data breach News

Beazley Enhances Worldwide Breach Response Services

Beazley has enhanced its Beazley Breach Response (BBR) product to include expanded privacy breach response services and broader coverage The enhancements, which will come standard on all future BBR policies, will also further improve Beazley insureds’ ability to respond to …

Allied World U.S. Launches Coverage for Liability, Expenses of Privacy Breach

Allied World U.S. has launched Privacy//403 SRVS, a Specified Response Vendor Solution (SRVS) policy to provide coverage for liability and expenses associated with the compromise of sensitive information and information systems, in the event of a data breach. The Privacy//403 …

Archdiocese In Washington Says Data Breach May Lead To Fraud

The Catholic Archdiocese of Seattle says some employees and volunteers may be victims of national tax refund fraud because of a data breach. The Seattle Times reported that the archdiocese posted a notice about the problem Monday on its website. Archdiocese officials …

Texas-Based Michaels Stores Investigating Possible Data Breach

Michaels Stores says it is investigating a possible company data security breach that may have affected its customers’ payment card information. The Irving, Texas, company said it launched the probe after learning of possible fraudulent activity on some U.S. payment …

Companies More Vulnerable to Cyber Breaches Around New Year

A string of cyber attacks over the holidays — involving Snapchat Inc., Microsoft Corp.’s Skype and Target Corp. — underscore how companies tend to be more vulnerable to hacking during the end-of-year season. Snapchat saw data for 4.6 million of …

Stolen Laptop Contained Data on S.C. Health Insurance Pool Members

A laptop stolen from an auditor’s car contained the personal information of more than 3,400 members of the South Carolina Health Insurance Pool, an attorney hired by the pool told The Associated Press on Monday. The password-protected laptop, stolen Oct. …

JPMorgan Botched Mailing of Replacement Cards in Conn. After Cyber Attack

JPMorgan Chase & Co. mailed incorrect replacements for payment cards to about 4,000 people for the state of Connecticut after personal data stored at the bank was accessed in a cyber attack this summer. The bank made the mistake as …

Insurance Questions, Lawsuits Arise in Wake of Target’s Data Breach

U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action status have been filed against …

Happy Holidays: Target’s Message May Put Scare Into Firms Without Cyber Coverage

Target Corp.’s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread the word about cyber risk – although the message is bit of a scary one. The not-so-cheery holiday message: If …

Nearly 100K Utahns Could Be Hit by Data Breach

State officials say a data breach could affect as many as 97,000 Utahns who receive benefits through the state Department of Workforce Services. JPMorgan Chase notified the department last week that its servers affecting UCard customers were hacked from July …