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Nearly half of Bermuda businesses do not have a defined cybersecurity network, Government statistics reveal. A total of 48 per cent of professionals surveyed in the overview of technology on the island said they did not have defined cybersecurity. Ho...

Bermuda’s Vineyard Vines store has massively exceeded sales expectations, the brothers behind the brand have revealed. Shep and Ian Murray, who founded the US brand with its distinctive pink whale logo nearly 20 years ago, said its first internationa...

Up to 80 US lawyers are set to visit Bermuda in August after the American Bar Association’s annual conference in New York. The ABA has chosen the island for a four-day break following its annual meeting — a first for the organisation and a major boos...

A total of 98 per cent of Bermuda businesses have secure servers, according to a Government survey. And 90 per cent of businesses also have a disaster recovery or business continuity plan. The survey also showed that 79 per cent of businesses host th...

The former fiduciary arm of law firm Appleby has bought up a European financial services group. Estera, once part of Appleby, but now an independent business, has taken over Heritage Financial Services Group, which operates from offices in Guernsey, ...

Island-based investment manager HSCM Bermuda has invested $20.1 million in preferred shares in a reinsurance vehicle that will take over $35.3 million of seasoned workers’ compensation liabilities. The deal, on behalf of an unnamed company, was arran...

Bermudian law firm BeesMont has promoted two staff members to partners. Sharon Beesley, director and CEO of the law firm, said that Allan Doughty and Stephanie Paiva Sanderson had proved “invaluable assets.” She added: “We are really delighted to ann...

HSBC Bermuda yesterday apologised after it e-mailed personal information on customers to other account holders. The e-mails contained names, e-mail addresses, countries of residence, the name of the customers’ relationship manager and HSBC customer i...

The first television adverts for Goslings Rum in the US have proved a hit, according to the firm. A spokesman for Goslings in America said the adverts — which used Oscar-winning talent in the production — had sparked fresh interest in the 200-year-ol...

A Bermudian firm specialising in compliance and anti-money laundering has been signed up by the Bermuda Casino Gaming Commission. ADL Compliance will work to make sure that the gambling industry on the island is clean. Lanan Bascome, manager of ADL, ...