Cyber & Technology
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Ferma goes back to the future with education focus at seminar
The biennial Ferma seminar went back to its educational roots, helping risk managers prepare for the twin business challenges of…
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Apple and Amazon deny Bloomberg report on supply chain attack by Chinese spies
Top US companies Apple and Amazon have denied the findings of a year-long investigation by Bloomberg Businessweek that says Chinese…
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Maritime industry ill prepared for range of risks with cyber its ‘Achilles’ heel’: survey
The global maritime industry appears ill prepared to deal with a range of risks during the next ten years, with…
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Irish data regulator officially opens Facebook breach probe
Ireland’s data protection regulator has formally opened an investigation into Facebook, following the disclosure last week that 50 million of…
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Password security strength worse at larger companies: LogMeln report
Nearly half of businesses are not in control of employees’ password security, with larger firms performing worse, according to the…
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British Airways breach covered by insurance and loss could top £100m: sources
The recent data breach at British Airways (BA) is set to test the EU’s General Data Protection Regulation (GDPR) and…
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ICO’s first GDPR notice for pro-Brexit misdemeanours appealed by AggregateIQ
Canadian data analytics firm AggregateIQ, which uses data to target voters in social media campaigns, has challenged the first GDPR…
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Facebook’s 50 million user security breach big test for GDPR
Facebook has disclosed a security breach affecting 50 million users that could expose it to fines widely reported to be…
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Cyberthreats and talent gap concern brokers and SMEs in UK and US
Cyberthreats are the emerging risk that brokers and businesses connected to the insurance sector in the UK and US are…
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Beazley boosts cyber team with Marsh recruit
Beazley has recruited Marsh’s cyber expert Luc Vignancour, to drive expansion in Europe and the Middle East (EMEA). Mr Vignancour…
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Lloyd’s China suffers 30% drop in premiums
The value of premiums written on the Lloyd’s China platform has dropped by 30% during the past year, as a…
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DAC Beachcroft launches online cyber breach tool
Law firm DAC Beachcroft has launched an online cyber breach tool for risk managers and corporates. The Breach Response Planner…
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More concessions needed to allay buyer fears over cyberwar exclusions
Insurance buyers are concerned that cyberwar exclusions are too vague and could potentially deny fair claims, with representatives pushing the…
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IRM launches new cyber risk course
The Institute of Risk Management (IRM) has launched a new cybersecurity course. Developed with the WMG Cyber Security Centre at…
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UK SMEs prioritise GDPR and cyber over Brexit: Zurich
Smaller UK businesses have pushed Brexit planning to the backburner as they struggle to comply with the General Data Protection…
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RSA launches its first cyber policy for large corporates
RSA is launching its first standalone cyber insurance offering for large corporates...
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UK Government advises firms to prepare for data disruption in no-deal Brexit
A Brexit no-deal would obstruct the free flow of personal data from the European Union (EU) to the UK, the…
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UK firms failing to grasp GDPR’s reporting deadlines, warns regulator
The UK data protection regulator has warned that some companies are “struggling” to fully understand that General Data Protection Regulation…
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Insurers expect rise in silent cyber losses, finds Willis Re survey
More insurers across the globe are expecting to report silent cyber losses across all lines of business except workers’ compensation…
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Little or no sign of market-wide hardening in Nordics
Nordic risk and insurance managers see no sign of a general hardening in the commercial market and can get capacity…