Computer Security and Cyber Risk are amongst the hottest topics in business today with everyday new reports of data loss and business disruption being reported.
What are the Challenges and opportunities for the Insurance Sector
The global cost of Cyber Crime is estimated by the Center for Strategic and International Studies to be up to $575bn in it’s report entitled “Net Losses:Estimating the Global Cost of Cybercrime”, sponsored by McAfee.
The report tries to assess the impact on the global economy by looking at the range of costs and losses associated with Cyber Crime a create an approximate total.
In a just over two weeks in the run up to Christmas Target Corp (TGT) had a major Cyber Theft where up to 70 million Customer Credit Card details were stolen.
The Minneapolis based retailer, the second largest discount chain in the US, has generated costs already estimated to exceed $200m according to figures provided by the Consumer Bankers Association and the Credit Union National Association.
The City of London Police are holding a free morning seminar focusing on Cyber Security at Livery Hall, Guildhall, Basinghall St, London EC2
8.30 am Registration
9.00 am Welcome
DCI Trevor Dyson, City of London Police and Claire Lambert, Charter Security