A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May 25 last year, the General …
The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33 industries. In comparison, survey respondents globally ranked …
Specialist insurer Beazley has created a marine cyber insurance product to meet the rapidly developing needs of vessel owners and operators. Should a cyber incident impact a vessel’s operational capabilities, “Beazley Cyber Defence for Marine” provides insurance for physical damage …
CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced significant enhancements to its cyber proposition with a new pre-breach service and additional coverages. “Our latest cyber proposition reflects the changing risk environment. Technology …
Norsk Hydro said the March cyber attack that paralyzed its computer networks would cost the aluminum maker up to 450 million Norwegian crowns ($52 million) in the first quarter. The Oslo-based firm, one of the world’s largest producers of the …
Brit Ltd., the London-based specialty insurer and reinsurer, announced it has increased the flexibility and limits of Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage arising from cyber attacks. Launched …
The head of Britain’s GCHQ spy agency on Wednesday will call on businesses and the finance sector to work with intelligence officials to help secure the internet and protect customers online. In extracts of a speech to be given at …
British football fans should be wary of rooting for their team by making them a password. Liverpool, Chelsea, Arsenal, Manchester United and Everton are all passwords that have been compromised hundreds of thousand of times, according to research published by …
When Norsk Hydro, one of the world’s largest aluminum producers, was hit by a major cyber attack in the early hours of March 19, it was already undergoing a major upheaval: just the day before the attack, the company’s long-standing …
Norsk Hydro, one of the world’s largest aluminum producers, said on Monday one of its major divisions was back up to 60 percent of capacity after a cyber attack earlier in March. The cyber attack forced the company to shut …
