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Report Predicts Banks To Get €4.7bn Fines In First 3 years Under GDPR

by Tim Heath on 2017-06-26 04:26PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Law, BUSINESS-Services-Financial

With an estimated 128 breaches per year in the EU financial services industry, the cost of paying GDPR penalties could be huge.

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Advice For Cyber Insurance Buyers

by Neil Telford on 2017-06-19 07:56PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Companies interested in securing cyber insurance should know that the underwriting process requires them to do careful due diligence.

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SMEs And Cyber Insurance

by Tim Heath on 2017-06-13 02:03PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Small and medium businesses rely on partners and they face a growing range of online challenges. Cyber Insurance has a key role to play.

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Six Seconds To Hack A Credit Card

by Neil Telford on 2017-06-07 11:44AM in TECHNOLOGY-Hackers, NEWS-News Analysis, GOVERNMENT-Police, FREE TO VIEW, BUSINESS-Services-Financial

Distributed Guessing Attack: Quickly working out the card number, expiry date and security code of a Visa card using nothing more than guesswork.

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Small Businesses Should Consider Cyber Insurance

by Neil Telford on 2017-06-07 10:46AM in BUSINESS-Services-Financial, FREE TO VIEW, NEWS-News Analysis

A shockingly low number of small businesses invest in cyber liability insurance to combat the potentially devastating effects of a cyber attack.

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UK Cyber Chief: Company Directors Are Devolving Responsibility For Hacks

by Neil Telford on 2017-06-06 10:01AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Transport & Travel, BUSINESS-Services-Law, BUSINESS-Services-IT & Telecoms, BUSINESS-Services-Health & Welfare, BUSINESS-Services-Financial, BUSINESS-Services-Consulting, BUSINESS-Production-Utilities, BUSINESS-Production-Manufacturing, BUSINESS-Production-Energy

GCHQ says directors must take charge of cybersecurity, warning that they are “devolving responsibility” for protecting businesses from hackers.

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Five Pitfalls of Cybersecurity Insurance

by Tim Heath on 2017-06-05 11:36AM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Law, BUSINESS-Services-Financial

Businesses are increasingly considering investing in cybersecurity insurance. But insurance is only as effective as the scope of the coverage.

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Cyber Crime Drives Up The Cost Of Insurance

by Tim Heath on 2017-05-23 03:11PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial

Insurers see coverage against hackers as one of their most promising markets, estimating that premiums will triple over the next four years.

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Systemic Cyber Attacks Most Likely In Finance & Energy Industries

by Neil Telford on 2017-05-15 10:18PM in NEWS-News Analysis, FREE TO VIEW, BUSINESS-Services-Financial, BUSINESS-Production-Utilities, BUSINESS-Production-Energy

Experts at insurance giant AIG have identified the industry sectors at highest risk to systemic threats.

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Bank Data Breaches Are Up And It's An Inside Job

by Neil Telford on 2017-05-15 07:09PM in NEWS-News Analysis, GOVERNMENT-Police, FREE TO VIEW, BUSINESS-Services-Financial

Bank breaches are not always due to legacy operating systems or their inability to cope with new forms of cyber attacks. There is human error.

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