Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Most UK Small Businesses Remain in the Dark About Cyber Risks
Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...
States Surprised with Burst of Insurance Fraud-Related Legislation in 2018
Jan 7 2019 // Lawmakers Debated More Than 100 Fraud-Related Bills and Passed 33 into Law The introduction of new bills slows down during years when legislators tend to be more concerned with reelection. That’s why 2018 was such a...
Marriott Says Fewer Records Stolen in Starwood Hack Than First Thought
Jan 4 2019 // Marriott International Inc. said on Friday that fewer than 383 million customer records were stolen in a massive cyber attack disclosed last month, down from its initial estimate that up to 500 million guests were...
How Big Tech Is Using Artificial Intelligence to Stop Hackers
Jan 3 2019 // Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying...
Marsh Launches Cyber Self-Assessment Tool for Clients
Jan 3 2019 // Marsh has launched a next-generation online cyber self-assessment tool. The tool incorporates the latest insights on cybersecurity best practices to provide clients cybersecurity program diagnostic and serve as a single...
Smart Home Product Security Risks Can Be Alarming
Jan 3 2019 // Say you’re on your laptop at Starbucks, minding your own business, when an acquaintance of yours across the room isn’t minding his. Unbeknownst to you, he’s using the same store Wi-Fi as you to conduct a...
New Ohio Laws Address Insurer Cybersecurity, Surplus Lines, More
Jan 2 2019 // New laws in Ohio will benefit Ohio consumers while further strengthening Ohio’s robust insurance market, according to Ohio Department of Insurance Director Jillian Froment. Among the changes made by Ohio’s...
Insurance Journal Southeast’s Top Stories for 2018: Fraud, Hurricanes, Data Security Law
Dec 31 2018 // It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating insurance crisis in Florida, and a new industry-specific cybersecurity law in South Carolina that takes effect...
Major Newspapers Hit by Cyber Attack
Dec 30 2018 // A cyberattack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major U.S. newspapers, including ones owned by Tribune Publishing Co such as the Chicago Tribune and Baltimore...
BevMo in California Warns of Customer Credit Card Data Breach
Dec 28 2018 // BevMo is warning that a data breach may have allowed a hacker to steal credit card numbers and other information from more than 14,000 customers who used the alcohol-seller’s website. The Concord, Calif.-based...
AIR Estimates Marriott Cyber Breach Direct Losses Could Reach $600 Million
Dec 21 2018 // Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott disclosed on Dec.1 that...
Cryptocurrency Industry Says Inadequate Insurance Deters Investors
Dec 20 2018 // Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be...
Cryptocurrency Industry Struggles to Buy Insurance, Hindering Growth Goals
Dec 20 2018 // Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be...
Vullo to Step Down as New York Insurance Regulator; Gov. Cuomo Weighs Successor
Dec 20 2018 // Maria Vullo is stepping down as head of New York’s banking and insurance regulator, she said in an interview, after three years in which she created a national model for cybersecurity regulations at banks and fought...
German Firms Warned About Rising Threat from Chinese Hackers: Report
Dec 19 2018 // Germany’s Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity...
Carmakers, Ride-Hail Firms Stress Digital Even As Vehicle Cyber Risks Worsen
Dec 18 2018 // Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in apps to go on “phantom rides” with someone else’s profile. From such trips—like a...
Doubts About Hotel Industry Cyber Security Pre-Date Marriott Hacking
Dec 17 2018 // Long before Marriott International Inc. disclosed a massive security breach, the hotel industry had earned the dubious reputation as a hospitable place for hackers. Thieves have skimmed credit cards, looted loyalty...
Penn. High Court Rules Employer Has Duty to Safeguard Employees’ Personal Info
Dec 17 2018 // The Pennsylvania Supreme Court has ruled that an employer has a legal duty to use reasonable care in safeguarding its employees’ sensitive personal information stored on an internet-accessible computer. This vacates...
Markel’s Maher Joins AXIS Cyber Team
Dec 14 2018 // AXIS Insurance announced the hiring of Andrew Maher as senior cyber underwriter. Maher joins AXIS from Markel in London, where he spent two years as a senior cyber underwriter. He began his career at Beazley, where he held...
Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise
Dec 14 2018 // Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages,...
