Despite the spate of high-profile data breaches over the past six months, a recent study by Advisen and Zurich suggests that companies are still reluctant to acknowledge and/or address the significant risk posed by cyber and privacy breaches — particularly smaller companies. This past month, Advisen issued the Zurich-sponsored study A New Era In Information… Continue Reading
Category Archives: Corporate Governance/Reporting
Subscribe to Corporate Governance/Reporting RSS FeedDisclosure of Cyber Risks & Insurance Required by SEC
Posted in Business Practices, Corporate Governance/Reporting, Coverage, Cyber Breach, Insurance, SECOver the past few years, cyber risks slowly have become more of an issue for C-suite executives and corporate boards. However, new guidelines issued by the SEC requiring that companies disclose such risks and relevant insurance coverage will likely push cyber security and insurance onto the C-suite agenda quicker than ever. Acknowledging that cyber attacks are becoming… Continue Reading