Biological viruses try to adapt to their surroundings to survive. Some fail, but some thrive, even spreading to become an epic epidemic. Cyber-threats are no different. In 2015, ransomware caused...
Most data breaches are small and go undetected for a long time, according to a report from Advisen, an insurance analytics firm. When they are detected, most organizations lack the internal...
New report shines light on what cyber insurance can and can't do for enterprises that suffer data breaches.
A vast majority of breaches fall below cyber insurance policy deductibles,...
The surge in ransomware and spear phishing attacks in 2015 will continue this year with a focus on the legal industry’s sensitive data, according to a report by TruShield
The legal industry...
List: A look through Verizon's Data Breach Digest and the different cyber scenarios that could threaten your business.
Verizon has released an in depth Data Breach Digest, which goes through...
British boardrooms are sleepwalking into a perfect storm of cyber security risk. While business leaders are comfortable dealing with established forms of risks where they can leverage their...
Healthcare, financial services and higher education sectors are particularly vulnerable
NEW YORK, March 8, 2016 (GLOBE NEWSWIRE) -- Beazley, a leading provider of data breach...
Our society is undergoing a profound digital transformation. As critical exposures become data, commerce electronic, and assets interconnected systems, the key personal, business and...
A cautionary tale of how cyber security failures can cost a CEO their job.
What are the real world risks of a cyber security breach to CEOs and their company? We will explore the issues of...
When a guest slips and falls in a hotel lobby, operators know what to do. The laws behind safety liability haven’t changed much over the years, but the same can’t be said for...
Chief information security officers (CISOs) need to start reporting more meaningful information to their boards, according to a new report from Bay Dynamics and Osterman Research, “Reporting to the...
Cyberattacks may be the biggest risk that global businesses are unprepared for.1 Record numbers of data breaches have driven large organizations to increase spending on security at twice the rate of...
The Verizon RISK Team performs cyber investigations for hundreds of commercial enterprises and government agencies annually across the globe. In 2015, we were retained to investigate more than 500...
A phising attack on Friday tricked a payroll department staffer at Snapchat into revealing private information about some current and former employees, the video messaging service said...
The coverage of cyber risks by conventional classes of insurance can be patchy, new research by the International Underwriting Association has revealed.
A report issued to the...
The rush by companies eager to incorporate the Internet of Things in their operations could introduce potential cybersecurity threats, according to a study released Monday.
Eight-five percent of...
Receiving an extortion letter instructing to “pay us in bitcoins or your site will suffer a distributed denial-of-service (DDoS) attack” has become almost commonplace in the last two years. They say...
A Southern California hospital's computers have been restored after it paid a $17,000 ransom in bitcoins to hackers who infiltrated and disabled its network. The gambit isn't new, but it appears to...
With cyber attacks growing increasingly frequent and complex, cybersecurity strategies are shifting: while prevention is still important, it is more about prevailing. Cyber resilience supports...
Experts offer their opinions on important due diligence tasks when procuring cyber insurance.
With analysts projecting the cyber insurance market to heat up in the coming year, it's clear there are a...