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EU regulators seek to mandate accountability

20/07/2016 15:07

In the race to compete in today’s digital world, organizations are using social, mobile, big data and analytics, and the Internet of Things (IoT) to gather as much information on their customers as possible, while simultaneously trying to do everything possible to protect their organizations from...

Allianz sees cyber premiums as fire insurance of 21st century

14/07/2016 09:25

The growing threat of hacking and a duty to protect data more stringently will accelerate demand for cyber insurance in Europe, insurer Allianz said on Wednesday, as it launched its first product aimed at Germany's small-to-medium-sized manufacturers. Cyber insurance has been slow to take...

Does your organisation need to appoint a Data Protection Officer?

14/07/2016 09:21

Whether you are a public or private organisation you need to consider whether you are required to appoint a Data Protection Officer (DPO) or whether compliance with the EU General Data Protection Regulation (“Regulation”) necessitates the appointment of a DPO. Who needs a DPO? The current view is...

Confusion over cyber insurance leads to coverage gaps by Clint Bulton

09/07/2016 12:08

Cyber insurance may be a booming business thanks to the high-profile breaches, but the market for such policies is a complicated, say experts from SANS Institute, Advisen and PivotPoint. Assessing damage after a major cybersecurity breach is one of the most harrowing things a CIO or CISO can...

Insurers ready for European cyber boom

09/07/2016 12:04

New regulations set to be introduced in Europe will boost demand for cyber insurance, and insurers which have already been operating in this space on the other side of the Atlantic look best placed to truly capitalise. Intelligent Insurer reports. The looming introduction of new data breach...

EU GDPR: What businesses really need to know

09/07/2016 12:02

On 14th April 2016, the European Parliament voted to pass ‘The regulation on the protection of individuals with regard to the processing of personal data and the free movement of such data’ or, as it is more commonly known, EU General Data Protection Regulation (GDPR). Following the publishing of...

CRO Forum Concept Paper on a proposed categorisation methodology for cyber risk. Download the Report

05/07/2016 17:48

The continuing evolution of cyber risk The increasing concern around cyber risk continues to dominate discussions in nearly all forums across industries and public sectors. This takes the form of discussions around data protection, network and system security, digital innovation and...

Do you know how much your company’s data is worth?

05/07/2016 15:28

Businesses know the data they hold on their networks is valuable, they just don’t know how valuable. Some have taken no action to determine the value of their data, as well. The information was released by security consultant firm IRM. In its Risky Business Report, the company says 28...

Hacked university touts cyber insurance after $15,000 ransomware attack

04/07/2016 22:07

Cyber insurance didn’t keep the University of Calgary from recently paying roughly $15,000 after being hit by hackers, but a college official said other schools should consider buying coverage after seeing first-hand how costly a cyberattack can be. After school computers...

Everything Online Is Connected, Now There’s A Growing Need For Cyber Insurance

04/07/2016 22:03

Cyber insurance has been around for almost a decade, but only now is a popular safeguard against hackers. Almost every industry, from agriculture to healthcare, is using online data for its services. The so-called “Internet of Things” (IoT) — the network connectivity of everyday...

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