Report: Cyber Insurance Market Expected to Reach $7.5 Billion By 2020.

The global cyber insurance market is expected to triple in size, reaching an estimated $7.5 billion in annual premiums by the year 2020, according to a new research study from PwC..
“Cyber insurance is one risk transfer option. Yet, while many insurers have eagerly embraced the revenue growth opportunities opened up by cyber insurance products, others believe that this is too big a risk for them to take on.” 

Phishing Your Employees: Clever way to Promote Cyber Awareness.

 



 
 

Employees are the weakest link when it comes to enterprise security, and unfortunately hackers realized this years ago. All an attacker needs to use some social engineering tactics against employees of companies and organizations they want to target. A massive 91% of successful data breaches [...]. 

Why hackers want kids’ personal information.

Data breaches give hackers a chance to cash in, and no personal information is more valuable to cyber criminals than a child’s. 

It’s a surprising fact in the age of the massive cyber attack. While adults might fret when their financial data is stolen in a breach, it’s their kids’ identities they should be worried about, experts say.