In this age of cyber risk, it becomes more important than ever to carefully examine one’s cyber insurance policies. A recent data breach left a large restaurant chain, P.F. Chang's, culpable for Payment Card Industry Data Security Standard (PCI-DSS) fines assessed by its processing bank, when its carrier denied coverage. The case is in appeal, but is another example of the magnitude of losses associated with PCD-DSS. Read on to learn more about this issue.

Integro today introduced an innovative Cyber Risk practice with a cutting-edge focus: the protection of ‘knowledge assets’, those exposures that go beyond the commonly accepted definition of data. The risks associated with knowledge assets are highlighted in the cyber study recently issued by the Ponemon Institute and Kilpatrick Townsend.

Some of the biggest threats to information security involve controlling, damaging and interrupting systems while denying access to critical data and destroying data — rather than breaches. Organizations need to make certain that their security protocols take into consideration the protection of the “knowledge assets” that differentiate them from their competitors.