Insurance

Podcast: An Actuary’s View of Cyber Risk

In-brief: Fifty eight percent of risk managers in a recent survey listed cyber security as a top risk for their organization – double the percentage from an identical survey in 2009. But why? In this Security Ledger podcast, we talk with Max Rudolph of the Society of Actuaries and author of a recent report on cyber risk. 

Nine of Ten Breaches Easily Avoidable, Study Finds

In-brief: Nine of every ten data breaches that occurred in the first eight months of 2015 were “easily avoidable,” according to a study released by the Online Trust Association (OTA) on Tuesday. 

Survey: Boards Bracing For Cyber Lawsuits, Regulation

In-brief: Corporate boards are bracing for lawsuits and increased government regulation related to cyber incidents such as hacks and data theft, according to a survey of board members conducted by New York Stock Exchange (NYSE) Governance Services and the security firm Veracode. 

Report: Cyber Insurance Premiums Jump in Wake of Incidents

In-brief: cyber insurance premiums are jumping following a string of large and high-profile breaches, Reuters reports. But that doesn’t mean insurers are souring on covering online risk.

Phishing

The Cost of Phishing? More than you think!

In-brief: A report from the Ponemon Institute puts the annual cost of phishing attacks at $300,000, much of it due to lost productivity. Can that number be believed? It’s hard to know.