data breach notification costs News

Beazley Enhances Worldwide Breach Response Services

Beazley has enhanced its Beazley Breach Response (BBR) product to include expanded privacy breach response services and broader coverage The enhancements, which will come standard on all future BBR policies, will also further improve Beazley insureds’ ability to respond to …

State Laws Provide Leeway For Businesses Reporting Data Breaches

A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets companies such as Target Corp. wait weeks or even months to disclose security breaches. Forty-six of 50 U.S. states have …

Kentucky Weighs Cyber Breach Notifcation Law

A bill backed by state Auditor Adam Edelen and a bipartisan group of lawmakers would require state and local government agencies to notify Kentuckians when their personal information is breached. The bill’s backers said the measure has drawn more than …

Ascent ‘Ring-Fences’ Cyber Notification Costs to Protect Policy Limits

Ascent Underwriting, the cyber risks Managing General Agent (MGA) led by Amlin capacity, said it is “to ring-fence cyber breach notification costs separately from its main insurance policy limit to protect small and mid-market clients. “Launched this week, the new …