Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
U.S. Charges 8 with Cybercrime Against Financial Institutions, Government
Jun 13 2013 // Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 million from U.S. customers in an international cybercrime scheme targeting accounts at...
ThinkRisk Announces [in]TELLIGENCE℠
Jun 12 2013 // New York, NY, 6/12/13 – Technology continues to transform businesses everywhere. Recent surveys have reported that more than half of small to mid-size U.S. firms have already experienced at least one data breach. The...
Geneva Association’s Fitzpatrick on Systemic Risks, Nat Cats, ILS, Cyber Risks
Jun 11 2013 // When the Geneva Association’s presentation on how and why governments and re/insurers need to work more closely adjourned, we were able to talk to the organization’s Secretary General, John Fitzpatrick, a...
U.S. on Offense in Cyber War: Building Command Center, Hiring Warriors
Jun 7 2013 // On the site of a former military golf course where President Dwight Eisenhower once played, the future of U.S. warfare is rising in the shape of the new $358 million headquarters for the military’s Cyber Command. The...
China Says It Has Data on U.S. Cyber Attacks, Calls for Cooperation
Jun 6 2013 // China’s top Internet security official says he has “mountains of data” pointing to extensive U.S. hacking aimed at China, but it would be irresponsible to blame Washington for such attacks, and called for...
Silicon Valley At Front Line Of Global Cyber War
Jun 5 2013 // Chinese President Xi Jinping and American counterpart Barack Obama will talk cyber-security this week in California, but experts say the state’s Silicon Valley and its signature high-tech firms should provide the...
Cyber Security Threats Pose ‘Stealthy, Insidious’ Danger – U.S. Defense Chief
Jun 3 2013 // Defense Secretary Chuck Hagel said on Friday that cyber threats posed a “quiet, stealthy, insidious” danger to the United States and other nations, and called for “rules of the road” to guide...
New York Regulator Asks Insurers About Readiness for Cyber Threats
May 29 2013 // New York’s top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks earlier this year.New...
Fearon Joins Miller for Prof. Indemnity, Tech and Cyber Risks
May 28 2013 // Nick Fearon has joined UK-based Miller Insurance Services as a senior producer and broker to develop a book of business that includes professional indemnity, technology and cyber risks. “Nick has strong,...
Cyber Attacks On Banks More Serious Than Public Realizes
May 20 2013 // The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine months has been more powerful than the general public realizes, government officials and security experts told the...
Homeowners not the Only Line of Insurance Affected by Texas Weather
May 20 2013 // Nature’s Perils Drive Cost of Agent E&O Coverage, Too It’s well known that Texas has some of the highest homeowners premiums in the nation – in large part due to the state’s vulnerability to...
Government to Share Cyber Security Information with Private Sector
May 15 2013 // The U.S. government will use classified information about software vulnerabilities for the first time to protect companies outside of the military industrial complex, top officials told Reuters this week. Secretary of...
Alabama University Launches Cyber Threat Detection Company
May 15 2013 // In a private-public partnership, the University of Alabama at Birmingham (UAB) has launched Malcovery, an intelligence company specializing in cyber threat detection, to help businesses protect themselves from...
How Banks Will Recover Funds in $45M Cyber Heist
May 13 2013 // Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts...
$45 Million Global Cyber Bank Theft: Who Pays the Losses?
May 10 2013 // In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S....
Missouri Bill Could Require Data Breach Notification by State Agencies
May 9 2013 // State agencies could be required to notify Missourians if personal data such as concealed gun permits and credit card numbers are accessed by someone who is not authorized to have that information. The proposal comes from...
Homeowners not the Only Line of Coverage Affected by Texas Weather
May 2 2013 // It’s well known that Texas has some of the highest homeowners premiums in the nation — in large part due to the state’s vulnerability to violent weather. It may be less known that Texas has some of the...
Study: Utah Health Breach Could Approach $406M
May 1 2013 // A 2012 security breach that exposed the personal information of 780,000 Utah residents to hackers could cost as much as $406 million, a new study finds. The Salt Lake Tribune reported in the aftermath of the breach, the...
Hartford Steam Boiler Launches Cyber Attack Protection for Small Businesses
Apr 29 2013 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products...
The Risks of Insuring the Cloud
Apr 24 2013 // Hollywood would have us believe that some smart, awkward computer guy in his 30s living in his mother’s basement is to blame. Surrounded by a dozen computer screens with an IQ of 150, this cyber character enjoys...
