Make Sure Your Data Recovery Firm Is Acting in Your Best Interests; A Smart Insurer Can Help In mitigating cyber risk, work with an experienced insurance carrier that uses ethical vendors. A recent piece by Pro Publica on the shenanigans of some data recovery firms should have gotten risk managers wondering whether the data recovery […]
Tag: Beazley
Beazley on Yahoo Finance
A data breach ‘isn’t always a disaster, mishandling it is’ – Yahoo Finance Video – Beazley, a specialty insurance company, has created a new division to help companies prevent and navigate a cyber attack. Paul Bantick, Head of Cyber and Tech at Beazley Group, says “a data breach isn’t always a disaster, mishandling it is.” Yahoo Finance’s Alexis Christoforous speaks to him.
Beazley in Wall Street Journal
Ransomware Is Booming and Companies Are Paying Up For companies concerned about the soaring number of ransomware attacks–in which hackers take control of data or systems and demand payment to release them–the good news is such ransoms are typically small, often in the hundreds of dollars. Read more here: http://blogs.wsj.com/riskandcompliance/ 2016/10/27/ransomware-is-booming-and-companies-are-paying-up/
Beazley in Modern Healthcare
Hospital pays hackers $17,000 to unlock EHRs frozen in ‘ransomware’ attack A Southern California hospital’s computers have been restored after it paid a $17,000 ransom in bitcoins to hackers who infiltrated and disabled its network. The gambit isn’t new, but it appears to be on the rise. Read more here.
Beazley in CNBC
Another big health risk that can really hurt you 95 million patient records of Americans were hacked last year, and that’s just the beginning. Read more here.
Beazley in Health Data Management
Not Certain of ICD-10 Readiness? Get Insurance Business insurance firm Beazley Group recently enhanced its healthcare line of coverage with a new focus: ICD-10 liability. Read more here.
Beazley in Medscape
Key Reasons to Consider Buying Cyber Insurance By Michael J. Sacopulos, JD Hackers Are After Your Data Technology, specifically computer software, has been an overall boon to medical practices, making everything from recording a patient’s history to billing insurance companies and coordinating care with other physicians faster and easier. But as recent news stories remind […]
Beazley on cyber insurance
Cyber insurers add value with access to expert resources As more organizations realize they need to improve their cybersecurity posture, insurers have begun to offer more than a simple risk transfer, adding pre-breach services, risk assessments, and expert resources to help clients prepare for what some consider “inevitable” breach events. Read more here.
Beazley Quoted in New York Times
Anthem Hacking Points to Security Vulnerability of Health Care Industry The cyberattack on Anthem, one of the nation’s largest health insurers, points to the vulnerability of health care companies, which security specialists say are behind other industries in protecting sensitive personal information. Read more here.
Beazley in NPR-All Things Considered
Anthem Hack Renews Calls For Laws To Better Prevent Breaches The call for more systemic changes to prevent mega-hacks is getting louder after hackers hit Anthem, the nation’s second-largest health insurer. The company says cyberthieves gained access to the addresses, employment information and Social Security numbers of 80 million customers and employees. Read more here.
Beazley on Fox Business
Will insurance cover Sony’s hack? – Beazley CEO Andrew Horton discusses how the Sony hack will impact the insurance industry.
Beazley on Fox Business
Insuring against cyber attacks – Beazley Breach Response Unit Head Katherine Keefe on how companies can protect themselves financially from cyber attacks.
Beazley in the LA Times
Possible data breach at Home Depot highlights retailers’ vulnerability The possible data breach at Home Depot Inc. that came to light this week has raised anew the question of whether retailers can prevent — or at least do more to stop — hackers from swiping customer information. Read more here.