Nearly three out of four organizations have been plagued by at least one security breach or incident in the past year, with about 60 percent of breaches categorized as serious.
On November 2, 2011, the day before a G-20 conference of world leaders was slated to open in Cannes, an FBI agent unwittingly left a folder on the counter of a Lebanese restaurant.
There are myriad security risks in giving third-party vendors access to your network and data. If a third party gets hacked, your company can lose vital business data, and confidential employee information can be compromised.
A new report says that while cyber liability insurance has proven effective in covering many cyber-related losses, the majority of small breaches often fall below cyber insurance policy deductibles that trigger coverage, leaving organizations to manage and pay for all breach response.
