resources

Mishcon de Reya report on Data Theft

Data theft and what they are stealing - report -

This report from Solicitors Mishcon de Reya examines a sample of 150 data theft cases handled by firm in recent years.

The research has focused on cases involving dishonest employees and industrial competitors and can help you to identify where your organisation may be vulnerable.

Cyber Street Wise campaign targets Cyber Security

According to a government report released last year, 87 per cent of small firms surveyed suffered an online security breach in the previous 12 months, including data corruption and loss as well as hacking and fraud.

The financial losses associated with cyber crime are just as significant for small businesses as they are for larger ones and small businesses need to do more to protect themselves and their customers online.

ICAEW highlights Cyber Risk in Corporate Finance

David Willetts, Minister for Universities & Science, has launched a new guide from the ICAEW giving practical advice to the corporate finance sector, with Government and industry backing.

The guide urges companies to make cyber-security a higher priority during transactions.

NIST publishes draft Cyber Risk Framework

Link to NIST Computer security portal

The US National Institute of Standards and Technology (NIST) has now released its draft of the delayed cyber security framework recommendation for Information Technology best practices.

The document which was produced in response to President Obama’s executive order in February 2013 details the result of the work undertaken within industry are being adopted by organisations aimed at improving the cyber security of critical infrastructure organisations.

Guidance

Introduction to the CRIF Framework

Harvard Business Review highlights the Cyber Risk Challenge

A report sponsored by Zurich Insurance Group and FERMA from Harvard Business Review Analytic Services is highlighting the challenge facing business as it faces up to the task of securing data and meeting the increasing demands of laws, regulations and stakeholders.

Ponemon 2013 Cost of Data Breach study - higher costs & larger scale

Companies in this year’s Poneman Institute 2013 Cost of Data Breach study shows UK companies reported that their data breaches were larger in scale and resulted in a higher rate of churn. Losses continued their rise this year by nearly 10%.

Information Security and Cyber Liability Risk Management

For the second consecutive year Advisen Ltd administered a survey sponsored by Zurich to gain insight into the current state of and trends in information security and cyber risk management in Europe.

The survey was conducted for 10 days beginning on Monday, 11 February, 2013, and ending on Wednesday, 20 February, 2013. The survey was completed at least in part by 41 risk managers, insurance buyers and other risk professionals.

Cyber Security Insurance Workshop Report - NPPD/DHS

In November 2012 the National Protection and Programs Directorate of the US Department of Homeland Security released the findings from its Cybersecurity Insurance workshop.

The workshop was delivered in November and engaged with a diverse group of stakeholders to discuss how organisations may better develop an effective connection between the cyber security activities they undertake and the broader topic of insurance. Over 60 participants attended to discuss the issues and opportunities.