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The theft of intellectual property from the U.S. is "unprecedented," and costs the nation an estimated $300 billion each year, according to the IP Commission Report, issued in May.
Worse, corporate employees—through their information sharing practices—are making it easy for IP thieves.
Beazley, the pioneer in breach response insurance, announced today the addition of PwC to the panel of specialist service providers available to Beazley Breach Response (BBR) policyholders. Beazley's BBR clients now have access to one of the world's largest forensic services providers to investigate suspected data breaches and network intrusions and contain the issue as swiftly as possible.
In this video, from Ace Group, Iain Ainslie explains how Cyber Risk is changing and how it now affects most business.
Iain talks on the disruption, liabilities and the expenses associated with a security breach. He argues that Cyber Risk is no longer just an IT issue, but a top line business risk that needs to be managed at board level.
The annual Global State of Information Security® survey of more than 9,700 security, IT, and business executives has found that the total number of security incidents detected by their respondents climbed to 42.8 million this year, an increase of 48% over 2013. That’s the equivalent of 117,339 incoming attacks per day, every day.