News

Majority of UK, US firms not ready for cyberattacks – study

09/02/2017 08:53
More studies are exposing the need for brokers to push cyber insurance products to clients and now new research from specialist insurer Hiscox now reveals that the majority of businesses in...

Shipping industry vulnerable to cyber attacks and GPS jamming

06/02/2017 06:35
The shipping industry is increasingly at risk from cybersecurity attacks and a gap in insurance policies is leaving them vulnerable, industry experts have told CNBC. Cybersecurity has come...

Report: Beazley breach insights - January 2017

27/01/2017 08:35
Ransomware attacks soar in 2016, projected to double again 2017. Ransomware attacks handled by Beazley more than quadrupled in 2016, with nearly half of...

How to Improve Privacy as a Component of Your Cyber Governance Program

27/01/2017 08:27
Many businesses are looking to reap the benefits of digital transformation, evolving new services that provide value to and forge closer relationships with partners and customers.   Trust and...

NIST Cybersecurity Guide for Small Businesses

27/01/2017 07:20
Recognizing that 60% of small businesses fail within six months of suffering a data breach, in November 2016, the National Institute of Standards and Technology (“NIST”) issued a cybersecurity guide...

Cyber Insurance: Coming of Age in 2017?

19/01/2017 10:53
2016 was definitely the year of cyber insurance emergence. As large-scale attacks and disclosures of massive data-breaches were reoccurring along the year, we realized once again that...

How much cyberinsurance is enough?

19/01/2017 04:37
How a top security manager feels about cyberinsurance often may have a lot to do with the type of company he or she works for. Take Jim Motes, vice president for information security at Kohler, the...

A New In-Depth Analysis of Anthem Breach

18/01/2017 10:54
Seven state insurance commissioners, in a new report on their investigation into the massive cyberattack against health insurer Anthem Inc. in February 2015, offer a detailed...

Smart Shopping for Cyber Security Coverage: How to Avoid Huge Insurance Premiums

18/01/2017 07:54
FICO’s Doug Clare shares advice on what a company needs to do before applying for cyber insurance, to make sure they get the best rate.   With well-publicised security breaches driving news...

Adding business value with cyber- insurance

17/01/2017 07:13
With more countries embarking on Smart Nation projects, the number of connected devices and volume of data will only increase. This means that cybercriminals now have an almost infinite number of...

EY Report : Cyber strategy for insurers

15/01/2017 21:57
Innovative, global technologies are disrupting the traditional infrastructure of the insurance industry. Mobile, digital, analytics and payment platforms are accelerating rapidly. The evolution is so...

Insurance gaps leave shipping exposed to growing cyber threats

15/01/2017 08:40
Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through...

Top 3 privacy predictions for 2017

15/01/2017 08:20
2016 left us with a “brand new” EU General Data Protection Regulation (GDPR). But as soon as 2016 came to an end, we – lawyers – started looking for what is coming next in the data protection world....

Article 29 Working Party issues guidance on data portability, DPOs and lead supervisory authorities

11/01/2017 07:49
In February 2016, as part of its action plan of activities for the implementation of the General Data Protection Regulation ("GDPR"), the Article 29 Working Party ("A29WP") promised to publish...

£150,000 fine for insurance company that failed to keep customers’ information safe

10/01/2017 14:18
  The ICO has fined Royal & Sun Alliance Insurance PLC (RSA) £150,000 following the loss of the personal information of nearly 60,000 customers. An ICO investigation looked at...

Stroz Friedberg’s 2017 Cybersecurity Predictions Report

08/01/2017 22:28
Last year, we shared a graphical commentary detailing our top six predictions for 2016. This year, with cybersecurity firmly entrenched as one of the most consequential issues impacting international...

Making UK directors personally liable for data privacy breaches

06/01/2017 18:53
Among the proposals for the U.K.’s new Digital Economy Bill  (the Bill), due to become law next spring, is one under which company directors would become personally liable for payment...

UK SMEs will face a growing cyber threat in 2017

04/01/2017 14:32
Only 9 per cent of UK SMEs have insurance in place to protect from a cyber threat despite the fact that more than one quarter (28 per cent) said they would go bust if faced with an...

Trend Micro Report Forecasts Rise of Ransomware & Email Compromise Attacks in 2017

31/12/2016 19:32
A new Trend Micro report lists cybersecurity predictions in 2017 that will influence the movement of the threat landscape such as a rise in ransomware and email compromise...

Cyber in '17: What insurance professionals should expect by Erin Ayers, Advisen

23/12/2016 19:29
2016 may well be the year that cybersecurity truly came to the attention of the world. Hacked emails, multiple massive data breaches, the proliferation of ransomware, and the grim specter of cyber...
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