COVID-19: Cybercriminals capitalize on global fears

As COVID-19 continues to spread, cybercriminals have used a variety of tactics to exploit the widespread fear of infection and hunger for news and/or protective merchandise. Cyberfraud is prevalent and will only increase as more and more business is conducted online. Billions are lost each year as a consequence. As an international finance and banking … More COVID-19: Cybercriminals capitalize on global fears

The evolution in self-driving vehicles: Trends and implications for the insurance industry

Read the full report here. A number of social, economic and technological trends are working together to disrupt mobility. The automotive industry, in particular, is experiencing a massive amount of change. In the not-too-distant future, fully autonomous vehicles will be the norm rather than the exception, redefining urban mobility as we know it — and … More The evolution in self-driving vehicles: Trends and implications for the insurance industry

Cyber economics: getting the board on board with cybersecurity

This article was first published on betterworkingworld.ey.com Could you explain how a cyber breach affects your bottom line? Cyber economics aims to do just that What is the true impact of a cyber breach? Lost data? Angry customers? A negative hit to your corporate reputation? With so many variables, many of which can be difficult … More Cyber economics: getting the board on board with cybersecurity

Just because the law allows you to use data in a particular way, should you?

Excerpt from EY report, Data ethics: digital dilemmas for the 21st century board. Just over 10 years since the phrase ‘data is the new oil’ (Clive Humby, 2006) was coined, the oil rush is gaining momentum. Companies are competing to create new markets and business models enabled by this rise in data, and unearth fresh … More Just because the law allows you to use data in a particular way, should you?

Survey shows utilities’ cybersecurity not keeping up with technology

An overwhelming majority (89%) of power and utility executives say their cybersecurity function does not fully meet their organization’s needs, according to the EY Global Information Security Survey 2016-17. That number continues to rise compared with last year (86% in 2015) as companies struggle to manage increased risk from growth in digital and connected devices. … More Survey shows utilities’ cybersecurity not keeping up with technology

China is strengthening its legal framework for the digital economy

Following the adoption of the Cybersecurity Law of China (CSL) on 7 November 2016 by the National People’s Congress (NPC), the legal framework for data protection and cybersecurity continues to be enhanced at a significant pace. In November 2016, the Ministry of Industry and Information Technology released for consultation a draft Notice on Regulating the … More China is strengthening its legal framework for the digital economy

Incident response: Preparing for and responding to a cyber attack

It’s not a crime to be attacked; you can’t stop being a target. It’s not a crime even to be breached; threats come from many directions and are highly sophisticated. The real problem is not realizing you’ve been breached, and failing to react in a planned and coordinated manner. As many organizations have learned – … More Incident response: Preparing for and responding to a cyber attack

EY Global Information Security Survey 2016-17: cyber resilience – regulatory and legal considerations

Excerpt taken from EY’s 19th Global Information Security Survey 2016-17, Path to cyber resilience: Sense, resist, react. Threats of all kinds continue to evolve, and today’s organizations find that the threat landscape changes and presents new challenges every day. Organizations have learned over decades to defend themselves and respond better, moving from very basic level … More EY Global Information Security Survey 2016-17: cyber resilience – regulatory and legal considerations

Internet of Things: the possibilities and legal risk in media & entertainment

The Internet of Things (IoT) describes the connection of devices — any devices — to the Internet using embedded, software and sensors to communicate, collect and exchange data with one another. With IoT, the world is wide open, offering a virtually endless array of opportunities and connections at home, at work or at play. However, … More Internet of Things: the possibilities and legal risk in media & entertainment