Article archive

Cyber insurance market to reach $20bn by 2025: AGCS

09/09/2015 15:30
The standalone cyber insurance market will continue to evolve but development will bring challenges, with many concepts and wordings yet to be tested, potentially resulting in litigation. This is not unusual with new products and can improve risk knowledge.   Education – both in terms of...

What DDoS Attacks Really Cost Businesses - Incapsula’s 2014 DDoS Impact Report

06/09/2015 23:31
Incapsula’s 2014 DDoS Impact Report demonstrates an alarming trend—intrusions are becoming more prevalent, sophisticated and costly – while only 43% of respondents use a purpose-builIncapsula’s 2014 DDoS Impact Report demonstrates an alarming trend—intrusions are becoming more prevalent,...

Cyber Insurance: No longer a want, but a need By Steve Watts

06/09/2015 15:08
Cyber insurance is an important element for companies as it covers the damage and liability caused by a hack, which are usually excluded from traditional liability coverage. Stricter data privacy notification laws, government incentives, cloud adoption and the increase in high-profile hacks and...

Security needed now for the internet of things by Juliana Kenny

05/09/2015 07:06
Ageneral warning has circulated for a few years now, alongside the the growth of the internet of things, that the more devices appear on the market, the more users are at risk for cyber breaches. Indeed, the logic follows: the more end points exist on a network, the more channels through which...

Believing the hype: driverless cars and IoT by Juliana Kenny

05/09/2015 07:00
Research firm Gartner’s annual Hype Cycle looks at emerging technologies, how they burst onto the scene (in terms of impact for both businesses and consumers) and their respective experiences with innovation, inflation, and productive usage. As market perception of its value changes, each...

Experts warn cyber risks could swamp the market by Ida Axling

04/09/2015 07:48
DAC Beachcroft says need for standalone cyber cover could be reinforced. Law firm DAC Beachcroft predicts that changes in regulation will boost cyber insurance policies in 2016.    In its publication Insurance Market Conditions and Trends 2015/16, the company said it expected the...

Law Firms, Data Breaches, and Insurance Coverage: A Curious Trifecta by Mark A. Cohen,

03/09/2015 10:55
Editor’s Note: The author of this post is the founder and CEO of Legal Mosaic, a strategic consulting firm and a regular contributor to Big Law Business. Cybersecurity breaches have become as common as summer sunburns. Cyber attacks have been successfully launched against the Federal...

Free Live Webinar: The Risks and Rewards of Cyber Coverage

02/09/2015 07:34
Understanding the changing Canadian cyber market and how to make it work to your advantage Canadian Underwriter Magazine and IDT911 have partnered to offer a webinar on cyber risk. The Canadian cyber market has changed drastically in the past few years, leaving insurance carriers and brokers...

Phishing is a $3.7-million annual cost for average large company by Maria Korolov

27/08/2015 12:19
The average 10,000-employee company spends $3.7 million a year dealing with phishing attacks The average 10,000-employee company spends $3.7 million a year dealing with phishing attacks, according to a new report from the Ponemon Institute. The report, which surveyed 377 IT professionals in...

The Internet of Things: The Impact on the Travel and Hotel Industry

27/08/2015 10:19
The Internet of Things: The Impact on the Travel and Hotel Industry   The Internet of Things (IoT) is a relatively large topic that is widely circulating around these days, but I think it is very important to point out its practical implementations....
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