Article archive

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,...

Cyber attack cost us millions in lost revenues, Irish company reveals

23/01/2015 13:15
Loyaltybuild's managing director confirmed yesterday that a "very sophisticated cyber attack" cost the firm millions of euro in lost revenues in 2013. Richard Hadfield was commenting on new accounts that show that Loyaltybuild's pre-tax profits fell 69pc to €1.3m in 2013 in spite of the company's...

150M passenger cars will be connected to the Internet by 2020 By Lucas Mearian

21/01/2015 08:45
Time for car companies to team up with Apple, Google and Samsung on in-vehicle interface tech In just five years, most cars and trucks will be connected to the Internet, according to a report from Gartner Inc. By 2020, about 150 million vehicles will be connected via Wi-Fi, and 60% to 75% of...

France sees 19,000 cyberattacks since terror rampage by Jamey Keaten and Sylvie Corbet

18/01/2015 22:16
PARIS (AP) — Hackers have targeted about 19,000 French websites since a rampage by Islamic extremists left 20 dead last week, a top French cyberdefense official said Thursday as the president tried to calm the nation's inflamed religious tensions. France is on edge since last week's attacks, which...

BMW declines the request to shares the connected car data to the third parties

17/01/2015 09:47
BMW says “NO THANKS” to the 3rd parties who ask to share the connected car data that the car maker collects from its drivers. In the North American International Auto Show (NAIAS) this year, it is revealed that technology companies and advertisers are putting pressure on car makers to...

The board of directors’ role in information security and privacy by Daimon Geopfert

17/01/2015 07:23
The role of the board of directors has shifted as information technology (IT) systems consume critical processes and data and encounter more risk. Traditionally, the board manages financial risks and business strategy, but its role must expand as IT security and privacy concerns impact those...
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