Article archive

The European General Data Protection Regulation. A guide for the insurance industry

25/04/2016 07:13
Data protection will need to be on the boardroom agenda.   This is a milestone moment in the world of data protection law.  On 15 December 2015,  after 3 years of detailed discussions, political agreement was reached between the European Commission, EU Parliament and the...

CNIL: Privacy Impact Assessments

24/04/2016 11:45
New guides for carrying out PIAs (Privacy Impact Assessments) have been published by the CNIL. The method will help data controllers to implement Privacy by design. From good practice to a real compliance approach Article 34 of the French Data Protection Act provides that data controllers shall...

Insurers are "vulnerable" to cyber attacks, the International Association of Insurance Supervisors (IAIS) has warned.

20/04/2016 12:34
The IAIS, whose members are insurance market regulators based across the globe, said insurers face potential loss of confidential data, disruption of operations and reputational loss as a result of cyber risks. "The insurance sector is vulnerable to cyber incidents," the IAIS said...

Is Your Organization Compromise Ready?

19/04/2016 07:08
  The trends from last year’s inaugural BakerHostetler Data Security Incident Response Report and this year’s edition drive one primary recommendation— the continued need for companies to be “Compromise Ready.”  Every company should be constantly focused on preventing, detecting, and...

GDPR: A new data protection landscape

17/04/2016 18:55
  After over three years of discussion at many levels, the new EU data protection framework has finally been agreed. It takes the form of a Regulation – the General Data Protection Regulation.    The GDPR will replace the current Directive and will be directly applicable in all...

What You Should Start Doing Today to Prepare for GDPR and Privacy Shield

17/04/2016 18:50
GDPR will apply to almost all organizations who monitor or process the personal data of European citizens, without any regard to the physical location of the processor or controller. Although the penalties for non-compliance with GDPR will not be enforced until mid-2018, organizations that collect...

Most firms admit they are not insured for data security breaches by Antony Savvas

17/04/2016 13:21
  This is despite the fact the cyber insurance market is expected to reach $7.5bn by the end of the decade Less than half (41 percent) of firms are fully insured for both security breaches and data loss, and only a third have dedicated cybersecurity...

Data protection reform - Parliament approves new rules fit for the digital era

14/04/2016 22:58
New EU data protection rules which aim to give citizens back control of their personal data and create a high, uniform level of data protection across the EU fit for the digital era was given their final approval by MEPs on Thursday. The reform also sets minimum standards on use of data for...

Business continuity in the age of ever evolving ransomware

09/04/2016 19:01
Ransomware are a growing threat to business operations and reputation. In this article Peter Godden explains how business continuity and disaster recovery technologies can help to provide protection against such attacks. Every day seems to bring with it news of another ransomware attack or a new...

Target’s Cyber Insurance: A $100 Million Policy vs. $300 Million (So Far) In Costs

09/04/2016 12:41
When it comes to buying cyber insurance, businesses can take comfort that they have mitigated the financial risks that come with a data breach.  Just not all of them. Target Corporation’s high-profile hack is a case in point.  In a securities filing last week, Target said costs...
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