Beazley Breach Response (BBR) Services News

Business Email Attacks on the Rise; Office 365 Users Hardest Hit: Beazley

Attacks targeting business email accounts continued to climb in the second quarter. Hardest hit were organizations using Office 365, the popular cloud-based product, according to data released by specialty insurer Beazley. Email compromises accounted for 23 percent of incidents reported …

Beazley Launches GDPR Helpline for UK Policyholders

Beazley has partnered with international law firm DAC Beachcroft to launch a General Data Protection Regulation (GDPR) helpline for its Beazley Breach Response (BBR) policyholders in the UK. The new GDPR regulations, which take effect May 25, 2018, could lead …

Data Breaches Due to Employee Error, Third Party Suppliers on Rise: Beazley

Hacking and malware attacks including ransomware attacks continue to be the leading cause of breaches, accounting for 32 percent of the 1,330 incidents that insurer Beazley’s in-house Breach Response Services helped clients handle in the first half of the year. …

Ransomware Attacks Quadrupled in 2016; Expected to Double in 2017: Beazley

Specialty insurer Beazley, which offers data breach response insurance, said its specialized breach response unit saw ransomware attacks quadruple in 2016 and the insurer projects they will double again in 2017. Nearly half of these attacks occurred in the healthcare …

Beazley Taps AIG’s Tigleanu as Data Breach & Information Security U/W

Beazley, a specialist in data breach response insurance, has appointed Monica Tigleanu as an underwriter focused on data breach and information security coverage for US companies out of its London headquarters. Beazley has helped clients handle over 5,000 breaches since …

Ransomware Attacks Are Soaring, Says Beazley in Data Breach Report

Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by specialty insurer Beazley. The Beazley Breach Insights report is …