Posts Tagged ‘terror’



November 5th, 2013

Cyber Attacks - Vulnerable Data and the Consequences of a Breach

Posted at 1:00 AM ET

The types of data at risk from cyber attacks include consumer data, employee information and business partners’ information. Table T-1 defines these specific categories of data. The confidentiality of this type of information is critical to a company’s success.

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November 4th, 2013

The Rise of Cyber Attacks

Posted at 1:00 AM ET

Cyber attacks are on the rise, with several recent high-profile examples. Indeed, 2012 broke the previous record in terms of the number of reported data loss incidents. With 2,644 incidents recorded through mid-January 2013, 2012 more than doubled the previous highest year on record (2011). Furthermore, the extent of attacks is likely to be far higher since around 20 percent of reported incidents did not disclose the number of records involved (1).

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November 4th, 2013

Range of Cyber Risks

Posted at 1:00 AM ET

Cyber risks range from legal liability and computer security breaches to privacy breaches of confidential information. Data breaches typically involve the intent to either copy, extract or destroy data. However, the risks that companies face transcend simple data incidents and often include the broader range of perils associated with the structural vulnerability of our economy to failures of technology generally. Further risks include cyber extortion, cyber terrorism, loss of revenue due to a computer attack, recovery costs, reputational damage and supply chain disruption.

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October 23rd, 2013

Guy Carpenter Insights on A.M. Best’s 2013 Updates

Posted at 1:00 AM ET

snyder_jack_bioJack Snyder, Managing Director

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A.M. Best has recently issued several insurance ratings updates. Guy Carpenter has reviewed those updates and has key insights to help companies better understand their potential impact.

 

 

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May 6th, 2013

Recent Terrorism Stories on GC Capital Ideas

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas stories that cover terrorism. 

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April 17th, 2013

Chart: Countries Operating Compulsory or Optional Terrorism Pools

Posted at 1:00 AM ET

A summary of the compulsory and optional terrorism pools that operate around the globe.

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April 16th, 2013

Update: Explosions - Boston Back Bay Area

Posted at 9:12 AM ET

boston1small1Two explosions in Boston, Massachusetts killed at least three people and injured more than 140 on Monday, April 15. Both explosions occurred in the Boston Back Bay area at about 2:50 PM EDT (18:50 UTC). The blasts occurred near the finishing line of the Boston Marathon, some four hours into the race. One blast occurred near a sports store and the other close to a viewing stand, near 673 Boylston Street at the intersection of Boylston and Exeter. Details around the explosions are still incomplete but the Federal Bureau of Investigation (FBI) has launched a “criminal investigation that is a potential terrorist investigation.”

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April 16th, 2013

Explosions - Boston Back Bay Area

Posted at 7:47 AM ET

boston1smallTwo explosions were reported in Boston yesterday. The explosions occurred in the Boston Back Bay area at about 2:45 PM EDT (18:45 UTC), on Monday April 15. The explosions occurred after winners had finished the Boston Marathon. One occurred near a sports store, and the other near a viewing stand near the finish line. Explosion locations were reported near 673 Boylston St, or near the intersection of Boylston and Exeter.

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April 11th, 2013

Legislation Surrounding Insurance Covering Terrorist Acts

Posted at 1:00 AM ET

Here we review past GC Capital Ideas stories that have focused on legislation surrounding insurance covering terrorist acts.

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April 8th, 2013

Reevaluation of Terrorism Risk and Coverage Prompted by Global Unrest and Political Instability

Posted at 1:00 AM ET

The dramatic rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, has triggered a significant shift in the nature of terrorism risk and has highlighted the need for tailored terrorism and political violence protection, according to  “Tensions Building: the Changing Nature of Terrorism Risk and Coverage,” by Guy Carpenter.

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