Cyberattacks launch cyber insurance industry

Global Business

Simon Gilbert2

The European Union may be on its way to developing a uniform cyber security policy combining 28 national systems into one. Key legislation just passed the committee stage in the European parliament, with approval still required by the member nations’ leaders.

CCTV America’s Michelle Makori spoke to Simon Gilbert, Managing Director at Elmore brokers and asked him about an insurance that businesses can buy to offset the damages from cyber attacks.

Cyberattacks launch cyber insurance industry

Cyberattacks launch cyber insurance industry

CCTV America’s Michelle Makori spoke to Simon Gilbert, Managing Director at Elmore brokers and asked him about an insurance that businesses can buy to offset the damages from cyber attacks.

U.S. lawmaker Justin Amash has submitted legislation to repeal the country’s Cyber security Act of 2015. The act is less than a month old, but critics say it is anti-privacy.

The White House says it was a major step towards fighting cyber attacks.

Hackers from the Anonymous collective have pushed two of Nissan’s websites offline. The activists say it’s “punishment” for Japan’s killing of whales and dolphins.