Category Archives: Risk management

Minimizing Litigation Risk: What Cybersecurity Auditors Can Learn From Their Financial Statement Auditor Analogues

Data breaches – always critically important to those with responsibility for storing, transporting and protecting electronic information – have become an all-consuming topic of late. Stories about data theft dominate political headlines, boardroom discussions, and family meetings around the dinner table.  They, of course, have also been the subject of government investigations and private litigation.

The current environment is not unlike other moments in our recent past that seemed to have captured the attention of Wall Street,… More

Cyber Insurance: Prevalent But By No Means Ubiquitous

A recent survey from the credit score company FICO has some interesting numbers on the prevalence of cyber insurance in the US.

  • 50% of US companies have no cyber insurance.
  • 74% of US healthcare companies have no cyber insurance.
  • 27% of US companies say they have no future plans to acquire cyber insurance.

Today, you can expect the more traditional types of business insurance,… More