reflects people are selective about what data they'll share and why As we approach implementation of the General Data Protection Regulation (GDPR) in Europe and brace for its repercussions in the US, privacy is on the minds of many brands and marketers. A new survey from SAP Hybris finds...

Brokers: are you aware of the retroactive conundrum in cyber policies?

18/01/2018 04:27

Cybersecurity threats are emerging at a rapid pace and existing threats are intensifying tenfold. It’s a fast-growing insurance market worldwide, with many trying to get to grips with how to mitigate cyber risk and deal with the emerging risks that are starting to collate the intangible with the...

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