Article archive

Threat from hackers brings rush for extra insurance - Telegraph by John Ficenec

08/07/2014 07:35
Premiums expected to pass $2bn this year as cyber attacks on businesses increase The world’s leading insurance market has reported a sharp increase in companies seeking insurance cover from hackers stealing customer data and cyber terrorists shutting down websites to demand a ransom. Geoff...

How will your Business Respond to a Cyber Attack Ransom Demand? Answer: Cyber Extortion Insurance by Christine Marcianno

04/07/2014 23:13
  With DDoS attacks surging and no signs of slowing down, all organizations should be concerned with these types of attacks, and should prepare a mitigation plan before such an attack strikes them.  Ransom demands are becoming more common with DDoS attacks.  Today’s DDoS attacks are...

Lessons Learned from 1,000 Data Breaches…and Counting by Mike Donovan

02/07/2014 23:56
Companies are primarily focused on protections, when instead they should be considering what to do after the systems are breached. Do you know your enemy? Are you fighting the wrong war? Despite everything you’re read about cyber security, despite all the breaches in the news, the fact is...

Why cyber-insurance will be the next big thing by Mary Thomson

02/07/2014 22:53
Earlier this year, New York City-based staffing agency Clarity bought cyber-insurance for the first time. This spring it added more coverage. "We were actually hearing about it from our clients," said Elizabeth Wade, Clarity's operations manager. "They were asking us about...

It’s time to add cyber insurance to your cyber security strategy.

19/06/2014 18:46
Digital information is fundamental to businesses; it’s at the core of what they do and allows them to operate effectively. Without this digital information, businesses would not be able to foster a commercial advantage allowing them to outperform and outgrow competitors, and become more efficient...

The Problem With Cyber Insurance by IRA Scharf

18/06/2014 09:31
Insurers have yet to develop an evidence-based method to assess a company's cyber risk profile. This has resulted in high premiums, low coverage, and broad exclusions.   Cyber insurance is one of the fastest growing segments in the insurance industry. With the tremendous increase in data...

Hackers blackmail Domino's Pizza. By Dylan Love

17/06/2014 12:48
A group called Rex Mundi is threatening to release stolen customer account information unless it gets $41,000. By Dylan Love, Business Insider   A hacker group called Rex Mundi blackmailed the French and Belgian operations of Domino's Pizza (DPZ -0.50%)...

The $10 Million Deductible - By Josephine Wolff

13/06/2014 14:33
Do you still shop at Target? There’s been controversy over how much of an impact the massive breach of 40 million credit and debit card numbers in late 2013 had on the company’s shareholders and customers. And that controversy speaks to a larger cybersecurity problem plaguing industry...

Open SSL insecurity - can cyber insurance fill the gaps?

13/06/2014 07:40
Experts argue the need for response over detection - with a large side order of insurance to counter the Open SSL insecurity issue. Open SSL insecurity - can cyber insurance fill the gaps? The rolling saga of OpenSSL vulnerabilities - which kicked off with the Heartbleed problem back in early...

Target Data Breach: A Lesson in Crisis Communication by ThinkResults Marketing

06/06/2014 11:10
  The recent data breach by Target, the second largest in retail history, offers some very important lessons in how to do and hownot to do crisis communication. Let’s review the message that was issued December 20, 2013, a day after the massive data breach that affected 40 million...
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