Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
XL Catlin to Build On-Demand Cyber Insurance Product With Slice Labs
Jul 26 2018 // Slice Labs Inc., a U.S. company offering cloud-based on-demand insurance, has partnered with XL Catlin to offer an on-demand cyber insurance product for U.S. small and medium-sized business (SMBs) built on the Slice...
Study Warns of Cyber Hacking Risk to Firms Using SAP, Oracle Management Software
Jul 25 2018 // At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber security firms said in a...
National Security Agency Chief Forms Task Force to Counter Russian Cyber Threats
Jul 24 2018 // Paul Nakasone, U.S. cyber commander and director of the National Security Agency, confirmed that he’s created a special task force to address Russian threats in cyberspace. Russia has “great capabilities on...
Interest in Crypto Insurance Grows, Despite High Premiums, Broad Exclusions
Jul 23 2018 // In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won’t find many ads promoting it or details on company websites offering it. But according to industry insiders,...
UK Government Officials Identify Security Risks with Huawei’s Telecom Equipment
Jul 20 2018 // Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security risks, a government report said on Thursday. The assessment, made in a report...
U.S. Energy Regulator Pushes for Disclosure of Cyber Attacks on Electric Grid
Jul 20 2018 // The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid. The Federal Energy Regulatory Commission...
Cybersecurity Tops D&O Liability Risks
Jul 20 2018 // Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks...
U.S. Intelligence Warning: Cyber Threats Against U.S. Occurring Daily
Jul 16 2018 // Warning lights about cyber threats to U.S. national security are “blinking red” and the digital attempts to undermine America are occurring daily, not just at election time, the nation’s top intelligence...
Conflicts of Interest Leads List in Lawyers’ Malpractice Claims: Ames & Gough
Jul 16 2018 // New malpractice claims against lawyers are being driven by inadequate safeguards against conflicts of interest, along with participation in certain expanding and complex practice areas, according to a new study by...
People
Jul 16 2018 // EPIC Insurance Brokers and Consultants has added Sarmad Naqvi to its private client insurance operations. EPIC has also named Eric Kitei a principal in its operations in Southern California. Naqvi will be based in...
JLT Re Partners with Cyber Risk Modeling Platform, CyberCube
Jul 13 2018 // JLT Re, the London-based reinsurance broker and consultancy, announced it has formed a partnership with CyberCube, the cyber risk modeling platform. JLT Re’s existing cyber and enterprise modelling tools, combined...
Willis Towers Watson Launches Cyber Coverage for Construction Industry
Jul 13 2018 // Willis Towers Watson has launched tailored cyber insurance coverage for the construction industry. CyCon was developed in close cooperation with specialty cyber insurance provider NAS Insurance Services and is available...
Regulators Try to Navigate Legal, Social, Safety Issues Raised by Autonomous Vehicles
Jul 11 2018 // In closed-door meetings last March, U.S. transportation regulators and others grappled with questions about whether police should have the power to disable self-driving cars and whether an automatic alert that a robo-taxi...
Cyber Business Interruption Risks Still Difficult to Figure
Jul 11 2018 // Powered by InsuranceJournal.tv Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the growing area of non-physical threats? This question was...
Marsh Names Accenture’s Richards as Global Head of Cyber Risk Consulting
Jul 10 2018 // Insurance broker Marsh has appointed Kevin Richards to the newly-created role of global head of Cyber Risk Consulting. Richards will be responsible for leading the strategic development and delivery of Marsh’s cyber...
How the U.S. Cyber Insurance Market Is Performing: Aon Report
Jul 10 2018 // The number of U.S. insurers providing cyber insurance continues to grow along with instances of cyber attacks. In 2017, 170 U.S. insurers reported writing cyber insurance, up from 140 in 2016 and 119 in 2015, according to...
Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer
Jul 9 2018 // In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New York has upheld a lower court ruling that a commercial crime insurance policy covers wire transfer losses...
Travelers Europe Launches Stand-Alone Cyber Product for UK, Ireland Businesses
Jul 9 2018 // Travelers Europe announced the availability of Travelers CyberRisk, a new standalone cyber insurance product for organizations of all sizes in the United Kingdom and Ireland. Travelers CyberRisk provides liability and...
Jury Convicts Press Release Hackers Involved in Illegal Trading Scheme
Jul 9 2018 // A federal jury in Brooklyn, New York on Friday convicted two men for their roles in an international scheme to make millions of dollars by illegally trading on corporate press releases that were stolen by computer hackers...
UK Financial Firms Need ‘Plan B’ for Inevitable Disruptions from Cyber Attack: BOE
Jul 5 2018 // Many U.K. financial firms don’t have a Plan B to fall back on if they’re hit by a cyber attack. The Bank of England wants to change that. Financial regulators told firms to come up with a detailed plan for...
