Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
U.S. Power Grid Needs Cybersecurity Protection: MIT Report
Dec 6 2011 // The threat of cyberattacks on the U.S. power grid should be dealt with by a single federal agency, not the welter of groups now charged with the electric system’s security, researchers at the Massachusetts Institute...
Chubb Adds New Coverages to Private Company Program
Dec 5 2011 // The Chubb Group of Insurance Companies has added protection for cyber breaches and other crimes to its ForeFront Portfolio 3.0 program for private companies. The new cyber security insurance will allow U.S. companies to...
Markel Launches Data Breach Endorsement for Healthcare Risks
Nov 29 2011 // Healthcare providers insured by Markel now have access to a free DataBreach endorsement. The new endorsement covers liability resulting from a compromise of confidential patient information and the associated costs. These...
Black Friday, Cyber Monday Bring Out the Risk Grinch
Nov 23 2011 // The rush is the risk on Black Friday and Cyber Monday in the eyes of a retail insurance and risk expert who previously worked in retail for 22 years. Kelly Brown of Zurich North America doesn’t go so far as to...
U.S. Reserves Right to Meet Cyber Attack with Force
Nov 16 2011 // United States reserves the right to retaliate with military force against a cyberattack and is working to sharpen its ability to track down the source of any attack, the Pentagon said in a report made public Tuesday. The...
MMIC Group Introduces Data Security Coverage for Physicians, Hospitals
Nov 1 2011 // Midwestern medical liability insurance company MMIC Group, Inc. has introduced Cyber Solutions, which provides coverage for data breaches, invasions of privacy and other risks to the information technology systems of...
Cyber Attack Targets Chemical, Defense Firms
Nov 1 2011 // At least 48 chemical and defense companies were victims of a coordinated cyber attack that has been traced to a man in China, according to a new report from security firm Symantec Corp. Computers belonging to these...
Utica National Launches Cybersurance for Small Businesses
Oct 28 2011 // Between 2005 and 2010, more than 350 million personal records were exposed in reported data breaches alone. Those numbers include data, privacy and security breaches by cyber-criminals accessing sensitive company and...
U.S. Offering Small Businesses Free Cyber Security Tool
Oct 25 2011 // The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool, the top U.S. communications regulator said Monday. The Small Biz Cyber Planner will...
Europe’s Risk Managers Concerned by Social Media Reputation Damage
Oct 24 2011 // The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming...
Officials Say Bipartisan Deal on Cybersecurity Possible
Oct 21 2011 // Senior Obama administration officials and a bipartisan group of U.S. senators agreed on Wednesday to push for cybersecurity legislation as quickly as possible, the White House said Thursday. White House spokeswoman Caitlin...
SEC Asks Companies to Disclose Cyber Attacks
Oct 14 2011 // U.S. securities regulators formally asked public companies for the first time to disclose cyber attacks against them, following a rash of high-profile Internet crimes. The Securities and Exchange Commission issued...
Cyber Threats to Expect in Coming Year
Oct 11 2011 // The year ahead will feature new and sophisticated means to capture and exploit user data, as well as escalating battles over the control of online information that threaten to compromise content and erode public trust and...
Republican Report Backs Incentives for Corporate Cybersecurity
Oct 6 2011 // A Republican task force in the House said Congress should give companies incentives to boost their cyber defenses, but that tougher regulation may be warranted to protect critical facilities like power and water...
Indiana Insurance Adds Six New Business Classes, Cyber Liability Endorsement
Oct 3 2011 // Indiana Insurance, a Liberty Mutual Agency Corp. regional company, has added six new internet retailer classes and a limited cyber liability endorsement for its Commercial Protector (BOP) product. The new internet classes...
1 in 3 in Massachusetts Hit by Data Breaches
Sep 22 2011 // The Massachusetts attorney general’s office said the personal information of about two million Massachusetts residents, or about one out of every three people who live in the state, has been compromised through...
Freedom Specialty Hires Cyber Liability Products Director
Sep 22 2011 // New York-based Freedom Specialty Insurance Co. appointed John Merchant as director of network security, data privacy and technology risk. In his role, Merchant will manage the development, underwriting and risk management...
The Hartford Launches Data Breach Coverage For Small Businesses
Sep 19 2011 // While data breaches at large companies continue to dominate the headlines, breaches involving smaller businesses are also on the rise. According to a 2011 report from Verizon Business of more than 760 data breaches...
The Increasing Cost of Data Breaches
Sep 19 2011 // The cost of responding to data breaches is on the rise, according to a recent study. The 2010 Annual Study: U.S. Cost of a Data Breach, released in March 2011 by Symantec Corp. and privacy and information management...
Cyber Security Risks a Matter of When, Not If
Sep 19 2011 // Targeted Risk Management Can Help Stem Losses; Municipalities Facing Budget Constraints The potential exposure of both governmental or commercial entities to network and enterprise security breaches comes down to this:...
