5 reasons you’re not reading this cybersecurity article
Cybersecurity articles are notoriously unpopular with financial advisers compared with other industry news, unless it’s something drastic like Voya’s recent slip-up exposing advisers’ Social Security...
View ArticleGuest Post: Claims Against Directors for Failure to Insure Against Cyber Risk...
You would think that if a company was found both by the relevant regulatory authorities and by the courts to have taken all reasonable steps to protect personal data, it would have a complete answer to...
View ArticleMost Firms Still Unprepared To Respond To Cyber Security Incidents: Study –...
A new study, conducted by the Ponemon Institute on behalf of IBM, found that a vast majority of organizations surveyed are still unprepared to properly respond to cybersecurity incidents, with 77% of...
View ArticleCouncil Post: Five Tips For Purchasing The Right Cyber Insurance Policy
Cyber insurance is a new concept that can be a bit tricky to navigate when you’re looking to purchase your first policy. For example, you’ll likely have to define a cyber attack and assess the costs...
View ArticleCyber Lessons and #MeToo Risk
Five years ago, when the reality of the cyber security threat began reaching the boardroom and audit and risk committees, only 15 percent of directors felt “very confident” their board oversaw cyber...
View ArticleCybersecurity in the “When-Not-If” Era | IoT For All
Risk is about uncertainty. The “When-Not-If” paradigm brings certainty where doubt was previously allowed (or used to manipulate outcomes): Cyber-attacks will happen Sooner or later, regulators will...
View ArticleCybersecurity experts warn Baltimore to stop ‘playing’ with ransomware...
Cybersecurity experts say Baltimore is playing with fire as a deadline to pay thousands of dollars in ransom to hackers holding several of the city’s servers hostage has come and gone. It has been two...
View ArticleA Guide to Law Firm Cybersecurity Risks & Ethical Compliance – Security...
Law firm cybersecurity is becoming more critical with each passing year. Law firms are frequently targeted by cybercriminals due to the sensitive client information they possess and the international...
View ArticleEffective Cybersecurity and Data Protection Legislation Should Protect...
Congress should act to protect cybersecurity whistleblowers because information security has never been so important, or so challenging. In the wake of a barrage of shocking revelations about data...
View ArticleHackers Won’t Let Up in Their Attack on U.S. Cities – WSJ
“Ransomware is a pandemic in the United States,” said Joel DeCapua, supervisory special agent in the Federal Bureau of Investigation’s cyber division, referring to a particularly devastating form of...
View ArticleRansomware: There are no easy answers | SC Media
Any competent business advisor would likely tell a client that spending $76,000 in order to potentially fend off an incident that could cost that organizations millions of dollars would be money well...
View ArticleHit by Ransomware Attack, Florida City Agrees to Pay Hackers $600,000 – The...
Even large cities, however, have had to pay smaller ransoms than Riviera Beach. On Monday, the City Council unanimously agreed to have its insurance carrier pay the hackers 65 Bitcoin, a hard-to-trace...
View ArticleCyber risk insurance is more than just insurance
Insurance companies such as Chubb are offering incident response services and security tools to help companies improve their cyber security posture and better cope with cyber attacks via Cyber risk...
View ArticleAddressing “Silent Cyber” and the Risk of Coverage Gaps | The D&O Diary
One of the hot topics for mainstream P&C insurers these days is dealing with “silent cyber” – that is, the coverage for cyber-related losses in traditional property and casualty insurance policies....
View ArticleThe Rise Of The Chief Cybercrime Officer | Information Security Buzz
Enter the Chief Cybercrime Officer (CCO), whose remit will entail ensuring the organisation is cyber-ready and who will bear the responsibility of mitigating breaches, taking the lead if a breach does...
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