Posted on 10/24/2016 8:00 AM By Keith Savino
An article came across my desk last week, that immediately caught my attention. A recent story in CFO online magazine has given me the news I had been hoping for. Finally, I am seeing the results of everything I have been working for, recommending, advocating and advising my clients, for the last 10-years….
Love this statistic:
“A September survey by the Risk and Insurance Management Society found that 80% of the companies recently surveyed, purchased a stand-alone cyber-security policy in 2016.”
The takeaway: Policies covering exclusively cyber exposures are becoming the new normal for many large companies.
Yahoo! Mail, is one of the largest and latest data hacks that has grab headlines since Sept 22nd. More than 500 million users saw their passwords, phone numbers and other information accessed in an ongoing data breach. This continuous cavalcade of data breaches, ransom-ware, cyber extortions, theft of trade secrets and theft of intellectual property, has affected major corporation ...