For several years the insurance industry has talked about a pending surge in cyber insurance sales. And while cyber insurance appears to be trending up some say that “surge” has yet to come.
That may...
Businesses large and small that accept credit cards in the United States are facing a harsh reality when it comes to fraud liability. In October 2015, most all major credit card companies will shift...
Survey shows that most businesses are not fully compliant and feel guidelines to achieve compliance are unclear.
‘One-third of organisations in France, Germany and UK do not fully understand the...
Even business intelligence firms can learn a thing or two about doing business in the digital era. Just ask Bowman & Partners, a Roanoke, Texas-based startup that mines a wealth of brand and...
An attacker could mimic a BMW server and remotely unlock a car.
A security vulnerability in BMW's Connected Drive system allowed researchers to imitate BMW servers and send remote unlocking...
A leading UK lawyer has said that cyber-insurance can play a part in a business cyber-security strategy, so long as the risks are understood.
UK lawyer warns of cyber-insurance loopholes
In a...
The European Union has indicated that the widely-awaited General Data Protection Regulation (GDPR) will come to fruition before the end of the year.
The European Commission
In a...
The increasing incidents of cybercrime is sparking European executives’ interest in insurance policies that cover the fallout from hacking, officials at insurance firms say in Europe say.
Demand for...
The November attack on Sony Pictures Entertainment drew around-the-clock media attention, but far from Hollywood's studio lights is a growing legal debate in the starchy insurance industry about...
According to a recent survey conducted by Hanover Research and sponsored by ISO, 40% of companies don’t think they need cyber coverage and 29% believe they’re already covered under existing...
Loyaltybuild's managing director confirmed yesterday that a "very sophisticated cyber attack" cost the firm millions of euro in lost revenues in 2013.
Richard Hadfield was commenting on new accounts...
Time for car companies to team up with Apple, Google and Samsung on in-vehicle interface tech
In just five years, most cars and trucks will be connected to the Internet, according to a report...
PARIS (AP) — Hackers have targeted about 19,000 French websites since a rampage by Islamic extremists left 20 dead last week, a top French cyberdefense official said Thursday as the president tried...
BMW says “NO THANKS” to the 3rd parties who ask to share the connected car data that the car maker collects from its drivers.
In the North American International Auto Show (NAIAS) this...
The role of the board of directors has shifted as information technology (IT) systems consume critical processes and data and encounter more risk. Traditionally, the board manages financial risks...
Demand for cybersecurity insurance is booming as a string of high-profile hacks and data breaches spurs explosive growth in what has suddenly become a $2 billion industry.
The recent cyberattack on...
Organisations need to start assuming they will be hacked, and responding accordingly.
In 2011 the government claimed that cyber crime costs the UK economy £27 billion a year. It’s doing serious...
The Sony Pictures cyber attack of seven weeks ago represented a game-changer in the recent string of data breaches that have plagued high-profile companies like Target, Home Depot and Dairy Queen....
~ This article is co-authored by Binod Jha, Global Product Manager for Insurance Solutions at SAS, and Amol Kokane, Senior Development Manager for Insurance & Risk Management Solutions...
Objections from the UK could delay implementation of a new data protection bill until 2016
New data privacy law could be delayed until 2016
Europe's long-awaited new data protection law - which...