The National Consumer League has written a letter to FTC Chairwoman Edith Ramirez, requesting that they hold a workshop solely focused on data breaches, stating that “the risk of data breaches
Sony has announced that it estimates that the damages caused by last year’s massive cyberattack will cost about $35 million to repair. A Sony spokesman based in Tokyo stated, “the figure
The Healthcare Information and Management Systems Society has become the first healthcare-based firm to sign onto the Chamber of Commerce’s coalition pushing for a cybersecurity bill in Congress.
Experts expect the cyber insurance marketplace to continue to grow and become more sophisticated in 2015. In 2014 insurers began to develop segment-specific programs catered towards industries facing unique risks and
Anthem Inc., the second largest health insurer in the United States was hacked last week and the personal information of about 80 million customers and employees may have been compromised, which
Earlier today the Senate Commerce, Science, and Transportation Committee heard testimony from a range of experts regarding how the private sector has responded to the NIST Framework.
Last Wednesday, lawmakers on the Senate Homeland Security Committee heard testimony from four private sector executives and an internet advocate regarding cyberthreat information sharing. It was the first hearing on the
Willis Re has announced that it is set to launch PRISM-Re™, the industry’s “first cyber risk modeling tool that will enable insurers to quantify and manage their portfolio exposure to data breaches,
In a recent White House blog post by Cybersecurity Coordinator Michael Daniel explains that the administration believes that instead of federal incentives, “the market offers the most effective incentives for the
