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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

Insurance 128
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MY TAKE: Poorly protected local government networks cast shadow on midterm elections

The Last Watchdog

It’s easy to think of it as a problem the federal government must address or something that enterprises deal with, but cybersecurity has to be addressed closer to home, as well. His company supplies a co-managed SIEM service to mid-sized and large enterprises, including local government agencies. During 2016, 39 states were hacked.

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Why Cybersecurity Pros Should Care About Governance

Getting Information Done

Cybersecurity professionals need to understand the information risks their organization faces and how to leverage information governance, along with technology, to get the biggest bang for their buck. billion on security technology in 2016—and still, experience data breaches. As a result, companies are turning to cyber insurance.

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The False Economy of Deprioritising Security

IT Governance

Possible reasons for this trend change Reasons for organisations deprioritising security may include: Rising costs and economic uncertainty; Geopolitical tensions and uncertainty; and Fewer UK businesses identifying attacks or breaches, according to government data. % It also helps ensure your other measures get properly implemented.

Security 116
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Predictive data quality + adaptive data governance = robust compliance by design

Collibra

When GDPR (General Data Protection Regulation) came into effect in 2016, organizations took time to understand and plan their compliance efforts. HIPAA (Health Insurance Portability and Accountability Act), as an example, requires protecting sensitive patient health information from being disclosed without the patient’s consent or knowledge.

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The Impact of Data Protection Laws on Your Records Retention Schedule

ARMA International

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. 2016/679 (EU, April 27). 2016/679, Art. 2 DLA Piper. 2000. . §

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Powering the future: The synergy of IBM and AWS partnership

IBM Big Data Hub

IBM and AWS have been working together since 2016 to provide secure, automated solutions for hybrid cloud environments. Multiple query engines, built-in governance, and hybrid cloud deployment models further elevate its capabilities. One notable example is a prominent Japanese insurance company that leveraged Db2 PureScale on AWS.