News

CFC:Cyber risk heat map

25/10/2019 16:30
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,...

Beazley breach insights - Ransomware incidents jump in Q3 MSPs and their small business clients are targeted

25/10/2019 16:27
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...

Oil & Gas Pipeline Leakage Detection Congress January 29-30, 2020 | Houston, TX

22/10/2019 19:23
    The Inaugural Oil & Gas Pipeline Leakage Detection Congress Is The First Of Its Kind Initiative Exploring Practical Applications Of The Latest Technologies, Techniques...

The importance of communications during a cyber incident

20/10/2019 09:08
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...

Report - MMC Cyber Handbook 2020

20/10/2019 09:00
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...

NetDiligence 2019 Cyber Claims Study

10/10/2019 08:03
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...

Cyber-related business interruption now a top concern of risk managers - Information Security & Cyber Risk Management Report

04/10/2019 15:30
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...

Most large maritime companies have been cyberattack targets, survey says

15/09/2019 08:25
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...

AIG Will Finalize Transition to Affirmative Cyber Coverage in January 2020

11/09/2019 07:17
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...

Cyber Security Incident Response Guide

14/08/2019 10:42
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...

Cyber, cyber everywhere. Is your cyber strategy everywhere too?

10/08/2019 23:53
Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast...

The Greek Data Protection Authority issues a GDPR fine against PWC

03/08/2019 09:12
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...

Cyber Claims: GDPR and business email compromise drive greater frequencies

25/07/2019 08:08
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...

5 cybersecurity lessons shipping should learn from other industries

10/07/2019 22:15
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....

Cyber Risks Are Jeopardizing M&A Deals

29/06/2019 12:10
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...

A sea change in connectivity

27/06/2019 07:08
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...

Beazley breach insights - May 2019

25/05/2019 07:47
Ransomware attacks skyrocket, Q1 2019     Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which...

Chronis Kapalidis: Cyber Security challenges for the shipping industry

08/05/2019 10:19
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...

CFC 2018 cyber claims data

11/04/2019 07:49
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...

Maritime Cyber security survey results

06/04/2019 10:49
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....
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