Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
15 Automakers, U.S. Meet on Safety, Recalls, Hacking
Dec 3 2015 // Executives from 15 auto companies met with U.S. Transportation Secretary Anthony Foxx Tuesday to discuss specific industrywide actions that can improve safety and prevent cars from being hacked. The meeting was convened...
VTech Data Breach Highlights Risk in Connected Toys, Internet of Things
Dec 1 2015 // U.S. states said they will investigate a massive breach at digital toy maker VTech Holdings Ltd as security experts warned that hackers are likely to target similar companies that handle customer data. Attorneys general in...
XL Catlin Launches Online Data Breach Resource Portal
Nov 30 2015 // XL Catlin’s Cyber & Technology insurance business has launched a new online resource – CyberRiskIQ.com, to provide clients with support for cybersecurity readiness and incident response...
Cyber Attacks on Private Sector a Growing Corporate Credit Risk: Moody’s
Nov 25 2015 // Cyber attacks on the private sector are an increasingly important risk in corporate credit analysis, U.S. ratings agency Moody’s Investors Service said this week. The threat of computer hacking varies from sector to...
London Insurance Market Vulnerable to Major Cyber Attack: Xchanging Survey
Nov 23 2015 // Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business...
Readopted Credit-Scoring Model Highlights NCOIL’s Annual Meeting
Nov 19 2015 // Cyber insurance, international regulatory efforts, the sharing economy and the successful state credit-scoring model dominated the agenda of this past week’s National Conference of Insurance Legislators meetings in...
Cyber, Property Risks Not Easily Separated: Security Expert
Nov 19 2015 // The property/casualty insurance industry must change its approach to cyber security and update its coverage approach to help minimize risks, according to a network security expert. “I don’t think we can easily...
Testing Firm Wins FTC Data Privacy Case But Closes Business
Nov 18 2015 // An administrative judge has dismissed the Federal Trade Commission’s data security case against cancer testing company LabMD, marking the first defeat for an agency that has successfully brought such cases against...
Top Cyber Threats for 2016 and Next Five Years
Nov 17 2015 // Businesses and organizations should expect cyber criminals to attack through wearable devices, employees’ home systems, cloud services and automobiles within the next year, according cyber experts at Intel’s...
UK’s Chancellor of Exchequer to Double Budget to Fight Cyber Terrorism
Nov 17 2015 // Chancellor of the Exchequer George Osborne announced he’ll double funding to strengthen the U.K.’s cyber defenses, while refusing to confirm that budget cuts to be announced next week would spare...
How New Chip Cards Raise the Risk for Merchants
Nov 16 2015 // On Oct. 1, 2015, many of your clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment...
Agent, Cyber-Educate Yourself – and Your Clients
Nov 16 2015 // A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion over the next 10 years reinforces what most in the insurance industry already know: cyber risks are...
Agent, Cyber-Educate Yourself – and Your Clients
Nov 16 2015 // A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion over the next 10 years reinforces what most in the insurance industry already know: cyber risks are...
HSB Engineering Insurance Launches Cyber Insurance Cover for UK SMEs
Nov 13 2015 // HSB Engineering Insurance has launched a new cyber insurance product aimed directly at small to medium-sized businesses in the U.K. In response to the growing demand for insurance solutions to cover cyber risks,...
N.Y. Regulators Weigh Cybersecurity Requirements for Banks, Insurers
Nov 12 2015 // New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial...
Uber Resorts to Legal Maneuver to ID Hacker Behind Data Breach
Nov 12 2015 // Ride service Uber is attempting a new legal maneuver to learn more about an Internet address that it thinks could help identify the individual who improperly accessed an Uber database last year, according to court filings...
U.S. Charges 3 in ‘Securities Fraud on Cyber Steroids’ Scheme
Nov 11 2015 // U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co. and generated hundreds...
5 Recent Reports on Businesses and Cyber Security, Liability and Insurance
Nov 6 2015 // Cyber security is clearly on the minds of business executives, most of whom acknowledge their firms have been victimized by some sort of cyber attack. What are they thinking about cyber security, cyber liability and cyber...
China Asked to Revise Draft Cyber Security Rules Affecting Insurance Industry
Nov 5 2015 // Foreign business lobbies have asked China to substantially revise proposed cyber security regulations for the insurance industry, signaling a dispute that started with the publication of similar bank technology rules...
Penn National Insurance Adds Cyber Security Coverage
Nov 4 2015 // Penn National Insurance will begin offering cyber security insurance coverage as part of its commercial lines product offerings. Cyber security insurance provides coverage for expenses and exposures associated with a data...
