Article archive

HSBC Turkey hacked and 2.7 million customers credit card data compromised by VIJAY

15/11/2014 08:04
The global banking conglomerate, HSBC’s Turkey operations were hacked today. As per the announcement by the bank, customer data including confidential banking information of nearly 2.7 HSBC Turkey customers may have been compromised. The bank in a statement said that its security team spotted the...

HSBC Turkey says customer credit card data stolen

14/11/2014 21:13
(Reuters) - HSBC Turkey said on Wednesday cyber criminals had stolen the credit card information of 2.7 million customers in Turkey and that additional security measures to monitor transactions had been put in place. In a message to customers on its website, the bank said an attack on its...

Germany: Cyber risk insurance market

13/11/2014 03:59
The threat from cyber risks – especially loss of data or hacker attacks – is increasing rapidly in Germany too. Experts assume that more than half of all companies have fallen victims to hacker attacks. For nearly two years, cyber insurance has also been offered on the...

Germany: Cyber risk insurance market developing as new products launched

13/11/2014 03:43
Germany has been witnessing developments in its cyber insurance market following the introduction of new cyber insurance policies by three major insurers in 2013, Versicherungsbote.de reports. Wurttembergische Versicherung A.G. and AXA S.A. started providing cyber insurance cover in the country...

Your smartwatch is a medical device? by Giulio Coraggio

11/11/2014 20:59
Wearable technology issues relating to the potential qualification of such products as a medical devices have become popular on the press following the presentation of the first smartphone with a heart rate sensor, quickly followed by the smartwatch and the smartbracelet with the same...

Gartner Says 4.9 Billion Connected "Things" Will Be in Use in 2015

11/11/2014 20:55
In 2020, 25 Billion Connected "Things" Will Be in Use Analysts to Explore the Disruptive Impact of IoT on Business at the Gartner Symposium/ITxpo 2014, November 9-13 in Barcelona, Spain Gartner, Inc. forecasts that 4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and...

What does EU regulatory guidance on the Internet of Things mean in practice? Part 1 by Antonis Patrikios

09/11/2014 18:23
The Internet of Things (IoT) is likely to be the next big thing, a disruptive technological step that will change the way in which we live and work, perhaps as fundamentally as the ‘traditional’ Internet did. No surprise then that everyone wants a slice of that pie and that there is a lot of...

What does EU regulatory guidance on the Internet of Things mean in practice? Part 2 by Antonis Patrikios

09/11/2014 18:20
In Part 1 of this piece I summarised the key points from the recent Article 29 Working Party (WP29) Opinion on the Internet of Things (IoT), which are largely reflected in the more recent Mauritius Declaration adopted by the Data Protection and Privacy Commissioners...

The new normal: digital’s growing impact on the insurance industry by Matt Edwards

08/11/2014 11:30
Mobile apps and social media only represent a small portion of the digital revolution and its influence on the insurance industry. A bigger piece of the equation—and one that’s much more ambiguous and concerning to carriers—is the influence and role that digital companies will have across the...

Cyber insurance can help companies manage cyber risks, says UK government

08/11/2014 09:41
Providers of cyber insurance policies can help businesses to improve the way they address cyber risks and respond to security breaches, the UK government has said. The government has outlined its support for growth in the cyber insurance market  (2-page / 145KB PDF) in a new joint...
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