Article archive

Demand for cyber insurance skyrockets by Cory Bennett

17/01/2015 07:16
Demand for cybersecurity insurance is booming as a string of high-profile hacks and data breaches spurs explosive growth in what has suddenly become a $2 billion industry. The recent cyberattack on Sony Pictures Entertainment, which brought losses and public embarrassment to the company, has only...

So you've been hacked - what now? by Chloe Green

15/01/2015 06:52
Organisations need to start assuming they will be hacked, and responding accordingly. In 2011 the government claimed that cyber crime costs the UK economy £27 billion a year. It’s doing serious damage to both the public and private sectors. CEOs and the rest of the board shouldn’t be asking ‘will...

Here’s how insurance will respond to the Sony cyber hack by Insurance Business

15/01/2015 06:40
The Sony Pictures cyber attack of seven weeks ago represented a game-changer in the recent string of data breaches that have plagued high-profile companies like Target, Home Depot and Dairy Queen. With repercussions ranging from entertainment industry rumors to potential matters of national...

Internet of Things: A game changer for insurance by Binod Jha

11/01/2015 08:46
~ This article is co-authored by Binod Jha, Global Product Manager for Insurance Solutions at SAS, and Amol Kokane, Senior Development Manager for Insurance & Risk Management Solutions at SAS ~ How might insurance policies change if sensor data could be automatically transmitted...

New data privacy law could be delayed until 2016 by Tim Ring

11/01/2015 08:44
Objections from the UK could delay implementation of a new data protection bill until 2016 New data privacy law could be delayed until 2016 Europe's long-awaited new data protection law - which would protect people's privacy but could also cost British businesses millions in fines – may be...

Six Tips For Using The Digital Security As A Marketing Tool by Vijay Web Solutions

10/01/2015 20:43
With the increasing use of the internet for shopping, financial transactions, access to restricted documents and exchanges of confidential information, also raised concern and end-user demand for the safety of these environments. Thus, offer a secure site ceased to be just an obligation of the IT...

Sony Pictures CEO says cyber attack cost covered by insurance

10/01/2015 16:03
LOS ANGELES: Sony Pictures Entertainment chief executive Michael Lynton said the costs from the devastating cyber attack on the Hollywood studio will be completely covered by insurance and will not lead to further cost-cutting. "I would say the cost is far less than anything anybody is...

Cyber security: Net threats rise by James Dunn, Business Journal Staff Reporter

06/01/2015 21:11
Expert: 97% of businesses’ computer systems are hacked. Companies are increasingly vulnerable as Internet security declines. Sony Pictures Entertainment officials in December bowed to cyber attacks and online threats and halted its Christmas Day release of The Interview, a satiric film about...

Privacy Concerns Grow as “Smart Appliances” Provide Voluntary and Involuntary Access to Our Homes by Todd Rowe

06/01/2015 07:49
  We recently took a look at concerns with information gathered by our “smart vehicles.” Recent reports indicate privacy concerns should not be limited to the technology in the vehicle in your driveway. For example, we are now being warned that everything from smart...

A Corporate Counsel’s Guide to Cyber Insurance by Sean Hoar and Sanjay Nangia

04/01/2015 07:35
On an almost daily basis, you are reminded of why you should worry about the security of your company’s data and information systems. Whether it be from headlines in hard copy, broadcast, or online media, your senses have been slammed with one sensational story after another about increasingly...
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