Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Banks Scuttle MasterCard Settlement with Target Over Data Breach
May 26 2015 // A proposed $19 million settlement between MasterCard Inc. and Target Corp. over the retailer’s 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The...
Are Planes Safe? Hacker Case Points to Deeper Cyber-Risk Issues
May 26 2015 // Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his under seat entertainment unit. Other security...
Beazley Launches Risk Management Website for Breach Response Policyholders
May 22 2015 // Beazley has launched of a new risk management website for Beazley Breach Response (BBR) policyholders. The site offers tools and resources to help insureds prepare for and respond to a data breach and minimize reputational...
Health Insurer CareFirst Says Cyberattack Stole Data of 1.1M Users
May 21 2015 // CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former...
Ohio Group Unveils Plan to Deal With Cyberattacks
May 20 2015 // A group of politicians, law enforcement members and business leaders has given its blueprint for how Ohio communities can deal with cyberattacks to the state Emergency Management Agency. The Columbus Dispatch reported the...
Marsh Partners with FireEye on Cyber Risk Management Program
May 18 2015 // Marsh and cybersecurity company FireEye, Inc., have collaborated to offer clients Marsh Cyber OASIS (Objective Assessment Scorecard of Information Security). This service is designed to assists clients by providing an...
Sony, Zurich Settle PlayStation Data Breach Case
May 18 2015 // Sony Corp. of America and Zurich American Insurance Co. have reached a settlement in a commercial general liability (CGL) policy coverage case stemming from the April 2011 hacking of Sony’s PlayStation online...
Bitcoins: The Next Cyberinsurance Risk?
May 18 2015 // Consumers around the world are racking up more than 100,000 financial transactions every day without using cash, credit cards or a barter system. How are all those buyers doing it? With Bitcoins, of course. The growing use...
Cyber, Talent, Data Among Game Changers for Insurers
May 18 2015 // Protecting clients against growing and poorly understood risks associated with information technology system failures is a leading concern of the insurance industry today, according to a group of prominent underwriters and...
Texas-Based Sally Beauty Confirms Second Data Breach
May 15 2015 // The Sally Beauty chain, headquartered in Denton, Texas, has confirmed that it has suffered its second data breach in just over two years. The beauty products seller notified customers earlier this month that it was...
Tennessee Music Venue Site Hacked by Possible Islamic Militants
May 15 2015 // Authorities in Tennessee say a group said to support the Islamic State militant group hacked the website of a popular Nashville music venue. Multiple news outlets report the website for the Douglas Corner Cafe was hacked...
Beazley Launches Enhanced Management, Cyber Liability Policy for Law Firms
May 14 2015 // Beazley has launched “Beazley Practice Protect,” an enhanced management liability policy for law firms, designed to confront a rapidly evolving market for counsel and legal services. Beazley Practice Protect...
Companies Let Most Technology Assets Go Unprotected: Aon/Ponemon
May 12 2015 // Cyber is one of the fastest growing risks for companies across the globe, and information technology assets are often as valuable as property assets, yet companies are only protecting 12 percent of those assets compared to...
90% of Healthcare Firms Hit by Cyber Attack: Ponemon
May 7 2015 // A rise in cyber attacks against doctors and hospitals is costing the U.S. healthcare system $6 billion a year as organized criminals who once targeted retailers and financial firms increasingly go after medical records,...
Southeast Schools Hoping to Fill Need for Insurance Cybersecurity Experts
May 5 2015 // The insurance industry, like other businesses, has come to realize it needs to do more to protect its companies, customers, employees and portfolios from cyber threats. Cyber-savvy professionals are in high-demand and are...
It’s a Buyers’ Market
May 4 2015 // Insurance buyers can expect to face friendly market conditions on most lines of insurance for the remainder of 2015 thanks to reduced catastrophe losses and a high supply of capital. But evolving threats from a range of...
Sony, Zurich Reach Settlement in PlayStation Data Breach Case in New York
May 1 2015 // Sony Corp. of America and Zurich American Insurance Co. have reached a settlement in a commercial general liability (CGL) policy coverage case stemming from the April 2011 hacking of Sony’s PlayStation online...
AG Lynch Urges Corporate, Government Cooperation to Fight Cybercrime
May 1 2015 // Attorney General Loretta Lynch this week urged greater cooperation between the government and private industry to combat computer hackers, a key component of a new cyber- attack playbook released by the Justice...
RIMS Report: Insurance Gamechangers Include Cyber, Talent, Data
May 1 2015 // Protecting clients against growing and poorly understood risks associated with information technology system failures is a leading concern of the insurance industry today, a group of underwriters and brokers told risk...
AIG Enhances Cybersecurity Services for Cyber Risk Management Program
May 1 2015 // American International Group has formed new partnerships with cybersecurity experts to expand the risk mitigation and prevention services it offers cyber insurance clients. The partnerships include: K2 Intelligence,...
