Security News

Marriott faces massive data breach expenses even with cybersecurity insurance
2018-11-30 17:03

Marriott's total tab for a data breach affecting as many as 500 million consumers is going to cost billions of dollars over the next few years, based on the average cost of megabreaches.

Laptop search unravels scheme to fake death for insurance cash
2018-11-22 17:00

The first rule of death club is not to be seen alive After faking one's own death to defraud a life insurance company, it's best to avoid being photographed alive and well, particularly when...

How Cyber Insurance Is Changing in the GDPR Era
2018-11-07 17:33

Privacy Breach Claims Are Rising, Says Thomas Clayton of Zurich InsuranceAlthough the EU's General Data Protection Regulation only went into full effect on May 25, its mandatory privacy breach...

ICO poised to fine Leave campaign and Arron Banks’ insurance biz £135,000
2018-11-06 12:17

Finds orgs sent marketing emails promoting each other without consent The Information Commissioner’s Office plans to slap fines totalling £135,000 on Leave.EU and Brexiteer Arron Banks’ insurance...

Why cybersecurity is the fastest-growing insurance market for SMBs
2018-10-12 17:37

Some 90% of SMBs are purchasing cyber insurance with limits of $1-$5 million, according to data from CyberPolicy.

Could a Credit-Like Security Score Save the Cyber Insurance Industry?
2018-10-11 11:14

Enterprises need access to cyber insurance that accurately reflects their current security posture and that covers both direct and indirect expenses.

Insurance experts expect higher cyber-related losses
2018-09-18 10:53

Insurance companies are expecting increased cyber-related losses across all business lines over the next 12-months, driven by increasing reliance on technology and high-profile cyber-attacks,...

Cyber Insurance Market to Double by 2020, Says Munich Re
2018-09-10 01:38

The market for insurance against cyber threats will double by 2020 to over 8 billion dollars, German reinsurance giant Munich Re told a conference in Monaco on Sunday. read more

Less than a third of companies have dedicated cybersecurity insurance
2018-09-04 11:30

Only one third of senior executives in UK organisations admit their company insurance currently covers them for a security breach and for the financial impact of data loss, despite the fact that...

How Cyber Insurance Changes the Conversation Around Risk
2018-07-19 16:37

In this InfoSec Insider cyber insurance expert Nick Sanna discusses how to balance threat exposures and protecting assets with insurance against hacking, breaches and vulnerabilities.