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Why Cyber Insurance is Essential in 2022

IT Governance

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. Cyber Insurance is Booming.

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Data Protection in Financial Services Week 2022

Data Matters

Sidley and OneTrust DataGuidance are pleased to announce that registration is now open for their annual Data Protection in Financial Services (DPFS) Week. Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector.

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Connecticut Makes Five: The Constitution State Enacts Broad Data Privacy Law Effective July 2023

Data Matters

Connecticut has passed a new state data privacy law slated to go into effect on July 1, 2023. Consistent with all of the state data privacy laws we have seen to date, the Connecticut law does not provide for a private right of action to broadly enforce the privacy rights provisions of the law.

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List of Data Breaches and Cyber Attacks in June 2022 – 34.9 Million Records Breached

IT Governance

Welcome to our June 2022 review of data breaches and cyber attacks. The post List of Data Breaches and Cyber Attacks in June 2022 – 34.9 We identified 80 security incidents during the month, resulting in 34,908,053 compromised records. You can find the full list below, broken down into categories.

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How insurers drive success in the digital transformation race with modern data management

Reltio

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

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The Week in Cyber Security and Data Privacy: 23–29 October 2023

IT Governance

Records breached: 512,000 documents, with details of insurance investigations, vehicle registration certificates, notices of car seizures and payment card details. University of Tokyo PC Infected with Malware in July 2022; Possible Leak of Students’ Addresses, Grades Date of breach: July 2022 (first reported 24 October 2023).