Latest Cyber Headlines

All the headlines from our Cyber Topic Page, ordered by recency.

Doing Business with Mobile Devices

Oct 22 2012 // Need for Risk Mitigation Grows Along With Wider Adoption Insurance agencies are in the business of managing risk for clients. But as mobile becomes mainstream, they’re facing new risks of their own. Agencies see...

Mobile Device Explosion in the Workplace Creates Need for Heightened Security

Oct 16 2012 // Mobile devices have taken the workplace by storm, but the proliferation of these devices has created a new set of security challenges. After a number of high-profile data breaches and “hacktivist” incidents...

Willis Sees Threats on Horizon for Booming Latin American Energy Industry

Oct 10 2012 // “The booming Latin American energy industry is not insulated from the threat of a euro zone collapse or hostilities in the Middle East,” warned global insurance broker Willis. Speaking to a gathering of energy...

The Spy Who Robbed Me

Oct 8 2012 // Mobile Device Explosion Creates Need for Heightened Security Mobile devices have taken the workplace by storm, but the proliferation of these devices has created a new set of security challenges. After a number of...

Lawmaker Warns of New Cyber Threats to U.S. Financial Networks

Oct 5 2012 // The head of the House of Representatives Intelligence Committee said on Thursday that significant new cyber threats to U.S. financial networks appeared to be emerging from an “unusual” source. Committee...

R K Harrison Cyber Liability Policies to Include Pre-Incident Cyber Services

Oct 3 2012 // Employee-owned insurance broker R K Harrison has contracted with Stroz Friedberg, a global digital risk management and investigations firm, to provide complimentary pre-incident cyber consulting services for clients...

White House Readies Executive Order on Cybersecurity

Sep 25 2012 // The White House is preparing to direct federal agencies to develop voluntary cybersecurity guidelines for owners of power, water and other critical infrastructure facilities, according to people who said they had seen...

NAS Insurance Covers Lost Revenue From Cyber Breaches

Sep 24 2012 // NAS Insurance Services Inc. has launched an insurance coverage that pays companies for lost revenue in the event of a cyber breach. The new coverage, called BrandGuard, is a component of NetGuard Plus Cyber Liability...

Pentagon Warns Private Computer Networks on Vulnerability to Cyber Attacks

Sep 20 2012 // Privately-owned U.S. computer networks remain vulnerable to cyber attacks, and many U.S. companies are not doing enough to protect them, Deputy U.S. Defense Secretary Ashton Carter said on Wednesday. “I hope this...

Bank Group Warns of Heightened Risk of Cyber Attacks

Sep 20 2012 // A financial services industry group warned U.S. banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks after Bank of America and JPMorgan Chase experienced unexplained outages on their...

Industry Faces Cyber Risks in Shift from Tangible to Intangible Property

Sep 20 2012 // If Mike McGavick is right, the business world will soon be carrying the equivalent of a massive data base in a cell phone. Technology has moved so rapidly that not only the insurance industry, but also business in general,...

Gibaltar Group Adds Baker as VP of Information Security

Sep 11 2012 // The Gibraltar Group, a risk and insurance advisory firm based in Lubbock, Texas, announced it has appointed Dr. Bruce Baker as vice president of Information Security, and expanded its risk and loss management RiskIMPACT...

Markel, Experian to Offer Data Breach Loss Control Resources

Sep 10 2012 // Markel has announced that it will now work with Experian Data Breach Resolution to provide loss control resources to its DataBreach policy holders. Owners of Markel’s DataBreach policy now will have access to...

Gibaltar Group Adds Baker as VP of Information Security

Sep 1 2012 // The Gibraltar Group, a risk and insurance advisory firm based in Lubbock, Texas, announced it has appointed Dr. Bruce Baker as vice president of Information Security, and expanded its risk and loss management RiskIMPACT...

Beazley Enhances Suite of Data Breach Products for Businesses

Aug 31 2012 // Beazley has unveiled major enhancements to its Beazley Breach Response (BBR) product. Launched over three years ago, BBR includes a separate limit of coverage for breach response services, and Beazley recently announced...

Chubb Launches Insurance Product for Health Care Fraud, Data Breaches

Aug 28 2012 // The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures. ForeFront Portfolio 3.0 for Health Care Organizations offers...

Galveston Man Gets Prison for Hacking Texas DPS

Aug 28 2012 // A hacker who targeted Texas Department of Public Safety computers has been sentenced to more than two years in federal prison. Prosecutors say 31-year-old Higinio O. Ochoa III of Galveston must also pay more than $14,000...

Hard Market Generates New E&O Challenges for Insurance Agents

Aug 22 2012 // The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to...

Beazley Forms Data Breach Response Business Unit

Aug 20 2012 // Beazley has established BBR Services, a new business unit dedicated to helping clients that have suffered a data breach manage the consequences. Data breaches involving the theft or loss of personally identifiable customer...

R K Harrison Hires Rees to Lead New Cyber Risk Practice

Aug 14 2012 // Employee-owned, London-based insurance broker R K Harrison announced that David Rees has joined the firm to “head a dedicated cyber practice within its specialist casualty team, responding to the increasingly...