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U.S. Banker June 2007 Rebecca Sausner |
Cyber Security: Insurance Not Standard Yet, But Choices Abound Typical policies now offer a range of protections, as data breaches become more problematic. But at what point should premiums be spent instead on shoring up security? |
Inc. April 2007 Dan Briody |
Online Indemnity No two insurance policies are the same, but cyber insurance policies generally include coverage for the incidents listed in this article. |
InternetNews July 10, 2007 Roy Mark |
Many Breaches, Few ID Thefts Data breaches are frequent, but evidence of actual identity theft resulting from the breaches is limited, according to a new report by the General Accountability Office. |
Commercial Investment Real Estate Sep/Oct 2015 Alan Lyons |
Cyber Scares Protect your real estate business from online security breaches. |
Bank Technology News April 2007 Holly Sraeel |
In the U.S., Privacy Isn't Always Convenient, Or Wanted While banks nationwide wrestle to comply with state privacy and breach notification laws, the TJX phenomenon brings the issue of consumer privacy into sharper focus: If Americans are inconvenienced in any way, they'll forgo privacy. |
Wall Street & Technology October 23, 2007 Melanie Rodier |
How Are U.S. Businesses and Lawmakers Responding to Data Breaches? Nearly 77 million individuals have been affected by data breaches so far this year. But even after suffering a data breach, many businesses failed to implement encryption solutions or seek legal counsel. |
CFO May 15, 2012 David Rosenbaum |
Costs of Data Breaches Drop In March, the Ponemon Institute, an independent research center that examines privacy, data protection, and information-security policies, reported the first decline in at least seven years of both the organizational cost of data breaches and the cost per lost or stolen record. |
U.S. Banker June 2007 Holly Sraeel |
Accountability at Issue in Data Security Failings Enforcing stiffer criminal penalties is one way to hold merchants and data brokers more accountable. This is good news for banks. |
New Architect May 2002 Kevin Savetz |
Data Insurance Cover your most valuable assets -- the intangible ones... |
Wall Street & Technology December 12, 2007 Melanie Rodier |
Data Breaches Costly For Financial Firms Data breaches are costly for any company, but according to a 2007 study, the average total cost for an incident is much higher in the financial sector. |
Bank Technology News January 2006 Glen Fest |
Data Breach Notification: States Differ On When To Sound The Alarm Legislative action on how and when banks should sound the alarm when there's been a data breach has lagged on the federal level, leading to a broad mix of state measures. |
InternetNews February 22, 2007 Roy Mark |
Retailers to Hold Data-Breach Bag? Proposed legislation in Massachusetts would make retailers financially responsible for breaches of their databases that lead to consumer identity theft. |
InternetNews January 12, 2007 Roy Mark |
Data Breach Law Back in Senate Businesses and government agencies would have to notify consumers under certain circumstances of data breaches under legislation introduced by U.S. Sen. Dianne Feinstein. |
U.S. Banker March 2009 Glen Fest |
D&O Sticker Shock As the credit crisis worsened last year and more and more financial institutions became targets of shareholder lawsuits, many banks were hit with up to 85% increases in their premiums for director and officer insurance. |
Bank Director 1st Quarter 2009 Charles Keenan |
Sleep Insurance: How the Market is Affecting Your D&O Coverage Banks face a double whammy of sorts, since rockier times will make it almost necessary to raise coverage limits for directors in order to retain or lure them. |
Managed Care November 2006 Ed Silverman |
Loss of Protected Patient Information Real Danger for Health Care Plans There are plenty of ways that confidential data can escape managed care organizations, and the consequences can be major. Can you trust your employees? |
InternetNews February 6, 2007 Roy Mark |
Concealment a Crime in Latest Data Breach Bill Additional legislation calls for criminal penalties for concealing breaches and consumer notification of 'significant' breaches. |
Insurance & Technology February 6, 2008 Melanie Rodier |
Data Breaches Increasingly Costly, Especially in Financial Services As the number of data breaches reported annually continues to surge, the costs incurred by companies that report incidents also are increasing |
InternetNews August 4, 2006 Roy Mark |
Data Breaches And Congress A roundup of where federal data breach security laws stand. |
InternetNews August 9, 2010 |
New Federal Data Breach Bill Debuts in Senate The new bill is getting early support from prominent Democrats and could require enterprises meet tighter security measures and new notification rules. |
Bank Technology News May 2007 Larry Ponemon |
Consumer Privacy: Top Banks Must Guard Against Breach of Faith The good news for banks, according to a study, is that most customers trust them with their personal data. The bad news is that one misstep will cost them dearly. |
CIO March 9, 2012 Stephanie Overby |
IT Service Providers and Customers Battle Over Data Breaches IT outsourcing providers and their customers are fighting hard over data security liability limits at the negotiating table, and the issue is going to get more contentious in the cloud. |
CIO January 2007 |
Data Breaches Cost You More Data breaches continue to become more expensive. |
InternetNews November 28, 2007 Andy Patrizio |
Report Details Real Costs of Data Breaches Some experts say breaches aren't just an embarrassment to your IT department: They're a leech on the bottom line. |
InternetNews March 17, 2006 Roy Mark |
Groups Slam Data Breach Notification Bill A U.S. House panel effort to write a national data breach disclosure law is running into fierce opposition by consumer groups calling the legislation the "worst data security bill ever." |
Bank Technology News November 2001 David Rountree |
Taking Care of Customer Data A privacy breach in the banking industry may carry ominous legal ramifications, but they pale in comparison to the effects of a blown reputation... |
Bank Systems & Technology May 1, 2006 Larry Greenemeier |
Growth Can Be Risky Business Most banks are expecting healthy growth over the next few years on the strength of their retail banking operations, according to a recent study. But are banks focusing enough on the issue of data security? |
Bank Systems & Technology December 1, 2005 Eileen Colkin Cuneo |
Dealing With Data Theft After the Fact When a security breech occurs, a company handling it right can flip the negative into a positive and earn customers' respect and appreciation. If they handle it wrong, and the business will fight the stigma of being an untrustworthy organization indefinitely. |
InternetNews January 17, 2007 Ed Sutherland |
Less Data, More Security Will data minimization be the key to enhancing data security? Experts say it's a trend to watch. |
U.S. Banker July 2005 Michael Grebb |
Changing Of The Guard When security vendors used to attempt to call on bank CEOs and CFOs, they'd typically get ignored or handed off to the IT department. Those days are long gone. Fraud is becoming trickier to combat and posing more reputational risk for institutions. |
CFO April 1, 2008 Scott Leibs |
Firewall of Silence Data security breaches are rampant, and costly. So why don't C-level executives talk about them? |
InternetNews September 25, 2007 Stuart J. Johnston |
Report: TJX Security Was 'Inadequate' TJX is faulted for collecting too much information, keeping it too long, and not upgrading security systems quickly enough. |
Insurance & Technology April 20, 2005 Anthony O'Donnell |
Gray Shares Perspective Kimberly Gray, chief privacy officer of Highmark, brings a special perspective of the health insurance industry to the International Association of Privacy Professionals. |
The Motley Fool February 5, 2007 Dan Caplinger |
Insuring Your Small Business: Part 3 If you can't buy every type of coverage, you need to prioritize. Without the right insurance coverage, you may be putting the source of your current and future income at risk. |
CRM September 7, 2012 Dale Dabbs |
Protect Your Most Valuable Business Assets--Your Customers Optimal CRM incorporates data protection best practices to curtail identity theft. |
InternetNews April 12, 2005 Tim Gray |
310,000 Exposed by LexisNexis Data Breach Company estimates data breach affected 10 times the U.S. residents as originally reported. |
The Motley Fool December 5, 2008 Dan Caplinger |
Can You Afford This Bailout? Companies including MetLife, Manulife Financial's John Hancock division, and Genworth Financial have increased long-term care premiums -- increases that many policyholders never expected to see. |
InternetNews January 26, 2010 |
Average Cost of Data Breach $6.75m in 2009 New study from Ponemon Institute and PGP Corp. shows rising costs for businesses associated with data breaches. |
The Motley Fool June 28, 2005 |
How Much Personal Liability Insurance Do You Need? Be smart, and don't end up with too much or too little. |
BusinessWeek July 30, 2007 Matthew Goldstein |
Even The Insurers Have Hopped On Board Most insurers also realize life settlements aren't going away -- and so they're getting into the game. By sinking money into the sector, insurers can get back at least some of the money they now have to pay out in death benefits. |
CIO April 25, 2014 Lucian Constantin |
5 Things You Need to Know About Cybersecurity Insurance Cybersecurity insurance transfers some of the financial risk of a security breach to the insurer. But it doesn't do a good job of covering the reputation damage and business downturn that can be triggered by a security breach. |
Commercial Investment Real Estate May/Jun 2015 Mary Stark-Hood |
Liability Solutions Commercial real estate practitioners need to be concerned about liability issues that can result from handling complex transactions. A comprehensive real estate errors and omissions policy is a necessity. |
CIO November 1, 2001 Sarah D. Scalet |
See You in Court Inadequate security leaves companies open not just to hackers but to lawsuits. Realize why lawsuits over failed information security are imminent. Determine how your company may be liable for damage caused by hackers. Learn how to prepare and respond... |
The Motley Fool June 7, 2007 Selena Maranjian |
Who Needs Umbrella Insurance? It might surprise you how handy -- and inexpensive -- this insurance can be. |
CFO January 1, 2006 John McPartlin |
Hackers Find Backers Large organizations should prepare themselves for more-clever and more-targeted attacks against their security infrastructures this year. Computer crime is now a game for professionals. Are companies prepared to respond? |
InternetNews March 3, 2010 |
Financial Services Firms Ripe for Data Attacks Study finds porous data protection policies and technologies are putting millions of customers - and their assets - at risk. |
CIO July 29, 2015 Heidi Shey |
Data privacy is now a competitive differentiator How you handle confidential data may spell the difference between consumer loyalty and business disaster. |
Bank Technology News February 2007 Andrea Klein |
Losses Rise If Reputation is Compromised The banking industry has begun to recognize the true cost of a tarnished reputation. The next and more challenging step for many is mitigating reputational risk, especially as it relates to online security breaches. |
The Motley Fool January 13, 2006 Rich Smith |
People's Bank Joins the Butterfingers Gang The best solution to the ever-prevalent mishandling of personal records would be for all banks to follow ABN AMRO's lead and commit to cease mailing clients' personal information by non-secure couriers, and to make all future data transfers via encrypted electronic transfer. |
CFO March 15, 2006 John Edwards |
Commanding Data Will a raft of federal, state, and local requirements ever lead to a single information-security standard? For corporate officers in charge of compliance, the prognosis is not good. |