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What EU cyber security regulations mean for your business by Andrew Rogoyski

10/03/2016 07:40

British boardrooms are sleepwalking into a perfect storm of cyber security risk. While business leaders are comfortable dealing with established forms of risks where they can leverage their experience and understanding, their ability to appreciate IT or cyber security risk is often poor. In a...

Beazley Breach Insights 2016 shows sharp increase in hacking and malware

09/03/2016 11:14

Healthcare, financial services and higher education sectors are particularly vulnerable NEW YORK, March 8, 2016 (GLOBE NEWSWIRE) -- Beazley, a leading provider of data breach response insurance, today released its Beazley Breach Insights 2016 findings based on its response to...

Cambridge Centre for Risk Studies Risk Management Solutions: Cyber Accumulation Risk Management Report

09/03/2016 07:37

Our society is undergoing a profound digital transformation. As critical exposures become data, commerce electronic, and assets interconnected systems, the key personal, business and economic risks are increasingly cyber in nature. Cyber-related insurance, while currently modest, has...

Data breaches often result in CEO firing by Richard Starnes

08/03/2016 06:15

A cautionary tale of how cyber security failures can cost a CEO their job. What are the real world risks of a cyber security breach to CEOs and their company? We will explore the issues of reputational damage, incident cost, stock price impact, and increased regulatory attention. We will...

Hotels: Cyber Insurance & Cyber Security

05/03/2016 04:05

When a guest slips and falls in a hotel lobby, operators know what to do. The laws behind safety liability haven’t changed much over the years, but the same can’t be said for cybersecurity. Nick Economidis, errors & omissions underwriter for risk insurance writer Beazley,...

Report: Boards Aren’t Getting the Cyber security Info They Need by Stephanie Forshee

04/03/2016 10:06

Chief information security officers (CISOs) need to start reporting more meaningful information to their boards, according to a new report from Bay Dynamics and Osterman Research, “Reporting to the Board: Where CISOs and the Board are Missing the Mark.” The survey found that 61 percent of...

Quantifying Risk: Closing the Chasm Between Cybersecurity and Cyber Insurance

04/03/2016 08:16

Cyberattacks may be the biggest risk that global businesses are unprepared for.1 Record numbers of data breaches have driven large organizations to increase spending on security at twice the rate of other information technology during the past several years, according to market-growth studies by...

Verizon Report:Data breach digest. Scenarios from the field.

03/03/2016 10:02

The Verizon RISK Team performs cyber investigations for hundreds of commercial enterprises and government agencies annually across the globe. In 2015, we were retained to investigate more than 500 cybersecurity incidents occurring in over 40 countries. In 2008, the results of our field...

Snapchat Suffers Employee Data Breach after Phishing Attack

01/03/2016 07:35

A phising attack on Friday tricked a payroll department staffer at Snapchat into revealing private information about some current and former employees, the video messaging service said yesterday in an online apology. No internal systems were breached and no information about users was...

New Report Shows How Separate Cyber Polices Can Fill Insurance Gap

28/02/2016 20:48

The coverage of cyber risks by conventional classes of insurance can be patchy, new research by the International Underwriting Association has revealed. A report issued to the association’s members details how some traditional lines of business might provide cover for the...

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