There’s been a myriad of articles outlining the benefits of cyber liability insurance following the well-publicized data breaches of Target, P.F. Chang’s, JPMorgan Chase, eBay, Home Depot and...
According to Chris Collins (R-NY), Chairman of the House Small Business Subcommittee on Health and Technology, nearly 20 percent of cyber attacks are carried out against small businesses...
CISOs and cyber security leaders have long struggled to gain a voice in the boardroom. Shut out of leadership meetings and strategic decision-making, IT security has often been seen as little more...
A Turkish hacking collective claims to have deleted billions in outstanding electric bills, the government claims the group just removed a data backup.
(TheAntiMedia) “RedHack”, a Turkish...
As the pace of cyberattacks increases, asset managers are taking a hard look at their cyber insurance coverage to make sure that it will cover them should they become a target.
Fidelity Investments...
The internet has infiltrated almost every corner of our society, transforming our lives in the process. Over the coming decades, networked innovations will extend this change to the physical world....
The recent spate of payment card breaches that have plagued the retail industry this year has prompted many merchants to consider investing in cybersecurity liability insurance policies to offset the...
A survey has found that cyber attacks and terrorism represent the two biggest emerging risks to the reinsurance industry in 2015.
The survey, by Guy Carpenter & Company in the United States,...
Editor’s Note: We recently launched a graphic illustrating our Cyber Risk Mitigation Services. This week, our attorneys will be writing about specific examples of those services.
Vendor...
Have you heard about cyber insurance ? It is predicted to be the next big thing in insurance coverage. In the aftermath of the Home...
The global banking conglomerate, HSBC’s Turkey operations were hacked today. As per the announcement by the bank, customer data including confidential banking information of nearly 2.7 HSBC Turkey...
(Reuters) - HSBC Turkey said on Wednesday cyber criminals had stolen the credit card information of 2.7 million customers in Turkey and that additional security measures to monitor...
The threat from cyber risks – especially loss of data or hacker attacks – is increasing rapidly in Germany too. Experts assume that more than half of all companies have fallen victims...
Germany has been witnessing developments in its cyber insurance market following the introduction of new cyber insurance policies by three major insurers in 2013, Versicherungsbote.de...
Wearable technology issues relating to the potential qualification of such products as a medical devices have become popular on the press following the presentation of the first...
In 2020, 25 Billion Connected "Things" Will Be in Use
Analysts to Explore the Disruptive Impact of IoT on Business at the Gartner Symposium/ITxpo 2014, November 9-13 in Barcelona, Spain
Gartner, Inc....
The Internet of Things (IoT) is likely to be the next big thing, a disruptive technological step that will change the way in which we live and work, perhaps as fundamentally as the ‘traditional’...
In Part 1 of this piece I summarised the key points from the recent Article 29 Working Party (WP29) Opinion on the Internet of Things (IoT), which are largely reflected in the...
Mobile apps and social media only represent a small portion of the digital revolution and its influence on the insurance industry. A bigger piece of the equation—and one that’s much more ambiguous...
Providers of cyber insurance policies can help businesses to improve the way they address cyber risks and respond to security breaches, the UK government has said.
The government has outlined...