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Lloyd’s Will No Longer Include Nation-State Attacks in its Cyber Insurance Policies

IT Governance

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105
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Catches of the month: Phishing scams for August 2019

IT Governance

phishing emails every week. There’s plenty of advice on how to spot phishing scams , but without any real-world examples that explain how they work, it can be easy to see the threat as purely theoretical. That’s why we’ve decided to review phishing attacks in practice. Your employees receive an average of 4.8 What’s the lesson?

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UK cyber crime rate has doubled in the past five years

IT Governance

Phishing and malware were the most common tools for cyber crime – and the larger the organisation, the more likely they were to fall victim. Among small businesses, phishing attacks were successful 29% of the time and malware 20% of the time. Beaming’s Five Years in Cyber Security found that 1.5

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Data Breach: Turkish legal advising company exposed over 15,000 clients

Security Affairs

The server contained 55,000 court papers regarding over 15,000 legal cases, which affected hundreds of thousands of people. Inova is an actuarial consultancy company, which means they compile statistical analysis and calculate insurance risks and premiums. Document sent to the insurance company by the victim’s lawyer.

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Contracting for Cybersecurity Risks: Mitigating Weak Links

Data Protection Report

Managing vendor risks includes putting pen to paper. Examples of sensitive information that attract more stringent security safeguards include financial information, health information, reputationally sensitive information, social insurance numbers, trade secrets and confidential commercial information. Concluding Remarks.

Risk 117
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List of Data Breaches and Cyber Attacks – May 2023

IT Governance

million) Clinical test data stolen from biotech company Enzo Biochem (2.47 million) Apria Healthcare suffers security breach (1.8 million) Clinical test data stolen from biotech company Enzo Biochem (2.47 million) Apria Healthcare suffers security breach (1.8 million) Clinical test data stolen from biotech company Enzo Biochem (2.47

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How to handle a ransomware attack

IT Governance

Many ransomware victims use pen and paper instead of computers where possible. For example, you should provide them with said pens and paper, direct them to hard copies of information they might need and bring in colleagues who can’t work to help out. If you don’t already have cyber insurance, it’s worth considering.