Cyber insurance has a long reputation as a privacy liability product for businesses that hold sensitive data – but privacy exposure isn’t the only risk facing businesses today. In fact,...
Targeting of IT vendors by cybercriminals contributed to a 37% increase in reported ransomware incidents in the third quarter of 2019 compared to the previous three months.
In fact, of...
The Inaugural Oil & Gas Pipeline Leakage Detection Congress Is The First Of Its Kind Initiative Exploring Practical Applications Of The Latest Technologies, Techniques...
In today's cyber threat environment, being prepared for an incident is an absolute must. After all, as even the most tenured cybersecurity experts will tell you, it's no longer about if an...
Cyberattacks are viewed by business leaders as the number one risk in advanced economies for the second year in a row, according to the latest World Economic Forum executive opinion survey. This...
The annual NetDiligence® Cyber Claims Study uses actual cyber liability insurance reported claims to illuminate the real costs of incidents from an insurer’s perspective.Our objective for this study...
Zurich Insurance has released the ninth annual Advisen cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key...
Almost 80% of large U.S. maritime industry companies (more than 400 employees) reported that cyberattackers targeted their companies within the past year, according to a maritime cybersecurity survey...
American International Group said it is finalizing a transition to affirmative cyber coverage across its global commercial lines.
As of January 2020, AIG said that virtually all of its commercial...
This Guide aims to draw attention to the importance of planning how to manage a cyber security incident ahead of time.
Cyber security incident management is not a linear...
Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast...
PWC was challenged for the unlawful processing of their employees' data
The Greek Data Protection Authority issued a fine of € 150,000 against PWC under the GDPR for unlawful processing of the...
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims...
CyberOwl has engaged with over 50 shipping owners, operators and equipment manufacturers in the last 12 months. More is being done on vessel cyber-physical security than is publicly evident....
Cybersecurity issues are increasingly becoming a concern in mergers and acquisitions, a new survey shows, and lapses can jeopardize deals or haunt purchasers long after the deal is done.
Of more than...
Every day, more than 50,000 merchant ships cross the oceans with millions of cargo containers in tow, signalling the need for fast and efficient communications aboard vessels, and between land and...
Ransomware attacks skyrocket, Q1 2019
Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which...
During the 2019 SAFETY4SEA London Conference, Mr. Chronis Kapalidis, Cyber Expert, Hudson Analytix, talked about cyber threats in shipping. He noted that cyber attacks are becoming more...
Last year, we responded to over 1,000 cyber claims comprised of theft of funds, data breaches, ransomware & extortion, malware and more.
Here are some of...
Near about 70% of senior maritime sector administrators in the US believe, the sector is prepared to respond to cyber attacks, whereas half of that number believes their own businesses are ready....