Article archive

Data Breaches Are Making People Hate Your Brand

08/11/2014 07:08
“It’ll blow over” is not a very good mantra for the retail industry. It seems like we can’t go a few weeks without news of a new data breach. The most recent came by way of Staples, which announced earlier this week that it was looking into a possible flaw in protecting customer credit...

Insurance Covers $27M of Home Depot’s Breach Recovery Costs By Nick Turner

07/11/2014 18:23
Home Depot Inc., which suffered a data breach between April and September, said 53 million e-mail addresses were taken by hackers during the attack, in addition to the 56 million payment cards that were previously disclosed. Home Depot also said that the criminals used a third- party vendor’s user...

European Union Versus United States Approaches to Cyber-Security

05/11/2014 04:56
The thing about electronic data is that it is not subject to traditional geographical boundaries.  Policyholders must navigate a patch work of regulations that often significantly differ from jurisdiction to jurisdiction.  Two of the largest producers of consumer data are the United...

Will the Internet of Things shrink the insurance industry? by Lynn Kesterson-Townes

05/11/2014 04:47
The Internet of Things (IoT) will rapidly become a HUGE challenge for insurers. The total market for wearable wireless devices in sports and healthcare will grow to 169.5 million devices in 2017, up from 20.77 million in 2011, a CAGR of 41% over six years. By next year, it is expected 1 trillion...

Insurance, Innovation & the Internet of Things by Mark Breading

04/11/2014 20:24
What we've seen with vehicle telematics is just the tip of the iceberg. Imagine the same types of implications (and more) for every tangible item that the industry insures.   The Internet of Things is a hot topic these days. In the eyes of a few P&C insurance leaders, it is more than...

Most orgs unprepared to handle a cyber incident

04/11/2014 07:34
In the latest quarter, Solutionary SERT performed a broad analysis of the threat landscape, including information on the Shellshock and Aftershock vulnerabilities present in Bash.  This quarter's Security Engineering Research Team (SERT) Quarterly Threat Intelligence Report reveals that more...

Cyber attacks will get much worse, experts believe

04/11/2014 07:01
Cyber attacks might be taking a toll now, but a survey of experts says things are likely to get even worse over the next decade. A majority of cybersecurity experts surveyed in a poll see a likelihood of major damage from a cyber attack in the coming years. From the 1600 experts polled, 61 per cent...

What to consider when Buying Cyber by Roberta Anderson

01/11/2014 18:03
Summary: The devil is in the details. There are inconsistencies in the coverage provided, and minor variations can have significant impact. No industry or organization, wherever situated and whatever the size, is immune to the threat of cyberattack, and the impact can be catastrophic, both...

The number one reason producers can't sell cyber by Brent Harrison

01/11/2014 06:06
Considering many businesses are not even aware when they have been a victim of a cyber-attack, it comes as little surprise the biggest challenge to selling these policies is consumer education. A new survey of insurance professionals found that 40% of carriers offering cyber insurance say...

Cyber Attacks on U.S. Companies in 2014 by Riley Walters

28/10/2014 06:51
The spate of recent data breaches at big-name companies such as JPMorgan Chase, Home Depot, and Target raises questions about the effectiveness of the private sector’s information security. According to FBI Director James Comey, “There are two kinds of big companies in the United States. There are...
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