
FOCUS: UK courts are likely to see an increasing number of disputes over the extent to which insurers are liable for the cost of cyber incidents and data breaches suffered by businesses where those...
Aggregation of exposures could cause problems as claims mount
Insurers are keeping an eye on their risk aggregations when it comes to cyber coverage. Experts say underwriters are concerned about...
Expanding capacity, robust London market give buyers more options
The cyber insurance market is generally buyer-friendly with competitive rates and plentiful capacity as new insurers enter the...
As cyber incidents become more frequent and sophisticated, there is a greater need for firms to protect themselves against cybercrimes, according to Marsh.
The global brokerage has predicted...
Over the past few years, cyber insurancemarkets have been growing at between 25-50 percent CAGR each year. According to The Betterley Report 2015, annual policy premiums are...
Criminal liability of hackers and other online criminals has been part of UK law since the Computer Misuse Act 1990. At the global level, various jurisdictions have existing digital-crime related...
Cyber attacks are a case of when, not if, for most businesses.
Cyber Insurance and security is set to become a requirement for any UK firm that uses computers,...
Christine Marciano, CIPP/US
Data Privacy/Cyber Risk Insurance Specialist
Long gone are the days of bank robbers tunneling their way into bank...
As a result of Europe’s General Data Protection Regulation (GDPR) in 2016, revenue from encryption products and managed services will to grow most quickly
ENGLEWOOD, Colo. (May 11, 2016) –...
Introduction
Ever since the European Commission’s proposal for the GDPR back in January 2012, ‘Accountability’ has formed the backbone of the draft Regulation through its legislative...
Many UK companies lack formal cyber security policies and a plan to manage incidents when they occur, according to newly published research commissioned by the UK government.
The Cyber Security...
Chubb’s relatively new cyberbullying endorsement on its homeowners coverage was created largely due to the influence of its insurance agents, the company said recently.
Christie Alderman, a Chubb...
Data protection laws in Europe are more important than ever before individuals are becoming more and more sensitive about privacy, data protection breaches are daily headline news, and the...
AMMITEC, the Association of the Maritime Managers in Information Technology and Communictions have released a new set of Cyber Security Guidelines which have been developed as a means of...
Health care services are complex and require many different entities to have access to patients’ medical data. Consider a simple office visit: in addition to the physician who sees the patient, it...
Many businesses, especially in Europe, fully understand the cyber risk they face, but have yet to implement solid plans to address it, including declining to buy cyber insurance, according to a new...
The impending publication of the EU General Data Protection Regulation (‘the Regulation’) means that the role of the Data Protection Officer will at long last be given a Pan-European legislative...
More and more, the conversation surrounding business interruption (BI) is moving from the physical aspect of BI to the information technology side of things, attendees to the NetDiligence Cyber...
(Reuters) — The website of the Central Bank of Cyprus briefly came under cyber attack, days after a hacking collective said it conducted a similar attack on the Greek central bank’s site.
The central...
Europe is taking the lead in redefining data protection laws and that's not surprising given that attitudes to data and privacy run very deep in certain European countries for historical and cultural...