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NetDiligence 2019 Cyber Claims Study

10/10/2019 08:03

The annual NetDiligence® Cyber Claims Study uses actual cyber liability insurance reported claims to illuminate the real costs of incidents from an insurer’s perspective.Our objective for this study is to help risk management professionals and insurance underwriters understand the true impact of...

Cyber-related business interruption now a top concern of risk managers - Information Security & Cyber Risk Management Report

04/10/2019 15:30

Zurich Insurance has released the ninth annual Advisen cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key finding of the 2019 survey is that business interruptions due to cyber events are a top concern....

Most large maritime companies have been cyberattack targets, survey says

15/09/2019 08:25

Almost 80% of large U.S. maritime industry companies (more than 400 employees) reported that cyberattackers targeted their companies within the past year, according to a maritime cybersecurity survey released today.The inaugural Maritime Cybersecurity Survey from New Orleans-based Jones...

AIG Will Finalize Transition to Affirmative Cyber Coverage in January 2020

11/09/2019 07:17

American International Group said it is finalizing a transition to affirmative cyber coverage across its global commercial lines. As of January 2020, AIG said that virtually all of its commercial property and casualty insurance policies will begin affirmatively covering or excluding physical and...

Cyber Security Incident Response Guide

14/08/2019 10:42

This Guide aims to draw attention to the importance of planning how to manage a cyber security incident ahead of time. Cyber security incident management is not a linear process; it's a cycle that consists of a preparation phase, an incident detection phase and a phase of incident...

Cyber, cyber everywhere. Is your cyber strategy everywhere too?

10/08/2019 23:53

Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast is now contingent on a well-orchestrated cyber program. IN the 21st century, the connective...

The Greek Data Protection Authority issues a GDPR fine against PWC

03/08/2019 09:12

PWC was challenged for the unlawful processing of their employees' data The Greek Data Protection Authority issued a fine of € 150,000 against PWC under the GDPR for unlawful processing of the personal data of its employees. As part of LawBytes, Tommaso Ricci provides the summary...

Cyber Claims: GDPR and business email compromise drive greater frequencies

25/07/2019 08:08

Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims statistics. Nearly a quarter of reported incidents in 2018 were due to business email compromise (BEC), up...

5 cybersecurity lessons shipping should learn from other industries

10/07/2019 22:15

CyberOwl has engaged with over 50 shipping owners, operators and equipment manufacturers in the last 12 months. More is being done on vessel cyber-physical security than is publicly evident. While different strategies and priorities are being applied, there are some clear common challenges....

Cyber Risks Are Jeopardizing M&A Deals

29/06/2019 12:10

Cybersecurity issues are increasingly becoming a concern in mergers and acquisitions, a new survey shows, and lapses can jeopardize deals or haunt purchasers long after the deal is done. Of more than 2,700 information technology and business decision makers surveyed by Forescout Technologies Inc....

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