Ponemon Institute News

Hiscox Endorsement Covers Business Loss by Cyber Deception, Phishing

International specialist insurer Hiscox is now offering a Cyber Deception endorsement as part of its crime insurance that is aimed at protecting businesses against malicious efforts by criminals to trick employees into transferring company funds. Cyber deception is a growing …

Company Data Breach Now Costs $3.5M on Average: Ponemon Study

The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each lost …