News

Why cyber-risk insurance is rising rapidly in Ireland by Scott Diamont

05/09/2014 07:10
Cyber crime has almost doubled in recent years, according to a new survey Cyber risk in its various forms is one of the growth areas for the insurance industry. It's no big mystery as to why. Every...

Cyber Liability Insurance Demand Expected to Outstrip Supply by Beth Bacheldor

05/09/2014 06:56
Insurers lack data, tools to price new policies with confidence, according to Novarica report. Corporate interest in cyber liability insurance continues to gain momentum, and could strain an already...

Data Protection – Entering The ‘Post-Regulatory’ Age by Stewart Room

04/09/2014 06:57
The status of the proposed EU General Data Protection Regulation is still up in the air at the moment, but there is a greater sense of optimism around that the reform agenda will complete fairly...

Buying Cyber-Insurance: 5 Tips by Jeffrey Roman,

03/09/2014 05:03
As more organizations consider cyber-insurance coverage in light of high-profile data breaches, such as those at JPMorgan Chase,Community Health...

DEBATE: Insuring against regulatory penalties

01/09/2014 21:08
Pro: Sarah Stephens, head of cyber & commercial E&O at Aon Risk Solutions EMEA  Insurance can and should cover non-criminal privacy-related regulator fines. Most insurers will write into...

Banks lose $US23 million on average from cybercrime by Paresh Dave

01/09/2014 07:12
As the FBI and US Secret Service investigated the scope of recent cyber attacks on US financial institutions, America's largest banks said Thursday that they hadn't seen any unusual fraud activity...

Will the internet eat your brain?

31/08/2014 07:42
Mind Change: How Digital Technologies are Leaving their Mark on our Brains. By Susan Greenfield. Rider; 368 pages; £20. Buy from Amazon.com, Amazon.co.uk   A PICTURE doing...

Cyber Threats Are Greater Than Ever by Christopher Eutaw,

30/08/2014 21:53
Cyber security is hardly a new concept. After all, Symantec Corp.(SYMC ) has been selling its flagship Norton antivirus software for over two decades now. But more recently, cyber security...

Cyber's Surprising Importance for M&A by Judy Selby

30/08/2014 17:36
  Many corporate deals can unwittingly void important cyber coverage. So, it needs to be considered early in any possible deals. Although many people think of cyber insurance when confronted...

How a hacker could cause chaos on city streets by Antone Gonsalves

30/08/2014 10:16
Traffic is chaotic enough in major cities, but imagine how much worse it would be if a criminal hacker got control of the traffic lights. That Hollywood scenario is what researchers at the University...

JPMorgan probes possible cyber attack; other banks reportedly hit by Reuters

29/08/2014 17:14
(Reuters) — JPMorgan Chase & Co. is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning. The...

CYBER SECURITY IS BECOMING A PRIORITY AS NEW VULNERABILITIES ARE REVEALED AND DIGITAL ATTACKS BECOME MORE COMMON

29/08/2014 17:08
Cyber security is gaining more serious attention , especially as new OpenSSL vulnerabilities are announced. Two new vulnerabilities were revealed recently, both of which allow malicious...

Cybercrime and eRetail – Marriage made in eHeaven? by Rob Livingstone

26/08/2014 22:00
The recent hack and subsequent data loss by US retailer Target involved the personal information of at least 70 million customers, including names, phone numbers, email and mailing...

10 Tips For Enhancing Insurance Recoveries For Cyber Claims by Joshua Gold

24/08/2014 16:49
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...

UK cyber insurance spend set to boom

23/08/2014 10:01
UK spending on cyber insurance is set to boom over the next five years as businesses try to offset the potentially disastrous effects of data breaches and hacks. Barbican Insurance underwriting...

Five ways - from telematics redundancy to cyber terrorism - that driverless cars will impact insurers by Jonathan Swift

23/08/2014 09:56
Driverless cars are set to be the biggest disruptive innovation of the early 21st century. With this in mind, senior risk manager Rahul Gumber has compiled a white paper offering his own personal...

Cyber crime: Insurers in the firing line by: Stephen Bonner and Jon Dowie

23/08/2014 09:52
As banks become more sophisticated and effective at defending themselves against attack, the focus of much cyber crime is changing. Increasingly, insurance companies are becoming the target. The...

Cyber Insurance: Variety in cyber by Jacquetta Castle

21/08/2014 18:22
With cyber insurance a relatively new market, issues are arising in various areas – many from the non-standard wordings in policies themselves. Perhaps the most talked about British Insurance Law...

Legal Update: Cyber Essentials - a major step forward for insurers by Nick Gibbons

21/08/2014 18:10
Nick Gibbons explains why the government’s recently launched Cyber Essentials Scheme – aimed at improving protection against cyber attacks – is so significant for the insurance industry. The Cyber...

Should you use cyber insurance to mitigate risk? by William Beer

20/08/2014 17:35
While still a relatively immature industry, cyber insurance can reduce the costs of recovering from a breach, and, as Tony Morbin reports, it can also play a role in driving adoption of best...
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