While data theft and cyber risk are major threats facing organizations, existing research suggests that most organizations do not have sufficient protection to prevent data breaches, deal with notification responsibilities, and comply with privacy laws. This article explores how insurance...

There have been a few headlines lately reporting how blockchain technology and smart contracts will add an astounding business value. For instance, McKinsey reports that blockchain-based smart contracts can save nearly $50 Billion in B2B transactions. Further, Accenture suggests that...

Developments in information and communications technology, infrastructure improvements and technology adoption in the last decade have significantly changed the lives of the people and provided new opportunities for consumers and businesses. It brings consumers online and familiarity and comfort...

Against a backdrop of annual data breaches compromising approximately one billion global records and an average data breach cost of nearly six billion dollars, the absence of clear US federal strategy for data breach notification and security requirements threatens both consumer privacy and...

This report provides the key findings of an OECD survey on comparability in personal data breach notification (PDBN) reporting that was implemented from June 2019 to February 2020. The main findings show a general trend towards mandatory PDBN regulation and identify internationally comparable...

Cybersecurity is becoming imperative as data breaches and information theft occur frequently and impact an immense number of people. The current federal regulatory scheme fails to hold corporations accountable for negligent data management and victims of these deficiencies face several obstacles...

1. Characterisation of cyber-incidents; 2. Need for convergence in incident reporting schemes; 3. Optimising information sharing; 4. Need for benchmark statistics on cyber-trends; 5. Complementary policies to reinforce prevention; 6. Complementary policies to strengthen responses in case of...