Target has revealed that the cost of the cyber attack on its systems in 2013 that led to the theft of millions of customers' credit card details has reached $162m.
The retailer revealed the figure...
Insurers need to boost their security knowledge amidst the growing risk of cyberattacks.
Although Sony seemed to dominate the cyber-security headlines of 2014, it was just one of many corporations...
Social media posts have a huge impact on people. In fact, social media is revolutionizing the way humans communicate. On a daily basis, millions of people use social media for personal and business...
Public Service Announcement
Prepared by the Internet Crime Complaint Center (IC3)
January 22, 2015
Alert Number: I-012215-PSA
BUSINESS E-MAIL COMPROMISE
The...
Smart grids – electrical grids that allow two-way communication between utilities and consumers – represent an exciting frontier in the Internet of Things, with ramifications for energy...
By a News Reporter-Staff News Editor at Bioterrorism Week -- Erik Matson, a Partner with Boyden global executive search in New York, will address an audience of top insurance and...
A lawyer who clicked on an email attachment lost $289,000 to hackers who likely installed a virus that recorded his keystrokes.
The anonymous lawyer, identified only as John from the San Diego area,...
You could almost guarantee that all products at CES this year were connected to the internet.
At the beginning of the year I was one of the 170,000 delegates who attended the Consumer...
As we move closer to a world of self-driving cars, it is important for companies involved in their manufacture to consider cyber insurance policies to provide coverage for the risks...
Cyberattacks are on the rise, and no method is proving more resilient and effective in the United States than "phishing" scams.
Phishing, sometimes called spoofing, is a way to trick someone...
Ever wonder just how hackers bust into systems and cause destruction? One reason is because people are still using weak passwords. While your pet’s name and wedding anniversary dates are easy to...
In honor of Valentine’s Day, let’s celebrate the many ways in which privacy is sexy. Just like Justin Timberlake once encouraged us to "bring sexy back," how can we "bring privacy back" into our...
Optimizing insurance programs to act as a hedge to protect corporate financial objectives enables insurance buyers to deliver insurance programs that are superior in value and efficiency. Using...
In the mid-2000s, U.S. property insurers underwent an intensive effort to analyze their books of business for over-concentration of risks, particularly along the nation’s coastline. Insurers worried...
As a Human Resources professional, I have learned (sometimes painfully) of the need to be “security aware” regarding the data for which I am responsible.
Today’s HR departments house vast...
Cyber risk is no longer just about data breaches and must be addressed as a global concern.
That is the opinion of Graeme Newman, director, CFC Underwriting, speaking at the Cyber Risk Insurance...
Consumers Don't Need to 'Stop Whining About Privacy.' They Need More Transparency.
As someone interacting with privacy professionals on a daily basis, I was struck by this recent column in...
Cyber insurance saw record growth in 2014. In fact, Advisen’s buyer penetration index showed a five-fold increase in cyber insurance purchases from 2006 to 2013, demonstrating that many organizations...
Later this month, Katherine Keefe expects to mark a very significant--and troubling--milestone. Her data breach response team at Beazley Insurance expects to investigate its 2,000th data...
The European cyber insurance market has developed at a slower pace and has not taken off in the way that the U.S. scene has due to a different cultural view toward data privacy and liability, but...