Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
AIG Crisis Highlights the Need for Insurance Professionalism
Oct 10 2008 // American International Group’s meltdown may serve at least one (if not more) positive purpose: spotlighting the difference between the insurance professional and the non-professional. Insurance professionals will...
Lurking Cyber Risks
Oct 6 2008 // Agents Can Become a Trusted Expert for Unaware Businesses A family-run crafts store opens in a strip mall and, after much hard work and long hours, begins to flourish. The store takes credit cards, contracting with a...
Thousands of Floridians Become Victims of ID Theft
Sep 30 2008 // Florida resident Stephen Carlisle was not alarmed by the letter he received from Bank of New York Mellon Shareowners Services, notifying him that a data breach had exposed sensitive information from thousands of...
Most of Louisiana’s Coast Flooded by Ike
Sep 16 2008 // Northerly winds began blowing into southern Louisiana on Monday, a change that officials hoped would help clear lingering floodwaters pushed in by Hurricane Ike. Tim Destri, a National Weather Service meteorologist said...
Feds Charge 11 in Biggest-Ever Identity Theft Case
Sep 1 2008 // Authorities in Boston have cracked what is believed to be the largest federal hacking and identity theft case ever, involving the theft and sale of more than 41 million credit and debit card numbers. Eleven people,...
I.I.I. Offers Tips on Identity Theft Protection, Coverage
Aug 15 2008 // The U.S. Justice Department’s announcement last week that it had uncovered one of the largest identity theft schemes in U.S. history is a reminder for consumers to protect their financial information, say the...
Feds Charge 11 in Biggest-Ever Identity Theft Case
Aug 7 2008 // Authorities in Boston have cracked what is believed to be the largest federal hacking and identity theft case ever, involving the theft and sale of more than 41 million credit and debit card numbers. Eleven people,...
Survey: Private Firms More Exposed to Liability Risks, But Less Protected
Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...
New Jersey Mayor Pleads Guilty in Insurance Bribe Scheme
Jun 16 2008 // A former New Jersey lawmaker ensnared in a federal bribery investigation has pleaded guilty to federal and state corruption charges and has resigned as mayor of Orange. Mims Hackett Jr., 67, admitted he took a $5,000 bribe...
HSB Offers Data Compromise Coverage for Small to Mid-Size Firms
Jun 4 2008 // The Hartford Steam Boiler Inspection and Insurance Co. has a new data compromise insurance coverage that helps businesses respond to data breaches by covering the cost of client notifications and supplying services such as...
New Jersey Mayor Pleads Guilty in Insurance Bribe Scheme
May 29 2008 // A former New Jersey lawmaker ensnared in a federal bribery investigation pleaded guilty to federal and state corruption charges Tuesday and resigned as mayor of Orange. Mims Hackett Jr. admitted he took a $5,000 bribe to...
Grocer Hannaford Hit with Class Action Suit over Data Breach
Mar 21 2008 // Hannaford Bros. Co. has been hit with two class action lawsuits filed on behalf of consumers whose credit and debit card numbers were compromised as a result of a major security breach. A Philadelphia law firm, Berger...
Grocery Chain’s Data Breach Shows Even Protected Systems Vulnerable
Mar 20 2008 // It was during the card approval process that more than 4 million customer accounts at grocery stores in the Northeast and Florida were exposed to fraud, even though the company meets the latest standards for data security,...
Credit Card Data Stolen from U.S. Supermarket Chain
Mar 18 2008 // A computer hacker stole thousands of credit card numbers after breaching security at two U.S. grocery store chains owned by Belgium-based Delhaize Group SA , the companies said Monday. Nearly 2,000 cases of fraud have been...
Lloyd’s on ‘Cyber Risks’
Mar 14 2008 // Tom Sheffield, Technical Director at Aon, pointed out that businesses are typically at ease with physical security systems, but when it comes to online matters there appears to be a lack of knowledge. Companies must think...
N.Y. Insurance Agency’s Computer Hacked to Gain Forged Insurance Docs
Jan 14 2008 // Police in New York have arrested a computer consultant who is charged with fraudulently printing an insurance certificate from an agency’s computer and using the document for his part-time snowplowing...
It Figures
Dec 23 2007 // $3.2 Billion Amount lost in the United States due to phishing attacks, according to a recent survey conducted by Gartner Inc., an information technology research and advisory company. The survey found that 3.6 million...
Survey Shows Phishing Attacks in 2007 Caused $3B in Damages
Dec 18 2007 // Phishing attacks in the United States soared in 2007 as $3.2 billion was lost to these attacks, according to a recent survey. The survey found that 3.6 million adults lost money in phishing attacks in the 12 months ending...
Ohio Officials Alert Public about Data Breach by Hartford Insurance
Oct 31 2007 // Hartford Life Insurance has misplaced three backup tapes containing sensitive personal information on an unknown number of Ohio consumers, state insurance regulators said. The company says the data security breach was...
Banks Allege TJX Under-reported Number Affected by Data Thefts
Oct 25 2007 // A group of banks alleged in a court filing ithat 94 million accounts were affected by the theft of personal data from Massachusetts-based TJX Cos. — more than double the number the company previously reported in what...
