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data breach


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One in four U.S. consumers victim of healthcare data breach: Accenture

February 21, 2017 by Canadian Underwriter

Just over one in four consumers (26%) in the United States have had their personal medical information stolen from technology systems, according to results of a survey from Accenture released on Monday. The findings related to the U.S. portion of

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Cyber attack remains top business continuity concern, preparedness for all threats urged: Horizon Scan Report

February 21, 2017 by Canadian Underwriter

Cyber attack, data breach and unplanned IT and telecom outages are the greatest concerns among business continuity professionals, concludes the sixth annual Horizon Scan Report, released Tuesday. The top three concerns remain unchanged from the last report carried out by

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Cyber Risk: The Great Unknown

February 10, 2017 Emily Atkins, Editor

Assessing the threat and understanding the consequences of cyber breaches

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Beazley expanding presence in Canada with acquisition of Creechurch Underwriters

February 6, 2017 by Canadian Underwriter

London-based Beazley announced Monday it is expanding its presence in Canada with the acquisition of specialist managing general agent (MGA) Creechurch Underwriters, and has plans to enhance existing covers and launch new products. Creechurch Underwriter’s current team, led by its

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Determining consequential damages from data breach ‘difficult to apply in practice:’ Willis Towers Watson

December 21, 2016 by Canadian Underwriter

A ‘significant percentage’ of data breaches involve a loss or compromise of data in the hands of third-party vendors, and many technology vendor agreements cap those vendors’ liability to fees paid and leave customers on the hook for consequential, incidental

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Two-thirds of global organizations not prepared to recover from cyberattacks: IBM and Ponemon Institute study

November 18, 2016 by Canadian Underwriter

Two-thirds (66%) of respondents to a study conducted by the Ponemon Institute have reported that their organization is not prepared to recover from cyberattacks. Resilient, an IBM Company and sponsor of the report, and the Ponemon Institute, revealed the results

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40% of polled U.S. policyholders who purchased cyber coverage in last six months have increased coverage: Council of Insurance Agents & Brokers

October 28, 2016 by Canadian Underwriter

The Council of Insurance Agents & Brokers (CIAB) in the United States has reported that nearly 40% of polled policyholders who purchased cyber coverage in the last six months have increased their coverage levels. Earlier this week, the CIAB released

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Chubb launches product to protect Canadian companies against privacy, intellectual property, financial injury and cyber risks

October 4, 2016 by Canadian Underwriter

Chubb announced on Tuesday that its Integrity+ product is now available in Canada to help protect companies from errors and omissions (E&O) liability customer lawsuits alleging that their products or services caused privacy violations, intellectual property infringements or other financial

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Password breach could have ripple effects well beyond Yahoo

September 27, 2016 Raphael Satter - THE ASSOCIATED PRESS

LONDON – As investors and investigators weigh the damage of Yahoo’s massive breach to the internet icon, information security experts worry that the record-breaking haul of password data could be used to open locks up and down the web. While

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Data breach settlement approved in Canadian class action lawsuit against Home Depot

September 3, 2016 by Canadian Underwriter

An Ontario court recently approved a settlement in a class action lawsuit against Home Depot of Canada, Inc. and its corporate parent arising from a data breach in 2014 that affected its payment card system. Class action lawsuits were filed

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90% of global consumer product companies have experienced data breach, almost half not complying with regulations: Capgemini report

July 14, 2016 by Canadian Underwriter

Nine in ten global consumer product (CP) companies have faced a data breach and nearly one in two do not company with industry regulations, research from Gapgemini has found. The consulting, technology and outsourcing services firm conducted a global survey

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Malware an increasingly efficient, effective way to perpetrate data breaches

June 28, 2016 by Angela Stelmakowich

Everything is going automatic – and those looking to perpetrate data breaches with malware are no different – emphasizing the need for individuals and organizations to be better prepared to keep the cyber door closed to potential threats. With the