Article archive

Is 2015 the Year for Cyber? by Andrea Wells

05/02/2015 07:18
For several years the insurance industry has talked about a pending surge in cyber insurance sales. And while cyber insurance appears to be trending up some say that “surge” has yet to come. That may not be the case for the year 2015, according to property/casualty insurance executives. According...

Payment card industry is shifting liability to merchants

04/02/2015 10:38
Businesses large and small that accept credit cards in the United States are facing a harsh reality when it comes to fraud liability. In October 2015, most all major credit card companies will shift liability for data breaches and fraudulent purchasing onto businesses that have failed to adopt...

Most organisations are still unprepared for new EU data and security laws – report by Ben Rossi

02/02/2015 12:32
Survey shows that most businesses are not fully compliant and feel guidelines to achieve compliance are unclear. ‘One-third of organisations in France, Germany and UK do not fully understand the impact of the new EU data and security legislation’ . Many organisations in Europe are still unprepared...

Better Safe Than Sorry: How Startups are Staying Protected in Cyberspace by Jason Ankeny

02/02/2015 07:40
Even business intelligence firms can learn a thing or two about doing business in the digital era. Just ask Bowman & Partners, a Roanoke, Texas-based startup that mines a wealth of brand and consumer data to create customer management strategies and marketing initiatives for clients that...

BMW cars found vulnerable in Connected Drive hack by Martyn Williams

31/01/2015 06:09
An attacker could mimic a BMW server and remotely unlock a car. A security vulnerability in BMW's Connected Drive system allowed researchers to imitate BMW servers and send remote unlocking instructions to vehicles. The problem was discovered by the Allgemeiner Deutscher Automobil-Club(ADAC),...

UK lawyer warns of cyber-insurance loopholes by Doug Drinkwater

30/01/2015 07:17
A leading UK lawyer has said that cyber-insurance can play a part in a business cyber-security strategy, so long as the risks are understood. UK lawyer warns of cyber-insurance loopholes In a presentation at the inaugural Cyber Security Start-up conference in London on Wednesday,...

New EU data protection law to arrive in 2015 by Doug Drinkwater

30/01/2015 07:14
The European Union has indicated that the widely-awaited General Data Protection Regulation (GDPR) will come to fruition before the end of the year. The European Commission In a lengthy blog post issued yesterday, which was the ninth European Data Protection Day, vice president...

Cyber Insurance Demand Said Rising in Europe by Friendrich Geiger

28/01/2015 13:29
The increasing incidents of cybercrime is sparking European executives’ interest in insurance policies that cover the fallout from hacking, officials at insurance firms say in Europe say. Demand for such protection is rising, said Jens Krickhahn, a cyber-risk expert at German...

When Terrorists Attack Online, Is Cyber-Insurance Enough? by Matthew Sturdevantr

26/01/2015 21:27
The November attack on Sony Pictures Entertainment drew around-the-clock media attention, but far from Hollywood's studio lights is a growing legal debate in the starchy insurance industry about whether most cyber-policies cover such a breach. The U.S. government blames North Korea for the attack...

How the Cloud is Transforming Cyber Liability by Jacquelyn Connelly

24/01/2015 17:03
According to a recent survey conducted by Hanover Research and sponsored by ISO, 40% of companies don’t think they need cyber coverage and 29% believe they’re already covered under existing policies. They’re wrong. “We spent the last year hearing about giant corporations being hacked into—Target,...
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