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Survey: Businesses' takeup rate for cyberinsurance is 25%

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smartbrief.com

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allclear@smartbrief.com

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Thu, Apr 28, 2016 06:45 PM

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Report: Big data behavior analytics can boost cybersecurity | Survey: Businesses' takeup rate for cy

Report: Big data behavior analytics can boost cybersecurity | Survey: Businesses' takeup rate for cyberinsurance is 25% | Email Privacy Act passes in House, heads to Senate Created for {EMAIL} | [Web Version] April 28, 2016 [Â] [Data Security & Privacy SmartBrief] [SIGN UP] ⋅ [FORWARD] ⋅ [ARCHIVE] Top Story [Report: Big data behavior analytics can boost cybersecurity] Big data analytics that track behavioral trends in an organization can be beneficial in combating cybercriminals, a Business Application Research Center report states. The survey revealed 53% of businesses using big data in this manner reported a "high" benefit to business, while 41% reported a "moderate" benefit. [ComputerWeekly.com (U.K.)] (4/25) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Data Security & Privacy [Survey: Businesses' takeup rate for cyberinsurance is 25%] One-quarter of US businesses have purchased cyberinsurance as policies have become more accessible, a survey by the Council of Insurance Agents & Brokers has found. About two-thirds of organizations renewing in the past six months kept their cyberinsurance coverage level the same, while the remainder expanded their coverage, the survey found. [Business Insurance (tiered subscription model)] (4/27) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] - [Email Privacy Act passes in House, heads to Senate] The Hill (4/27) Cyber Risk [Small businesses faced with threat of cyberattacks] Cybercriminals have increasingly shifted their focus to small businesses in recent years, reports cybersecurity company Symantec. Last year, 43% of cyberattacks were launched against businesses with fewer than 250 workers, Symantec found. The House Committee on Small Business discussed the issue during recent hearings. [Fox Business] (4/27) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [Report: Bank Web apps are a major target for hackers] Forty-eight percent of data breaches among banks last year involved Web apps, and two-factor authentications are the best way to fight them, Verizon's Data Breach Investigation Report states. The report also states that banks are still seeing distributed denial-of-service attacks, that phishing is a common starting point for breaches and that hackers are targeting vulnerabilities that have been known for years. [AmericanBanker.com (free content)] (4/26) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] By the Numbers [Survey: 40% of business leaders bear no responsibility for cybersecurity] There is a dangerous information gap between enterprise leaders and their IT departments, Stuart Levine writes. Approximately 40% of leaders reported that they bear no responsibility for cybersecurity, leaving the chief information security officer and IT department to shoulder the burden, a survey of 200 directors found. [Forbes] (4/25) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Practice & Policy [How to protect your online business from cybercriminals] Taking advice from a number of experts, columnist Jennifer Schiff lists ways businesses can boost cybersecurity when doing business online. The tips include making sure employees are educated on security, using a secure platform, using a trusted host provider, installing encryption and firewalls, and using multifactor authentication. [CIO.com] (4/27) [LinkedIn] [Twitter] [Facebook] [Google+] [Email] - [How college IT departments can balance privacy and security] EdTech magazine online (4/26) AllClear ID News Is your team ready for a data breach? As data breaches increase in scale and frequency, businesses must prepare today to ensure an effective, customer-focused response. Consumers, regulators and the media want a well-orchestrated response launched just days after a data breach, and preparation in advance is critical to success. [Download this Incident Response Workbook] and learn: - Key considerations for data breach preparation and customer notification - Best practices for the customer-facing aspects of data breach response - Recommendations for planning and executing a well-orchestrated response [LinkedIn] [Twitter] [Facebook] [Google+] [Email] 4 steps to respond more effectively after a data breach The most thorough preparation pre-breach won't matter if your response team is derailed by emotions like denial, tunnel-vision and anger. [Download this whitepaper], Factoring the Human Element Into Your Data Breach Response, to learn which emotions are most likely to derail your team and steps you can take now to be ready to address them during a crisis. [LinkedIn] [Twitter] [Facebook] [Google+] [Email] Learn more about AllClear ID: [About AllClear ID] | [AllClear ID Breach Response] [AllClear ID Resources] If you are not willing to risk the unusual, you will have to settle for the ordinary. Jim Rohn, entrepreneur and motivational speaker [LinkedIn] [Twitter] [Facebook] [Google+] [Email] [Sign Up] [SmartBrief offers 200+ newsletters] Subscriber Tools: [Manage Subscriptions] [Update Your Profile] [Unsubscribe] [Send Feedback] [Archive] [Search] Contact Us: Editor - [Amanda Gutshall] Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 © 1999-2016 SmartBrief, Inc.® [Privacy policy] | [Legal Information] Â

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