Article archive

City University Of London's Professor George Spanoudakis - Creation, Monitoring And Management Of Cyber Insurance

26/02/2017 09:45
Professor George Spanoudakis, City, University of London Professor of Software Engineering is the principal investigator and technical coordinator on the CyberSure project. The project is combines the strengths of academia and industry towards developing a framework for creating,...

Novae and Oxford University launch Cyber Risk and Compliance white paper

23/02/2017 17:13
Novae has partnered with the Department of Computer Science, University of Oxford, and Saïd Business School to conduct ongoing research. The initial product of this work probes the effectiveness of current defences against cyber-attacks, and the standards set by international bodies which...

New York cyber rules could raise loss exposures for U.S. insurers: Fitch

21/02/2017 11:00
The implementation of the New York Department of Financial Services’ (NYDFS) new cybersecurity regulations has the potential to underscore premium growth in cybersecurity insurance and directors and officers (D&O) insurance, but could also raise loss potential for insurers, Fitch Ratings said...

Hiscox: Cyber security readiness study finds widespread shortcomings

12/02/2017 07:58
International study of 3,000 businesses shows widespread variations in cyber security readiness A study of 3,000 companies in the UK, US and Germany, conducted for specialist insurer Hiscox, reveals that more than half (53%) of businesses in the three countries are ill-prepared to deal with...

Microsoft to Rate Corporate Cybersecurity

11/02/2017 10:34
Hartford Financial says it will use the Office 365 Secure Score when setting cyberinsurance rates Microsoft on Friday will begin grading its commercial customers’ Office 365 security settings in an effort to fortify its software and services that are frequent targets of hackers.   One...

Majority of UK, US firms not ready for cyberattacks – study

09/02/2017 08:53
More studies are exposing the need for brokers to push cyber insurance products to clients and now new research from specialist insurer Hiscox now reveals that the majority of businesses in the UK, US and Germany are ill-prepared for cyberattacks.   The Hiscox Cyber...

Shipping industry vulnerable to cyber attacks and GPS jamming

06/02/2017 06:35
The shipping industry is increasingly at risk from cybersecurity attacks and a gap in insurance policies is leaving them vulnerable, industry experts have told CNBC. Cybersecurity has come into focus across the economy, as hackers become more capable. Meanwhile, ships are more reliant on a...

Report: Beazley breach insights - January 2017

27/01/2017 08:35
Ransomware attacks soar in 2016, projected to double again 2017. Ransomware attacks handled by Beazley more than quadrupled in 2016, with nearly half of these attacks in the healthcare sector, and Beazley projects these attacks will double again in 2017....

How to Improve Privacy as a Component of Your Cyber Governance Program

27/01/2017 08:27
Many businesses are looking to reap the benefits of digital transformation, evolving new services that provide value to and forge closer relationships with partners and customers.   Trust and responsible information management practices are becoming business differentiators as consumers become...

NIST Cybersecurity Guide for Small Businesses

27/01/2017 07:20
Recognizing that 60% of small businesses fail within six months of suffering a data breach, in November 2016, the National Institute of Standards and Technology (“NIST”) issued a cybersecurity guide for small businesses to help keep their sensitive data and computer systems secure, publishing...
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