Article archive :: PrivacyRisksAdvisors.com

Navigating a Data Breach With Beazley’s ‘SWAT Team’

22/03/2016 07:38

LONDON—Do you know what to do if your hotel has been hacked? Unfortunately, no company is immune to the problem, as illustrated in recently publicized events involving major hotel chains. Hackers pose a threat to any hotel accepting credit cards or housing company data, but you don’t have to be a...

Fitch: Rapid Growth in Cyber Insurance Would Be Credit-Negative

22/03/2016 07:33

CHICAGO--(BUSINESS WIRE)--Cyber risk insurance is the fastest growing segment in property/casualty insurance with an estimated $3 billion in premiums in 2015 and anticipated to triple in four years. Approximately 50 insurance carriers now offer some form of standalone cyber insurance coverage....

Cyber Insurance: A Guide For Policymakers by Guest Post

22/03/2016 06:24

Washington, D.C. – The market for cyber insurance, a product that did not even exist before the mid-1990s, is booming. A new report from the Bipartisan Policy Center’s insurance task force, Cyber Insurance: A Guide for Policymakers, looks at the need to create a well-functioning market...

Protect Yourself Against Cyber Fraud and Online Identity Theft

20/03/2016 09:05

TORONTO, March 17, 2016 /CNW/ - This Fraud Awareness Month, Insurance Bureau of Canada (IBC) offers its Top 10 tips to protect against cyber fraud and online identity theft. "We all spend a lot of time on the internet, which has made everyday life more convenient. Now...

Cyber Risks and Insurance in the Marine Industry

18/03/2016 06:22

The first wireless radio equipment was used aboard Lightship 70 in 1899.[1] Over the next 115 years, the use of technology in the maritime domain has driven rapid change in the United States Coast Guard’s operating environment — such as the use of portable high frequency direction finding radios to...

Bitdefender: Ransomware. A Victim’s Perspective A study on US and European Internet Users

15/03/2016 16:43

Biological viruses try to adapt to their surroundings to survive. Some fail, but some thrive, even spreading to become an epic epidemic. Cyber-threats are no different. In 2015, ransomware caused $350 million in damage, living up to its reputation as the most significant menace targeting Internet...

Organizations worry about big breaches, insurance gaps and response preparation by Beth Walsh

13/03/2016 12:38

Most data breaches are small and go undetected for a long time, according to a report from Advisen, an insurance analytics firm. When they are detected, most organizations lack the internal resources to handle breach response, putting them at greater risk for costly fines and lawsuits,...

Average Breach Falls Below Cyber Insurance Policy Deductible, Study Shows by Emily Johnson

11/03/2016 11:35

New report shines light on what cyber insurance can and can't do for enterprises that suffer data breaches. A vast majority of breaches fall below cyber insurance policy deductibles, according to a new study conducted by insurance information and analytics company Advisen and commissioned...

Brace for Breaches: Report Finds Cyberthreats to Legal Industry to Grow in 2016 by Ricci Dipshan, Legaltech News

11/03/2016 09:30

The surge in ransomware and spear phishing attacks in 2015 will continue this year with a focus on the legal industry’s sensitive data, according to a report by TruShield The legal industry will increasingly come under siege this year, as cybercriminals eye its data and information and revel...

Why cyber security is so important: 18 real-life hacks & cyber attacks that could disrupt your business by Charlotte Henry

10/03/2016 11:35

List: A look through Verizon's Data Breach Digest and the different cyber scenarios that could threaten your business. Verizon has released an in depth Data Breach Digest, which goes through 18 scenarios it has dealt with in the cyber security field. They could happen to anyone. Here they...

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