Cyber Liability Symposium Archives - Page 13 of 13

Analyzing Cyber Breach Data

The 2013 Data Breach Investigations Report from Verizon is an in-depth and fascinating look at the numbers behind data breaches. Christopher Novak, one of the co-authors of this report and Director of Global Investigative Response at Verizon is scheduled to speak at the inaugural PLUS Cyber Liability Symposium, April 24 and 25 in Atlanta. He will certainly be discussing some of this data, and maybe even give a sneak peek at some of the data for the 2014 update. Check out some of the highlights from the report below: The Vast Majority of Threats are External With 92% of threats [...]

The Target Breach and Cyber Insurance

By PLUS|2014-02-27T11:16:25-06:00February 27, 2014|Current Events, Cyber, Cyber Liability Symposium|2 Comments

On Wednesday Reuters published an article on the Target Data Breach that included a look at how cyber liability insurance may help defray some of the breach expenses. From the article:Target said of the $61 million in expenses related to the breach during the quarter, $44 million were offset by an insurance payment, bringing the impact to $17 million.Mark Rasch, a former cyber crimes prosecutor who worked on some of the biggest U.S. payment card breach cases, said that it was too early to estimate how big the bill would be, but it would certainly be in the hundreds of millions [...]