Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Insurance Plays Key Supporting Role in Movies
Feb 23 2012 // Americans love movies, and they showed it by purchasing 1.2 billion tickets worth about $10.2 billion at the box office last year. That, of course, means big business for companies that are willing to insure the risks...
Senators Renew Push for Cybersecurity Law
Feb 15 2012 // Leading U.S. senators introduced a cybersecurity bill on Tuesday aimed at safeguarding the nation’s water and power systems, which experts have warned often only have the most rudimentary protections against...
Liberty International Underwriters Launches Cyber Liability Products
Feb 9 2012 // Agents and brokers have three new options for technology risks from Liberty International Underwriters (LIU). The specialty lines division of Liberty Mutual Insurance has started offering a trio of new primary cyber...
U.S. Authorities Looking Into Murdoch Foreign Payments
Feb 7 2012 // U.S. authorities are stepping up investigations, including an FBI criminal inquiry, into possible violations by employees of Rupert Murdoch’s media empire of a U.S. law banning corrupt payments to foreign officials...
When Main Street Meets the Cloud
Feb 6 2012 // Small Business Risks to Consider When Accessing Technology for Growth It’s a familiar small-business success story: A company extends its storefront from Main Street to the Internet. It uses social media to spread...
U.S. Offers Small Businesses Free Cyber Security Tool
Feb 6 2012 // The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool. The Small Biz Cyber Planner allows business owners to create customized cyber security...
Major Companies Keeping Cyber Attacks Secret from SEC, Investors: Report
Feb 2 2012 // At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such...
Media Firms Could Face Insurance Hikes in 2012
Jan 31 2012 // U.S. communications, media, and technology (CMT) companies can expect their insurance market conditions to further deteriorate in 2012, continuing a trend that began in the second half of 2011, according to a report...
Analysis of New EU Data Protection Laws Command the Tide but Not the Cost
Jan 24 2012 // New data-protection proposals from the European Union to help people regain control of personal information from sites like Facebook could prove as effective as commanding the tide, while hurting small firms and Web giants...
Europe to Issue Tough Rules Protecting Internet Users’ Data
Jan 23 2012 // The European Union will propose tough new rules in the coming days on how corporations handle Internet users’ personal data, a long-awaited move that could have far-reaching implications for Web giants such as Google...
News Corp. Admits Guilt, Settles Hacking Claims
Jan 19 2012 // The British newspaper arm of Rupert Murdoch’s News Corp. looks set to settle at great expense a string of legal claims after admitting wide-scale phone hacking that was both known about and concealed by senior...
CFC Underwriting Develops Cloud Coverage
Jan 10 2012 // Lloyd’s MGA CFC Underwriting has launched a new cyber liability product with wording to cover the risks of storing data in the “cloud.” CFC identified a gap in coverage for firms that use cloud computing...
Declarations
Jan 9 2012 // Extended Stay “I’ve talked to the board and said that if I stay healthy — and I’m still hopeful — I would like to stay on for another year.” —AIG CEO Robert Benmosche on his plan to extend his...
Insurance Veterans’ Forecasts for 2012
Jan 5 2012 // Now that the year 2011 is behind us, let’s take a look at what might be ahead. Insurance Journal spoke with leading industry professionals and asked them what they are expecting this year. If their forecasts are any...
Report: News Int’l. Ups Fund to Settle Illegal Hacking Claims to $155 Million
Dec 30 2011 // The British arm of News Corp has increased the legal fund it will use to settle civil litigation cases brought by victims of phone hacking to £100 million ($155 million) from £20 million [$31 million], the Independent...
Lloyd’s Highlights Retailers Need for Cyber Fraud Coverage
Dec 29 2011 // An article on the Lloyd’s of London web site notes that while millions of people have been out an about shopping this holiday season, “an increasing number are choosing to shop from the comfort of their homes...
California AG Announces Creation of eCrime Unit
Dec 14 2011 // Attorney General Kamala D. Harris on Wednesday announced the creation of the eCrime Unit, staffed with Department of Justice attorneys and investigators, and charged with identifying and prosecuting identity theft crimes,...
Va.-based IT Firm CSC Launches Insurance Cybersecurity Council
Dec 14 2011 // Virginia-based IT services provider CSC is forming an advisory board to help tackle cyber security issues in the insurance industry. It’s called the Insurance Cybersecurity Advisory Council. The company says the...
Bulk of U.S. Data Theft Linked to Few Chinese Hacker Teams
Dec 13 2011 // As few as 12 different Chinese groups, largely backed or directed by the government there, do the bulk of the China-based cyberattacks stealing critical data from U.S. companies and government agencies, according to U.S....
Want to Reduce Cyber Risk? Avoid These 25 Worst Passwords of 2011
Dec 7 2011 // One way to help lower personal and business cyber risk is to avoid using easy-to-crack passwords. SplashData, a password management application maker, recently compiled a list of the 25 worst passwords for the year...
