There are two cost elements to consider when it comes to data breaches: the upfront investment to prevent a data breach including technologies, staff time, and other resources and post-breach...
A Russian gang stole an estimated 1.2 billion username/password combinations and, along the way, the criminals also amassed more than 500 million email addresses.
What does the theft mean to credit...
News that Target’s CEO Gregg Steinhafle is stepping down has prompted a flurry of reports from media outlets trying to recap events since the company announced a data breach on Dec. 19,...
Target, still feeling the pain from a huge data breach last year, said in a security filing on Tuesday that costs associated with the episode reached $148 million in the second quarter.
The company...
A local restaurant chain confirmed Friday that its computer systems were breached, putting the credit-card information of thousands of customers at risk, including visitors who attended two major...
It is possible that your current restaurant insurance coverage has not kept pace with the rapidly evolving world of cyber liability. Cyber liability for restaurants is an area of risk that restaurant...
Security awareness among your employees is your first line of defense against a data breach. Protect your business by following these 8 tips.
Imagine if every IT security manager had the budget,...
The leveraging of data as a competitive asset is quickly becoming the difference between success and failure for companies operating within the same vertical. The writing is definitely on the wall...
Every company is a data company, the only difference is some “get it” and some don’t.
Companies that ignore the wave of data they have access to are in for a rude awakening in the coming years....
Companies are increasingly vulnerable to incoming cybersecurity threats. "Hactivism," corporate espionage, insider and government threats, terrorism, and criminal activity can cost time and...
Cyber insurance is now booming, with about 50 carriers in the industry. An increasing number of companies have cyber insurance to protect against cyber crime. However, businesses claim it’s not easy...
While insurance companies can provide a one-stop shop for breach notification, crisis management and public relations after a security disaster, many organizations are not aware of the sublimits of...
A lawyer produces information containing personally identifiable information about a client’s employees to another law firm. One of the lawyers at the other law firm downloads a copy of that file and...
Insurers put food on the table by preparing for disasters that most people would rather not think about: fires, hurricanes, earthquakes, car accidents, collapsing buildings. Now they're increasingly...
In recent years, insurance companies have been finding themselves affected by the rising number of major incidents of cyberattacks. On the one hand, this trend presents a business opportunity for...
Our survey offers rare insight into how consumers apportion responsibility for preventing data breaches. The findings show widespread consumer worry around retail data breaches, and a strong belief...
Data security breaches almost always give rise to a risk of reputational damage to the company responsible for controlling and processing the data. From the moment the breach occurs, the media...
You walk into your office on a Saturday morning during tax season to find a staff member waiting for you with sweaty palms and a look of terror on her face. She takes a while to get the words out,...
Summary and implications
The Article 29 Working Party (the Working Party) has issued a new Opinion on personal data breach notification that will have important repercussions for all data controllers...
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market. But their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.
High...