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Cyber Risk Legal Update - 2016

DAC Beachcroft Adviser Newsletter

Cyber Risk legal update | May 2016

Government pushes Cyber Security Strategy

2016 sees the launch of the UK's second National Cyber Security Strategy.  The first was launched in 2011 as a result of the 2010 National Security Strategy, which identified cyber crime as one of the top threats to the UK.  

WEBCASTS | Cyber Risk Insurance | BI Insurance, Claims & case studies


This Webcast provides a brief introduction to the often intangible nature of cyber disruption and what this means to your business.

More and more business interruptions are being caused by the effect on an IT event. In this short series of videos we look at how this is changing business and what firms can do to help protect themselves.    

Cyber Risk Legal Update - January 2016

DAC Beachcroft Adviser Newsletter

Cyber Risk legal update | January 2016

Newsletter | Cyber Insurance, Privacy & Data Security

A milestone has been reached in the world of data protection law.  After three years of detailed discussions political agreement has been reached between the European Commission, Council and Parliament on the final text of the General Data Protection Regulation (the GDPR).
The GDPR will replace the Data Protection Directive 95/46/EC and therefore the UK Data Protection Act 1998 and will be directly applicable in all Member States without the need for implementing legislation.  The legislative process will be complete once the text is formally adopted by Council and Parliament, which expected in the coming months.  The GDPR will come into effect two years from formal adoption and is therefore anticipated to take place in the first half of 2018. Further detail about the key features of the GDPR is provided here.

Cyber Risk Legal Update - August 2015

DAC Beachcroft Adviser Newsletter

August 2015 Cyber Risk legal update

Cyber Insurance, Privacy and Data Security Newsletter

With our sincerest apologies to Miss Jessie J, this month the newsletter is all about the money, money, money with cyber insurance rapidly becoming the new bling-bl-bling.
The estimated cost to the UK economy from cyber threats amounts to billions of pounds each year and has nearly doubled between 2013 and 2014. 

Cyber Crime and Coverage Issues

Cyber Fraud - Insurance Coverage and Financail Crime Financial cyber-crimes are becoming such a frequent feature in the media that one might be forgiven for feeling a little "cyber-fatigued."

However, the scale of the thefts from financial institutions, as reported by Kaspersky Labs recently, are arguably unique in their scale and audacity. Kaspersky describes hooded "money mules" waiting at ATMs, controlled remotely to dispense cash at a particular time without the need for a bank card.

Cyber Risk Legal update - March 2015

DAC Beachcroft Adviser Newsletter

March 2015 Cyber Risk legal update

Information Security and Data Protection for Financial Services

On 2 March, I braved the snow, and crossed a picket line (PCS members working at the Information Commissioners Office chose the conference day to escalating their campaign of strike action for fair pay) to attend the annual ICO Conference in Manchester.