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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 126
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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). Bill C-11, Sec. 2016/679, Art.

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For nearly two decades, IBM Consulting has helped power SingHealth’s digital transformation

IBM Big Data Hub

This system replaced the siloed systems with a common platform, facilitating better collaboration among the 11 institutions involved. By combining the benefits of cloud with the security and control of on-premise IT infrastructure, this solution was able to meet the stringent standards for data governance.

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Ransomware Protection in 2021

eSecurity Planet

Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). In 2019, the municipal government of New Orleans was forced to declare a state of emergency and paid over $7 million. Adaptive Monitoring and Tagging. Statistics.

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UK: Supreme Court judgment in Morrisons – employer not vicariously liable for data breach

DLA Piper Privacy Matters

The Supreme Court held that: The earlier judgments of the High Court and Court of Appeal had misunderstood the principles governing vicarious liability. The court declined to specifically consider the General Data Protection Regulation, (EU) 2016/679 (“GDPR”). 2 Mohamud v WM Morrison Supermarkets plc [2016] UKSC 11; [2016] AC 677.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Company Sector Year Status Verodin Cybersecurity analytics 2018 Acquired by FireEye Kenna Security Risk management 2018 Acquired by Cisco PhishMe Incident response 2016 Acquired: P.E. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Open Raven analyzes data at rest, classifies inventory, and automates data governance as these become critical capabilities for the hybrid infrastructure’s security posture. With robust encryption policies, Evervault can help reduce insurance premiums and offers PCI-DSS and HIPAA compliance automation. Perimeter 81. JupiterOne.