Article archive

Internet of Things reviewed by EU data protection watchdogs by Giulio Corragio

27/09/2014 09:23
The growth of the Internet of Things brought the attention of the European data protection regulators that through the European data protection advisory body, the Article 29 Working Party, issued an opinion on the Internet of Things providing specific recommendations.I have already...

2014 Ponemon 2nd Annual Study on Data Breach Preparedness

27/09/2014 06:37
  With data breaches making headlines the world over, awareness about the importance of having technologies and governance practices in place to respond to such incidents should be at an alltime high. In this study sponsored by Experian® Data Breach Resolution, Ponemon surveyed 567 executives...

Major technology companies ‘could flex muscles’ in insurance

26/09/2014 06:46
If major technology companies decide “flex their corporate muscles” in the insurance sector, it could change the playing field for everyone involved, KMPG has warned.The industry is already fighting off competition from online direct insurers, aggregators, white-labelled products and...

Don't Be the Next Headline; Key Contractual Provisions to Reduce the Risk of Vendor-Related Data Breaches by Judy Selby

23/09/2014 07:04
The risk of data breach may not be on the radar screen of an entity engaged in contract negotiations with vendors who, in the course of their work, will have access to or possession of the entity’s confidential data. But addressing data breach concerns before the contract is signed --when the...

Eiopa issues cyber warning

23/09/2014 06:48
EU financial regulator the European Insurance and Occupational Pensions Authority (Eiopa) has called on continental regulators to check that insurers and other financial institutions devote sufficient resources to protect against growing IT risks. In its latest report on risks and vulnerabilities...

10 Tips For Enhancing Insurance Recoveries For Cyber Claims by Joshua Gold

23/09/2014 06:41
The Massive & Ever-Increasing Risk 2014 has seen one massive data breach after another, affecting industries and organizations of every type. One recent report indicated an Eastern European cyber-crime gang by itself has hacked 1.2 billion username and password combinations. Another report...

Retail Data Breaches Rock The Cyber Insurance Market

21/09/2014 19:52
Retail giant Target got an unusual amount of air time over the holiday season last year. Unfortunately for them, it was not due to their engaging commercials. Their positive consumer appeal was damaged by a massive security breach that stole payment card and customer sensitive personal information...

Beazley announces findings from analysis of 1,500 data breaches

18/09/2014 19:30
Employee errors at the root of most data breaches, but breaches caused by malware or spyware prove more costly   San Francisco, 18 September 2014 Beazley, the pioneer in breach response insurance, today announced findings from an analysis of more than 1,500 data breaches at the International...

After the data breach: Now what? by Patricia Harman

18/09/2014 19:23
Data breach – those two words stir fear in most people. According to Privacy Rights Clearinghouse, more than 864 million personal records have been breached in the U.S. since 2005. With approximately 40% of the people in the world online, the number of breaches will only increase. So it’s...

AIG offers SME protection against "hacktivists" with new cyber product by Caitlin Morrison

17/09/2014 07:52
AIG has launched a cyber product for SMEs in conjunction with broker Sutcliffe & Co and IASME Consortium to support the government’s Cyber Essentials Scheme. The scheme is aimed at encouraging all businesses to build cyber security into their companies by focusing on five critical security...
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