Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
AAIS, IDentity 911 Release Sample Data Breach Endorsement
Dec 14 2012 // Insurers now have access to a new sample endorsement they can use to provide “data breach” coverage to small- and mid-sized commercial accounts. The American Association of Insurance Services (AAIS) has...
Chubb Launches Cyber Endorsement Addressing Bank Account Takeover Frauds
Dec 11 2012 // The Chubb Group of Insurance Companies has launched a new endorsement to help protect community banks from a more than three-fold increase in fraudulent online commercial transactions. The new endorsement to the ForeFront...
Nationwide Insurance Says Data Breach Affects 1.1M
Dec 7 2012 // Nationwide Mutual Insurance Co. says someone attacked part of its computer network and likely stole personal information affecting more than 1.1 million people. The Columbus, Ohio-based company says the Oct. 3 data breach...
More than 90,000 Iowa Residents Hit by Data Breach
Dec 6 2012 // Iowa officials say more than 90,000 residents in the state have been affected by a nationwide insurance breach that’s impacted more than a million people. Iowa Attorney General Tom Miller on Dec. 4 announced the data...
Hackers Steal North Carolina Insurance Agency Funds
Nov 30 2012 // A business in Hickory reports thousands of dollars were taken after a hacker got into a computer system. The Hickory Daily Record reported that First Security Insurance said that a substantial amount of money had been...
Munich Re Study Focuses on Rising ‘Cyber Crime’
Nov 29 2012 // “Cyber attacks are a reality and companies need to prepare themselves,” warns Munich Re in a recently released study – “Cost of Cyber Crime” – conducted by the Ponemon Institute....
IPISC Launches IP Litigation Coverage for Cyber/Media-Based Tech Companies
Nov 28 2012 // Louisville, Ky. headquartered Intellectual Property Insurance Services Corporation (IPISC) has launched IP Defense Indemnification Insurance for cyber/media-based technology companies. The cyber/media-based industry...
AIR Worldwide Survey Team Describes Sandy Losses in N.J., N.Y.
Nov 21 2012 // AIR Worldwide recently concluded damage survey of areas impacted by Superstorm Sandy, which made landfall on Oct. 29, five miles southwest of Atlantic City, New Jersey. On November 11, 2012, AIR teams were deployed to...
Nationwide Insurance Data Breach Could Affect 28,000 in Georgia
Nov 21 2012 // Georgia Insurance Commissioner Ralph Hudgens has confirmed that 28,467 households in the state could be affected by an online security breach involving Nationwide Insurance Co. Hudgens said the company notified him that a...
Senate Kills Cybersecurity Bill
Nov 15 2012 // Senate Majority Leader Harry Reid declared a U.S. cybersecurity bill, opposed by business and privacy groups, dead on Wednesday after it failed a test vote for the second time. The bill would have increased...
Lawsuit Over South Carolina Data Breach Expanded to Private Firm
Nov 7 2012 // A former state senator has expanded his lawsuit over the hacking of millions of South Carolina tax returns to include a separate state agency and private data security company. Spartanburg attorney John Hawkins added...
Zurich/Advisen Poll Finds Cyber Risk Awareness Increasing
Nov 6 2012 // A note from Zurich Insurance indicates that the “vast majority of risk professionals say information security and other cyber risks are at least a moderate threat to their organizations,” according to a new...
Essentials: The Risk Landscape of Cyberspace
Nov 5 2012 // William Gibson coined the phrase “cyberspace” in his popular science fiction novel “Neuromancer” “to describe the real and cultural dynamics of people and machines working within the confines...
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...
