Article archive

For Most Firms, IT Security Training Is Minimal At Best

30/08/2016 10:07
Despite the constant media attention to security breaches and data theft, few companies are investing heavily in IT security training.   That is the finding of a new study by Shred-It and Ipsos, which looked at information security training programs. The study found 78 percent of U.S. small...

This New Free Tool Assesses Cybersecurity Readiness for Small and Medium-Size Businesses

28/08/2016 13:36
    You can now take advantage of a simple and free tool that will help you determine how mature your company's cybersecurity operations are. You can now take advantage of a simple and free tool that will help you determine how mature your company's cybersecurity operations...

How to boost your cyber insurance business

27/08/2016 21:10
Brokers looking to develop their business in the cyber insurance market need to focus on educating themselves and clients as the insurance industry continues grapple with the booming cyber market. Kevin Kalinich, global cyber risk practice leader for Aon Risk Solutions told Insurance...

Fitch: U.S. Cyber Insurance Premiums Total $1B Per New Supplemental Filing

25/08/2016 09:42
Aggregating the cybersecurity statutory supplement data for the U.S. property/casualty (P/C) insurance industry finds that approximately 120 insurance groups reported writing cyber coverage in 2015 totaling approximately $1 billion in direct written premiums volume. Fitch analyzed cyber insurance...

Cost of a Breach: Forensics and Notification

20/08/2016 17:16
Continuing our Cost of a Breach series that examines and breaks down the cost of a hospital data breach, this week’s post will take a closer look at the first two steps a hospital or healthcare institution must take after a data breach has occurred: forensics and notification. In the aftermath of a...

Seven hidden costs of a cyberattack - Deloitte CFO Insights

19/08/2016 07:46
In this issue of CFO Insights, we focus on seven costs that are not so apparent and why it is important to include them in calculating the total cost of a cyberattack.   There are many ways a cyberattack can affect—and cost—an organization, and the...

Cyber coverage varies widely as insurers readjust risk appetite

18/08/2016 13:49
Cyber insurance is a fast-developing business in America, but because the segment is still relatively new, insurers are having trouble determining exactly what type of risks they are willing to cover. A feature on CSO Online sought to identify the potential gaps in cyber insurance and...

Global cybersecurity market to grow from US$122.45 billion to US$202.36 billion by 2021: report

12/08/2016 08:14
The global cybersecurity market is set to grow from US$122.45 billion in 2016 to US$202.36 billion by 2021 at a compound annual growth rate (CAGR) of 10.6%, according to a recent report from Research and Markets. The Cyber Security Market – Global Forecast to 2021 report from the Dublin,...

VCIA: Cyber attacks on the rise

12/08/2016 08:12
More than half, 51 percent, of captive professional have experienced a cyber attack within the last five years, it was revealed during a cyber panel at the Vermont Captive Insurance Association conference.   Session participants were also asked if their organisation has any type of cyber...

5 ways to get ready for new data protection rules

12/08/2016 08:07
It is time to start planning for the new General Data Protection Regulation (GDPR), which is due to be implemented into national law by 2018. Truro lawyer, Kirsty McAuley of the corporate and commercial team at Coodes Solicitors, gives her top five tips to get your business ready. Review how you...
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