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Subscribe to this list via RSS Blog posts tagged in Hacktivism

In the early 2000s, just around the time of the Dot Com Boom, some insurers stood up, took notice and began to develop a product designed to address the financial loss that might arise out of data breaches. This was at a time where most companies were just beginning to realise the economic potential of the Internet. At this time insurers were looking  to target the big dotcom companies such as Amazon, Yahoo, eBay and Google.  


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Within my previous blogs I have provided various reasons & scenarios as why businesses today should seriously consider buying Cyber Liability Insurance. I am now able courtesy of CFC Underwriting to provide ten reasons to buy Cyber Liability Insurance. CFC Underwriting are one of the UK's major providers of Cyber Liability Insurance and are therefore extremely well placed to provide this information.


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The UK finds itself in the top ten for the first time in 2012 jumping eight places to seventh following a significant rise in hacking with the USA topping the league ahead of China and Russia. The last few years have seen a marked rise in "hacktivism" and following the infamous hacking of the Sony PlayStation Network the landscape has now changed forever with LinkedIn only recently having been hacked as well.hack origins

More and more Mobile Applications and Non-Mobile Applications are converging on us and people are continuing to download applications without thinking. Users are asking for more seamless plug and play technology such as HDMI, USB & SD Cards bringing with them more complexity and in consequence greater vulnerability. It is worth noting that the total bill for cybercrime footed by online adults in twenty four countries was circa $388 billion over the last twelve months.

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