Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Insurance Will Absorb Some Costs in Home Depot’s Giant Privacy Breach
Sep 19 2014 // Home Depot Inc. Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s...
Next up to Test Self-driving Cars on California Roads: Mercedes-Benz
Sep 18 2014 // Mercedes-Benz has followed Volkswagen AG’s Audi unit in getting a license to test self- driving vehicles on California roads as the luxury-car makers vie for a market predicted to grow to $87 billion by...
CGSC’s Esser on Managing Wholesale Expansion and Growth
Sep 17 2014 // Cooper Gay Swett & Crawford’s CEO, Toby Esser, has had a busy year since we last spoke with him at the Reinsurance Rendezvous in Monte Carlo, but the company he heads (CSGC) is moving forward to realize cost...
Brit Launches Cyber Product for Critical Infrastructure, Industrial Machinery
Sep 15 2014 // Brit PLC, a global specialty insurer and reinsurer, has developed an insurance service to protect companies operating critical infrastructure and industrial machinery from terrorist and other malicious attacks, such as...
How Cybercriminals Attack Small Businesses – and 10 Ways to Stop Them
Sep 15 2014 // At a recent “Hacker Lab” event, “white hat” hackers revealed how cybercriminals work — and what businesses can do to protect themselves. The multimedia presentation used a simulated small business...
NAS Insurance Services Enhances Cyber Liability Insurance Product
Sep 10 2014 // NAS Insurance Services, an underwriting manager of specialty insurance, has introduced its new suite of cyber liability insurance services to respond to the growing needs of businesses facing constant threats of privacy...
Lawsuit Filed Against Home Depot Over Data Breach
Sep 10 2014 // Home improvement retailer Home Depot Inc. has been sued over data breach by a customer, saying the company failed to properly safeguard customer data from hackers, a lawsuit filed in a Chicago federal court showed on...
Home Depot Confirms Its Payment Systems Were Hacked
Sep 9 2014 // Home Depot Inc. confirmed on Monday its payment security systems have been breached, a data theft analysts warn could rival Target Corp.’s massive breach last year. Home Depot said the data theft could impact its...
U.S. Retailers Warned About Hacking Software
Sep 8 2014 // More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said recently. The...
Coverholders Playing Greater Role in Lloyd’s Global Expansion
Sep 8 2014 // Lloyd’s of London began and remains a specialized market (not an insurance company). It accepts risks that are too large, or too complex, or both, that do not lend themselves to coverage through more “normal...
Hackers Get to HealthCare.gov But U.S. Says No Personal Data Stolen
Sep 5 2014 // The HealthCare.gov website that had an error-plagued debut last year was hacked in July, although no personal data appear to have been taken, according to the U.S. Centers for Medicare and Medicaid Services. The attack,...
Over 1M Mass. Residents Had Personal Data Compromised in 2013: Report
Sep 4 2014 // Over a million Massachusetts residents had their personal information compromised last year, according to a new report issued today by the state’s Office of Consumer Affairs and Business Regulation (OCABR). The...
Marsh Launches Catastrophic Cyber Policy For Large Companies
Sep 4 2014 // Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a new cyber insurance policy that provides catastrophic protection for large companies seeking to...
Hacking Risk and Liability Issues Don’t Deter Makers of Driverless Cars
Sep 4 2014 // A red VW Golf jerks back and forth as it maneuvers into a parking space in the English spa town of Cheltenham. The halting efforts resemble those of a new driver, and in a sense they are — just not from the person...
No ‘Significant’ Cyber Attacks on Banks, Says Bank Group
Sep 2 2014 // An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any “significant” cyber attacks, downplaying concerns about possible breaches at...
Cyber Attacks on Banks Color Terrorism Insurance Renewal Debate
Sep 1 2014 // Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t saying publicly is that taxpayers will probably have to cover much of...
Aon Benfield Secures Reinsurance Capacity for AEGIS Cyber Offering
Aug 29 2014 // Aon Benfield announced that it has secured “the reinsurance capacity for a unique cyber product developed by the Lloyd’s syndicate of mutual energy insurer AEGIS London. “The product offers a...
Report: Russian Hackers Attack 5 Big Banks, Steal Customer Data
Aug 28 2014 // Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the...
U.S. Retailers Warned About Hacking Software
Aug 25 2014 // More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. The...
Allianz Launches Cyber Crime Coverage for Canadian Companies
Aug 19 2014 // Industrial insurance specialist Allianz Global Corporate & Specialty (AGCS) has launched Allianz Cyber Protect in Canada, a suite of coverages with capacity to protect a company in the event of a data loss or a...
