Tag Archives | cyber insurance

Top Concern: The Prospect of a Big Data Breach, New Report Shows

According to a new survey by Advisen, that was commissioned by ID Experts, a majority of organizations are really concerned at the prospect of a big data breach. With the ever evolving cybersecurity landscape and advancing cyber criminal attacks, data breaches should be #1 on every company’s radar. This enlightening survey highlights several key findings, […]

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Data Breach Coverage Isn’t in You’re Homeowners Insurance

Late to the party I know, but a really interesting case came down from the 7th Circuit that confirmed that data breach coverage is not included in a homeowners policy.  Cyber insurance, or cyber liability insurance, is a separate insurance product, much like auto or boat insurance and isn’t usually in the same policy.  Cyber […]

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HIPAA Privacy and Security Statistics from the PHI Protection Forum

The Patient Privacy Network just wrapped up its  PHI Protection Forum in Boston – Larry Clinton of the Internet Security Alliance spoke at the event.  He spoke at length about the threats to HIPAA privacy and security within individual organization and brought out some interesting stats on the issue. Larry noted: Most executives in the […]

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Cyber Data Risk Managers Releases “2013 Data Privacy, Information Security and Cyber Insurance Trends Report”

Just like it’s long title suggest, the “2013 Data Privacy, Information Security and Cyber Insurance Trends Report” released this week by the Cyber Data Risk Managers is an extensive list of industry experts offering thoughts on all things data privacy, information security, cyber insurance and data breach trends.  Both Rick Kam, President and co-founder of […]

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Cyber Insurance for Healthcare Data Breach Response, Know the Differences

There are many ways to the skin a cat, and even more ways to handle a healthcare data breach response.  As more and more Healthcare organizations look into cyber insurance, or privacy insurance, understanding the different ways insurance carries approach breach response is key.  HealthIT Security has a great run down on the pros and […]

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The Rising Costs of a Data Breach Response

The cost of Data Breach Response is rising and with a deeper analysis of the most recent Net Diligence report on data breach claims activity shows some of the sources. “Of the $3.7 million average data breach cost in this year’s study, fully $2.1 million or 57% of the total cost can be chalked up […]

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Cyber Insurance for Healthcare? What’s the best fit.

Healthcare organizations are increasingly looking at cyber insurance to help in managing privacy breach risks; this article discusses reasons why the Beazley Breach Response program may not be a good fit for many healthcare organizations which have it.  I believe we provide credit where it is due, and also discuss the finer points of responding […]

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