Cyber Security Exposures for Cloud Based Storage

Companies that have moved their data management systems to a cloud-based platform or who are contemplating moving to a cloud-based platform need to consider the implications, challenges and exposures.  "There is jurisdictional ambiguity surrounding the technology, both in terms of data security and breach of notification laws, as well ...
Posted: 3/6/2013 2:49:49 PM by MSI

U.S. Federal Reserve subject of Hacker Breach - Cyber Attack

The on-line intrusion was publicized by activist group Anonymous.  The integrity of the Fed's systems is vital to ensure confidence in its ability to securely transmit highly confidential information, including communications about U.S. monetary policy and the banks that it supervises.  Cyber attacks have increased substantially a...
Posted: 2/12/2013 2:35:19 PM by MSI

Canadian Privacy Breaches

Grey Swan Advisory just released an article written by Murn Meyrick outlining Privacy Breaches specific to Canada.  The article outlines Canadian specific examples of recent privacy breaches and the damages that have been incurred.  Canadian companies are now experiencing first-hand the repercussions of a security breach.  If you ...
Posted: 1/30/2013 1:50:09 PM by MSI

Drake International the latest victim of hacking and extortion scheme

The Financial Post released an article outlining the latest hacking scheme for which the target was Drake International.  The hackers were seeking to extort payment in exchange for not releasing personal information of people who have used Drake's services.  These types of incidents are on the rise and companies need to prepare the...
Posted: 1/11/2013 9:46:17 AM by MSI

Privacy and Data Security Exposures of Small and Mid-Sized Companies

Advisen Insurance Intelligence recently released an article outlining privacy and data security exposures for small and mid-sized companies.  The report provides eye-opening information that companies need to be aware of.  The report outlines the exposures, the costs, the defence and insurance coverages available for SMB's to ...
Posted: 1/8/2013 12:54:50 PM by MSI

Cyber Insurance as a Revenue Driver

by Greg Shields Considered by most companies to be a cost without a budget, cyber insurance might soon be a revenue driver. The existence of privacy/data/security/technology (aka “cyber”) risks and cyber insurance products should not be a surprise to most CSPE members, as the focus of privacy and data protection regulation has bee...
Posted: 12/17/2012 2:56:29 PM by MSI

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