Cybersecurity Ventures’ Q2 Cybersecurity Market Report has found that “worldwide spending on information security was expected to reach $71.1 billion in 2014,” and increase to roughly $155.74 billion by 2019.
A recent report highlights the increased threat of cyber attacks that the airline industry currently faces. The danger that stands out the most is the ability for hackers to gain control
Reinsurer Munich Re and technology firm Hewlett-Packard are partnering to develop a product to offer comprehensive protection against cyber risks by “understand[ing] and assess[ing] the specific digital risks of major companies as precisely
The NAIC has issued 12 principles that will ‘”serve as the foundation” for any insurance regulation aimed at protecting sensitive customer information kept by insurers and producers.”‘
According to Gov. Terry McAuliffe, Virginia plans on launching an Information Sharing and Analysis Organization for state agencies and companies to exchange cyber threat data.
In February, The Council launched its first ever Cyber Market Watch Survey, which was developed to gauge the emerging cyber insurance marketplace. Although the survey responses were too narrow to be
The Treasury Department’s Federal Advisory Committee on Insurance will be discussing cybersecurity at their next meeting. The Federal Register notice stated that the agenda would focus on cybersecurity in the
The White House has publicly supported two major cyber bills coming to the house floor this week. In two separate Statements of Administration Policy, the White House has voiced support for
House Homeland and House Intel info-sharing update.
While speaking at a Dow Jones Risk & Compliance forum, New York State Superintendent of Financial Services Benjamin Lawsky, said that cybersecurity will probably be the most important issue of 2015 as
