In the wake of recent mega data breaches, it comes as no surprise that companies are working harder than ever to prepare for an inevitable data breach incident. Enterprises of all shapes and...
As European authorities aim to ratify revised data protection legislation by the end of 2015, many firms will have a lot of work to do to comply, a study has revealed.
If all goes according...
Looking at application forms for cyber insurance suggests four basic steps that can reduce exposure to data breaches.
As we approach the close of 2014, virtually no one needs to be reminded...
Major retailers should expect higher rates and retentions and lower coverage limits for their cyber insurance following several major data breaches since spring 2013, but much depends on persuading...
The Ponemon Institute released the 2014 results from their second annual survey on data breach preparedness sponsored by Experian on Wednesday, and some of the trends were...
The growth of the Internet of Things brought the attention of the European data protection regulators that through the European data protection advisory body, the Article 29 Working Party, issued...
With data breaches making headlines the world over, awareness about the importance of having technologies and governance practices in place to respond to such incidents should be at an alltime...
If major technology companies decide “flex their corporate muscles” in the insurance sector, it could change the playing field for everyone involved, KMPG has warned.The industry is already fighting...
The risk of data breach may not be on the radar screen of an entity engaged in contract negotiations with vendors who, in the course of their work, will have access to or possession of the entity’s...
EU financial regulator the European Insurance and Occupational Pensions Authority (Eiopa) has called on continental regulators to check that insurers and other financial institutions devote...
The Massive & Ever-Increasing Risk
2014 has seen one massive data breach after another, affecting industries and organizations of every type. One recent report indicated an Eastern European...
Retail giant Target got an unusual amount of air time over the holiday season last year. Unfortunately for them, it was not due to their engaging commercials. Their positive consumer appeal was...
Employee errors at the root of most data breaches, but breaches caused by malware or spyware prove more costly
San Francisco, 18 September 2014
Beazley, the pioneer in breach response...
Data breach – those two words stir fear in most people. According to Privacy Rights Clearinghouse, more than 864 million personal records have been breached in the U.S. since 2005. With...
AIG has launched a cyber product for SMEs in conjunction with broker Sutcliffe & Co and IASME Consortium to support the government’s Cyber Essentials Scheme.
The scheme is aimed at encouraging...
When talking about stolen financial information through the web, discussions often focus on banks, insurance companies, and other financial institutions.
But new research from Kaspersky Lab...
Home Depot Inc. has a total of $105 million in cyber coverage, with American International Group Inc. providing the first layer of $10 million of primary coverage above its self-insured...
The fallout from Home Depot's now confirmed data breach of its payment systems runs wide and deep. After a week-long open speculation by the media, the nation’s largest home improvement company...
Cyber insurance is becoming more of an issue for businesses, especially those that deal in very valuable consumer information. This type of insurance coverage can provide a safety net for businesses...
The cyberthreat against small businesses is mounting as attacks soar. And it's not just large retailers, like Home Depot and Target, getting hacked. Just ask Kevin Stecko, the owner of specialty...