News

Target takes $162m hit from cyber attack data breach by Dan Worth

28/02/2015 17:42
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...

Cyber-Security In Insurance: 7 Things To Know by Kelly Sheridan

27/02/2015 06:42
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 Posted: February 14, 2015 Social Media Posts Can Be Covered By Insurance Policies

27/02/2015 06:39
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...

Alert ."Business Email Compromise" (BEC)

24/02/2015 19:33
Public Service Announcement Prepared by the Internet Crime Complaint Center (IC3) January 22, 2015  Alert Number: I-012215-PSA   BUSINESS E-MAIL COMPROMISE The...

Privacy Issues in Smart Electrical Grids: Another Internet of Things Problem by Jeremy Meisinger

22/02/2015 08:34
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...

Boyden's Erik Matson to Speak at 2015 Cyber Risk Insights Conference in London

21/02/2015 15:18
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...

Lawyer who clicked on attachment loses $289K in hacker scam by Debra Cassens Weiss

20/02/2015 06:41
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,...

The opportunities and threats of the Internet of Things by Azita Esmaili

19/02/2015 10:03
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...

With Self-Driving Vehicles on the Forefront, Companies Should Consider Cyber Insurance Coverage Options by Natalie A. Baughman

18/02/2015 13:05
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...

'Phishing' scams: 5 things to know by Elise Viebeck

18/02/2015 11:25
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...

10 Tips to Secure Passwords by Robert Siciliano

15/02/2015 07:23
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...

Privacy is Sexy

15/02/2015 07:10
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...

Case Study: Using Insurance to Protect Corporate Financial Objectives by Phil Ellis

15/02/2015 07:04
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...

Diversifying for a storm of cyber aggregation By Erin Ayers

13/02/2015 13:32
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...

Data Breaches and Security in Human Resources by: Ani Khachatoorian

13/02/2015 10:01
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 is no longer just about data breaches

11/02/2015 14:38
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...

Marketers, Please Tell Me You've Got a Better Plan for Privacy by Sam Pfeifle

08/02/2015 12:07
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...

3 Ways Cyber Insurance Will Improve Security Performance by Ira Scharf

07/02/2015 16:23
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...

The cyber insurance cleanup crew: A look inside a data breach response team by David Weldon

07/02/2015 16:15
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...

European cyber market developing with different focus than U.S. by Erin Ayers

06/02/2015 14:10
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...
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