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Canadian firms may be overconfident in their cybersecurity preparedness: FICO survey

June 21, 2017 by Canadian Underwriter

Canadian firms, particularly those in the telecommunications sector, may be overconfident in their cybersecurity preparedness, according to a recent survey conducted by research and consultancy firm Ovum for Silicon Valley analytics firm FICO. For the survey, Ovum conducted telephone interviews

News InsuranceMarkets / CoveragesTechnology

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.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Canadian companies lag in cybersecurity investments, survey finds

May 23, 2017 by Canadian Underwriter

More than three-quarters (76%) of surveyed Canadian executives believe that the number of data breach attempts on their firms will be higher in a year, yet fewer than half said that their organization’s investments in cybersecurity will increase in that

News InsuranceLegalTechnology

Cloud technology challenging the notion of what a corporate network is: RIMS speaker

April 13, 2016 Angela Stelmakowich, Editor

SAN DIEGO – Hacktivist-type attacks like those involving Sony Pictures Entertainment and Ashley Madison have gotten very personal and are coming at a time when cloud technology is transforming corporate networks, Brad Gow, senior vice president of Endurance Insurance, said