Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Data Breach of 20K Young Patients at California Hospital
Jun 20 2014 // Southern California’s Rady Children’s Hospital says the private health data of more than 20,000 young patients was mistakenly shared with a handful of job applicants. U-T San Diego reported that in one breach...
ANV Opens Cyber/Media MGU for U.S. Small Business with James River
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses. Leib Dodell, a veteran...
Senate Committee to Take Up Cyber Liability Bill Next Week
Jun 19 2014 // The U.S. Senate Intelligence Committee is expected to consider a bill next week aimed at encouraging companies to exchange information on hacking attempts and cybersecurity threats with the government, senators said this...
XL Group Creates Cyber Risk Unit, Promotes Coletti as Head
Jun 18 2014 // To meet the demand for cyber insurance in the U.S. and Canada, XL Group’s Global Professional unit said it has established a North America Cyber & Technology Risk business unit. The new business is being led by...
In Search of the Best Defense Against Corporate Cyber Crime
Jun 11 2014 // With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next. The reality, cyber security experts say, is...
P/C Insurers Must Manage Emerging Risks Including the Next Big One
Jun 10 2014 // Learning how to manage increasingly complex and evolving risks is essential if property/casualty insurers are to serve the needs of their customers in a changing world. According to analysts and industry executives at...
Cyber Theft, Already a $445 Billion Business, to Grow Bigger
Jun 9 2014 // Cybercrime remains a growth industry. That’s the main message from former U.S. intelligence officials, who in a report today outlined scenarios for how $445 billion a year in trade theft due to computer hackers will...
NAS Insurance, Swett & Crawford Launch Cyber Liability Program for IIABCal Members
Jun 2 2014 // NAS Insurance Services and Swett & Crawford have created new cyber liability products for IIABCal members and their clients. Members can now log on to NAS Online to quote and issue cyber liability policies for their...
Keegan Joins Beecher Carlson to Head Cyber Liability Practice
May 27 2014 // Former Willis executive Christopher Keegan is joining Atlanta-based insurance broker Beecher Carlson to head the firm’s cyber liability practice. As part of the executive liability practice, Keegan will be expanding...
Protecting Brand Names from Cyber Threats – a Growth Sector
May 22 2014 // Cyber security and cyber threats are growing, both in numbers and in costs. They will certainly continue to increase as they follow the increases in Internet use and the rapid changes in how electronic information is...
Chinese Hacking Raises Cyber Attack Disclosure Issue for Companies
May 21 2014 // Three U.S. public companies identified as Chinese hacking victims didn’t report the theft of trade secrets and other data to investors, despite rules designed to disclose significant events. Two of the companies...
Data Breach Impacts Pennsylvania College Students
May 20 2014 // Students at a northwestern Pennsylvania medical school are being urged to monitor their credit after their names and Social Security numbers were inadvertently posted online. The Erie Times-News says the data breach...
‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview
May 19 2014 // Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright...
Liberty Mutual Adds Cyber Coverages to Small Business BOP Policies
May 19 2014 // Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise...
Experts Fear Major Attack Only Way to Stir Corporate Action on Cyber Security
May 19 2014 // After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their...
Study: Company Data Breach Now Costs $3.5M on Average
May 19 2014 // The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a recent study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each...
Company Data Breach Now Costs $3.5M on Average: Ponemon Study
May 7 2014 // The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each lost or...
Security Expert Practices ‘Cyber-Hygiene’ to Guard Against ID Theft
May 6 2014 // You won’t find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a phishing...
Senate Cybersecurity Bill Gives Firms Liability Protection for Sharing Data
Apr 30 2014 // U.S. administration officials, private sector executives and privacy advocates are reviewing a draft of a bill that would encourage sharing of cybersecurity data between the government and companies, two key Senators said...
Virtual Privacy Expert Gives Insurers Privacy Tools for Clients
Apr 29 2014 // Data breach software firm ID Experts has partnered with risk management and claims consultant Enquiron to offer the Virtual Privacy Expert, an on-demand website service for insurance carriers looking to provide online...
