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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. As a direct result of that blockage, oil couldn’t reach its destination, manufacturers couldn’t get crucial parts, and so on. As the CrowdStrike situation showed us, of course.

Insurance 112
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The Top 5 Reasons to Use an API Management Platform

Security Affairs

Over the course of his 20+ years of IT and Security, Ross has served in a variety of operations and infosec roles for companies in the manufacturing, healthcare, real estate, business insurance, and technology sectors. He has experience with ISO 27001 and SOC 2 Type 2 implementation and maintenance.

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

But, of course, the nature of ransomware attacks makes it hard for organisations to determine how many records were affected. For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks.

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Cybersecurity Incident Highlights Questions about Cyber Insurance Coverage

Hunton Privacy

On October 8, 2014, the Department of Homeland Security reported that over the course of several months, the network of a large critical manufacturing company was compromised. The incident raises some issues for cyber insurance.

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The hidden threats facing your intellectual property

IT Governance

For life sciences and pharmaceutical companies, this includes data on the development and testing of new therapies and details of how therapies are manufactured. Last year, private healthcare giant BUPA suffered a breach affecting 108,000 health insurance policies when a rogue employee copied and removed information from the organisation.

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Autonomous Vehicles – Canada’s Current Legal Framework: Privacy (Part 4)

Data Protection Report

Across the globe, the race is already underway among vehicle manufacturers to develop fully autonomous vehicles (AVs). In this post, we will describe some of the risks introduced by personal information collection, and some of the legal obligations of vehicle manufacturers in protecting their customers’ privacy.

Privacy 85
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Insurers’ digital focus is looking through the wrong ‘lens’

CGI

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! harini.kottees…. Tue, 02/28/2017 - 03:52. This again causes consumer dissatisfaction with the industry as a whole and drives unwanted consumer behaviours at the point of claim.