Article archive

5 Tips for Clients to Consider When Buying Cyber Liability by David Lewison

22/11/2014 07:21
There’s been a myriad of articles outlining the benefits of cyber liability insurance following the well-publicized data breaches of Target, P.F. Chang’s, JPMorgan Chase, eBay, Home Depot and hundreds of other organizations. While most people know that cyber liability insurance pays for claims...

How to reduce your risk of a cyber security breach by Lisa Kahn Grossman,

21/11/2014 08:07
According to Chris Collins (R-NY), Chairman of the House Small Business Subcommittee on Health and Technology, nearly 20 percent of cyber attacks are carried out against small businesses with fewer than 250 employees. Yet, small business owners are often lulled into a false sense of...

Does cyber insurance help the CISO get a seat in the boardroom? by Ira Scharf

21/11/2014 07:35
CISOs and cyber security leaders have long struggled to gain a voice in the boardroom. Shut out of leadership meetings and strategic decision-making, IT security has often been seen as little more than a compliance-driven, check-the-box initiative that requires minimal continuous effort to...

Turkish Hackers Say They Deleted $670 Billion In Electricity Bills by John Vibes

21/11/2014 07:22
A Turkish hacking collective claims to have deleted billions in outstanding electric bills, the government claims the group just removed a data backup. (TheAntiMedia) “RedHack”, a Turkish Hacking collective, cracked the code for the state utility company’s database, and deleted roughly $670...

Online Threats Drive Cyber Insurance Need by Suleman Din

19/11/2014 07:41
As the pace of cyberattacks increases, asset managers are taking a hard look at their cyber insurance coverage to make sure that it will cover them should they become a target. Fidelity Investments was among 13 firms attacked by hackers earlier this October. Though Fidelity suffered no data losses,...

Mapping the Future: The Future of the Internet

19/11/2014 04:58
The internet has infiltrated almost every corner of our society, transforming our lives in the process. Over the coming decades, networked innovations will extend this change to the physical world. But as we become ever-more reliant upon online tools and services, who should protect and regulate...

Is cyber insurance your last line of defense? by Jeffrey Man

18/11/2014 20:32
The recent spate of payment card breaches that have plagued the retail industry this year has prompted many merchants to consider investing in cybersecurity liability insurance policies to offset the costs associated with a breach recovery. These companies often make this choice based on the belief...

Survey reveals biggest emerging risks of 2015 by Jordan Lynn

17/11/2014 06:59
A survey has found that cyber attacks and terrorism represent the two biggest emerging risks to the reinsurance industry in 2015. The survey, by Guy Carpenter & Company in the United States, found that 40% of those polled ranked cyber attacks as the most threatening emerging risk of 2015,...

Vendor Contract Review And Cyber Risk Mitigation: How To Keep It Drama Free by Tanya Forsheit

16/11/2014 07:05
Editor’s Note: We recently launched a graphic illustrating our Cyber Risk Mitigation Services. This week, our attorneys will be writing about specific examples of those services. Vendor contract review—what does that mean to you? Does it bring back bad memories? A last minute scramble to...

Governments Eager to Help Market for Cyber Insurance Develop by Alexander Suarez

16/11/2014 07:00
Have you heard about cyber insurance ?  It is predicted to be the next big thing  in insurance coverage.  In the aftermath of the Home Depot and Target  data breaches, it’s easy to see why companies doing business over the internet might...
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