Average Cost of a Data Breach Has Reached an All-Time High: IBM Report August 8, 2023 By Jahna Jacobson According to IBM’s Cost of a Data Breach report, 2023 set an all-time high record with the global average data...
Equifax Breach Could be Costliest Yet at $439M; Insurance to Cover $125M March 4, 2018 By Jim Finkle and John McCrank Equifax Inc. said it expects costs related to its massive 2017 data breach to surge by $275 million this year,...
SMEs Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report February 21, 2018 By L.S. Howard Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, which could...
The High Cost of Cybercrime to Insurers and Banks February 15, 2018 Cyberattacks cost financial-services firms more to address than any other industry and the rate of breaches in the industry has...
RIMS 2017: Firms Value Cyber Assets Highly Until Time for Insurance April 25, 2017 Despite believing that their plant, property and equipment are now less valuable than their cyber assets, most organization spend four...
Asset Managers Urged to Make Cyber Risk Top Priority September 1, 2015 By Ross Kerber and Simon Jessop Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging...
Companies Let Most Technology Assets Go Unprotected: Aon/Ponemon May 12, 2015 Cyber is one of the fastest growing risks for companies across the globe, and information technology assets are often as...
90% of Healthcare Firms Hit by Cyber Attack: Ponemon May 7, 2015 By Shannon Pettypiece A rise in cyber attacks against doctors and hospitals is costing the U.S. healthcare system $6 billion a year as...
As Health Data Goes Electronic, Medical ID Theft Increases February 26, 2015 By Shannon Pettypiece Medical identity theft jumped 22 percent last year as more U.S. health data becomes electronic and easier for cyber criminals...
Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’ December 22, 2014 By Luciana Lopez Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance...