Tags » Cyber Insurance

Cyber Insurance: Social Engineering Not Covered Under "Computer Fraud" Insurance Provision

Losses stemming from social engineering scams like the business email compromise are not covered by “computer fraud” provisions of commercial crime insurance policies according to the Fifth Circuit Court of Appeals in  485 more words

Cyber Insurance

Cyber-attacks are a real threat to most small businesses.

Cyber-attacks are a real threat to most small businesses.

Many businesses think- “I don’t keep my customers personal data, so I’m not at risk of a cyber attack.”. 518 more words

Not at risk for a cyber attack? Think again. 10 Cyber risk myths

  1. I’m not at risk because I don’t maintain any personally identifying information on my customers. Every commercial entity has an exposure because all commercial entities have customers and employees.
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The importance of governance – a dozen good questions you should ask your Board

Information security is a Board issue. Not everyone seems to appreciate this, and one of the more disheartening aspects of my day job is how hard it is to get senior execs to take the time to have security awareness training and engage with security policy. 855 more words


Top CyberSecurity News For 21st September 2016

  1. Rand Study: Average Data Breach Costs $200K, Not MillionsFrom DarkReading. 

     Rand taps insurance data and other sources to calculate that cyber incidents cost firms a scant 0.4% of annual revenues, on average.

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Top CyberSecurity News For 20th September 2016

  1. Over 90% of Euro Firms Hit by Data BreachFrom InfoSecurity Magazine. 

    Over 90% of European businesses have suffered a data breach in the past five years but fewer than half are concerned about it happening again, and awareness of the coming changes in European regulations is worryingly low, according to Lloyds.

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More Tips to Protecting Your Business against Cyber-Attacks

When it comes to protecting your business, there is nothing like too much information. From the minute of details to the more elaborate ones, you have to actively safeguard your business from cyber-attacks. 175 more words