Cyber Risk News

Security Expert Practices ‘Cyber-Hygiene’ to Guard Against ID Theft

You won’t find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a phishing scam. Chertoff, former secretary of …

Secret Service Agent Says Many Cyber Breaches Go Unreported

Many breaches in data security may be going unreported by American businesses. That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field office. “Businesses simply don’t report it,” said Arthur, who was speaking in …

Advisen: Historians May See 2013 as ‘Cyber Tipping-Point’

Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New York-based commercial insurance research and data …

Las Vegas Sun: Cyberattack Behind Website Outage

Officials at the Las Vegas Sun say a cyberattack crashed their website for several hours Tuesday morning. Donn Jersey, the publisher of the website and its sister sites, says the outage apparently started a little after 6 a.m., and was …

Travelers Launches Online Cyber Risk Resources for Business Owners

Travelers has introduced a suite of online resources to help business owners navigate the growing threat of cyber risks while also protecting their assets and their customers’ information. The launch of the new resources coincides with the start of National …

Lloyd’s CEO Richard Ward Reflects on ‘Nearly 8’ Eventful Years

Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he leaves Lloyd’s …

Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec

Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said on Tuesday, and it linked the group to some of the best-known cyber-espionoge attacks out of China in recent …

Willis Report Finds Many Firms Silent on Cyber Risk

Fortune 1,000 firms in the health care, technology and insurance sectors top the list of industry groups most concerned about cyber threats, but many public companies still appear to be avoiding seriously addressing the risk, according to a report by …

Concerns Over Cyber Security Risks Outweigh Traditional Risks for Large Firms: Study

Cyber security risks have become more worrisome to large organizations than traditional natural catastrophe risks, according to a new study released today. The study, titled “Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age” and conducted …

Colorado Clinic Reports Breach Of Privacy Rules

A Denver-area spine clinic says it has fired an employee in its billing department who improperly emailed some patients’ protected information to her personal account, but it doesn’t appear anyone’s personal information is at risk. Rocky Mountain Spine Clinic in …