Article archive

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...

ADVISER: Cybersecurity tips for every business

07/08/2016 16:59
Every business is, almost by definition, unique. Each faces its own specific risks, including information security risks. Nevertheless, we have found 13 common principles at the heart of any enterprise’s information security profile. The order is not necessarily important, but a comprehensive...

Q&A: Threat awareness is driving cyber insurance market

28/07/2016 11:28
As cyber security has become an ever-more prominent issue, businesses have started to realise that, in the modern business landscape, cyber insurance is a necessity rather than an optional extra. With that in mind, we spoke to Geoff White from Lloyd’s of London about the growing cyber...

Specializing in Success

26/07/2016 07:46
The most talked-about exposure in today’s emerging risk landscape is cyber liability – but according to Richard Robin, it’s been on NAS Insurance’s radar for almost two decades. “We’ve been playing a role in cyber liability since 1998,” he says. So how does Robin think brokers can better assist...

Cyber Insurance for Law Firms

25/07/2016 07:21
Recent news stories focus on cyber attacks against large corporations, but about 30 percent of the victims of cyber crime are small businesses according to a report by Symantec(tinyurl.com/pfm5ogh). Large and small law firms have been the victims of cyber...

Beazley: Hackers target smaller financial institutions

21/07/2016 15:04
Hackers are training their sights increasingly on smaller financial institutions and their valuable client financial data. That does not mean that other businesses are no longer targets.    During the first half of 2016, Beazley Breach Response (BBR) Services managed 955 data...
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