Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
States’ Rules Complicate Efforts to Enact Uniform Data Security Law
Feb 12 2014 // Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of...
N.Y. Regulator Talks About Insurance Markets, 2014 Agenda
Jan 30 2014 // A top official from New York State’s Department of Financial Services (DFS) recently spoke about the state’s property/casualty insurance markets, calling it overall very good but “a bit more of a mixed...
Aon Supports Observation of Today’s ‘Data Privacy Day’
Jan 28 2014 // Aon’s London office announced that its risk management and human resources solutions units have “continued as a Champion of Data Privacy Day (DPD) according to the National Cyber Security Alliance.” As a...
Texas-Based Michaels Stores Investigating Possible Data Breach
Jan 27 2014 // Michaels Stores says it is investigating a possible company data security breach that may have affected its customers’ payment card information. The Irving, Texas, company said it launched the probe after learning of...
Companies Can’t Stop Data Theft at Reasonable Cost: Execs at Davos
Jan 24 2014 // Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies’ efforts to protect it, senior businessmen and bankers gathering for the World Economic Forum...
State Laws Provide Leeway For Businesses Reporting Data Breaches
Jan 20 2014 // A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets companies such as Target Corp. wait weeks or even months to disclose security breaches. Forty-six of 50 U.S....
Threats from Cyber Crime, Terrorism Under-Rated by Captives: Aon Report
Jan 17 2014 // Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected...
Kentucky Weighs Cyber Breach Notifcation Law
Jan 16 2014 // A bill backed by state Auditor Adam Edelen and a bipartisan group of lawmakers would require state and local government agencies to notify Kentuckians when their personal information is breached. The bill’s backers...
Worsening Wealth Gap Is World’s Biggest Risk: World Economic Forum
Jan 16 2014 // The chronic gap between the incomes of the richest and poorest citizens is seen as the risk that is most likely to cause serious damage globally in the coming decade, according to over 700 global experts contributing to...
Chubb Europe Launches Updated ‘MasterPackage’ for Technology Companies
Jan 15 2014 // Chubb Insurance Company of Europe SE announced the launch of the new edition of its MasterPackage for Technology Companies policy. It described the product as a “comprehensive first and third party policy to cater...
Credit Card Breach Update: Neiman Marcus Investigated; Target Sued by Bank
Jan 15 2014 // Neiman Marcus Group Ltd. is being investigated by states including Connecticut and Illinois over the theft of customer credit-card data by hackers, and a bank sued Target Corp. for its data breach during the holiday...
Policing the ‘Dark Side’ of Internet of Things
Jan 13 2014 // The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google Inc. to Bayerische Motoren...
Companies More Vulnerable to Cyber Breaches Around New Year
Jan 3 2014 // A string of cyber attacks over the holidays — involving Snapchat Inc., Microsoft Corp.’s Skype and Target Corp. — underscore how companies tend to be more vulnerable to hacking during the end-of-year...
Lloyd’s Underwriters Warn of Rising Danger from Cyber Terrorism
Jan 3 2014 // An article on the Lloyd’s website notes that “industrial facilities from nuclear plants to dams are increasingly coming under attack from cyber terrorists bent on causing physical damage and disruption from...
JPMorgan Botched Mailing of Replacement Cards in Conn. After Cyber Attack
Dec 24 2013 // JPMorgan Chase & Co. mailed incorrect replacements for payment cards to about 4,000 people for the state of Connecticut after personal data stored at the bank was accessed in a cyber attack this summer. The bank made...
Overseas Hackers Suspected in Target Breach; Stolen Data Reported Selling Online
Dec 24 2013 // Investigators believe that overseas hackers were responsible for the cyber attack on U.S. retailer Target Corp. that compromised up to 40 million payment cards during the first three weeks of the holiday shopping season, a...
Insurance Questions, Lawsuits Arise in Wake of Target’s Data Breach
Dec 22 2013 // U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action...
Happy Holidays: Target’s Message May Put Scare Into Firms Without Cyber Coverage
Dec 20 2013 // Target Corp.’s data breach headache may be an opportunity for insurance carriers, insurance agents, risk managers and businesses to spread the word about cyber risk – although the message is bit of a scary one. The...
Target Credit Card Breach a Reminder U.S. Lags in Personal Data Security
Dec 20 2013 // The security breach of credit and debit card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that the U.S. lags behind much of the world in securing personal financial...
Chinese Hackers Spied on Europeans before G20 Meeting: Research Firm
Dec 11 2013 // Chinese hackers eavesdropped on the computers of five European foreign ministries before last September’s G20 Summit, which was dominated by the Syrian crisis, according to research by computer security firm FireEye...
