Canadian Underwriter

Keyword
Cyber Security


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Equifax says U.S.-focused theft of data touched ‘certain’ Canadian residents

September 8, 2017 The Canadian Press (CPSTF)

TORONTO – Credit monitoring company Equifax says that it will work with regulators in Canada and the United Kingdom to determine the appropriate steps following a lapse in cyber security that’s affecting about 143 million people in the United States.

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On Balance

July 24, 2017 Brett Hansen, Vice President, Endpoint Data Security and Management, Dell

The balancing act demanded of employees trying to meet the twin goals of efficiency and data safety makes the people side of data security critically important. Organizations must design security programs that implement a mix of solutions to address security awareness, enablement and protection in the workforce.

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Multi-factor authentication central to helping reduce data breaches: Ostertag

July 4, 2017 by Angela Stelmakowich

Taking a multi-layered approach to cyber security – including authentication – is likely the most important single thing to help combat access that then results in data breaches, David Ostertag, global investigation manager for Verizon’s investigative response unit, advised last

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Holistic approach needed to reduce confusion around cyber security, tackle inaction: Echols

June 15, 2017 by Canadian Underwriter

Tools meant to bolster cyber security are being introduced absent a holistic view, producing even more questions among already-confused businesses expecting some progress on their individual risk reduction efforts, cyber expert Michael Echols suggested Tuesday during a symposium in downtown

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36% of polled Canadian firms have no cyber security insurance: FICO

June 1, 2017 by Canadian Underwriter

More than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes.

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Criminal data breaches forecast to cost global business $8 trillion in next five years: Juniper

May 30, 2017 by Canadian Underwriter

Higher levels of Internet connectivity and inadequate enterprise-wide security are expected to pave the way for criminal data breaches costing businesses around the world about $8 trillion over the next five years, suggests U.K.-based Juniper Research. Research released Tuesday indicates

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Cyber security a ‘key aspect’ of risk management for medical professional liability insurers: A.M. Best

May 11, 2017 by Canadian Underwriter

Medical professional liability insurers who retain cyber risk need to limit their exposure “through strong policy language,” A.M. Best Company Inc. warned in a report released Wednesday. The ability to “identify emerging risks in areas such as cyber security,” is,

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BlackBerry expanding channels of distribution via cyber security initiative with Allied World

April 21, 2017 by Canadian Underwriter

Ontario-based BlackBerry Limited is growing its footprint in the insurance industry through a new initiative with Allied World Assurance Company Holdings in which the latter’s U.S. cyber policyholders will gain direct access to the former’s cyber security expertise through an

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McDonald’s Canada says info of 95,000 job applicants compromised

April 3, 2017 The Canadian Press

TORONTO – McDonald’s Canada says the jobs section of its website has been hacked, compromising the personal information of about 95,000 applicants over the last three years. The company said Friday the accessed information included names, addresses, phone numbers, employment

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Canadian executives investing in tech skills training, but still struggle to keep up with technology change: PwC Canada

March 29, 2017 by Canadian Underwriter

Polled Canadian organizations are struggling to keep up with constant technology change despite executives viewing digital strategy, cyber security and data analytics as quite or highly important skills to their businesses, notes a new report issued Wednesday by PricewaterhouseCoopers (PwC)

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Disruption becoming more of a motivator for cyber attacks: ICRMC panel

March 2, 2017 by Angela Stelmakowich

The motivation and rationale behind certain cyber attacks seems to be undergoing a transition, with some actors looking to inflict the most disruption possible on a target entity simply for the “fun” of it, it was suggested Thursday during the

Feature Technology

Battle Ready

March 1, 2017 Ryan Wilson, Chief Technology Officer, Security, Scalar Decisions Inc.

What will it take to win the cyber security war in 2017? Organizations may choose to arm themselves with the strategic approach that has worked for high-performing organizations, including identity management and authentication, web application firewalls and encryption for data at rest.