Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
White House Urges Congress to Act on Cybersecurity
May 13 2011 // The White House Thursday pressed Congress to pass strong cybersecurity measures to protect consumers’ personal information and safeguard the nation’s financial system and electric power grid from potentially...
Lawyers Eye Data Breach Lawsuits But Damages Uncertain
May 13 2011 // The recent hacker attack at Sony Corp. and other corporate data breaches are attracting more class-action lawyers eager to score a payday, though huge monetary settlements may be elusive. At least 25 lawsuits have been...
White House to Propose Cybersecurity Legislation
May 12 2011 // White House officials Thursday planned to unveil a major legislative proposal aimed at improving U.S. cybersecurity and protecting the economy, an administration official said. The proposal is the result of two and...
Sony’s Insurers to Help Foot Bill for Data Breach
May 6 2011 // Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money. “We have a...
Sony Calls on Insurers to Help Pay for Data Breach
May 6 2011 // Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money. “We have a...
Despite Rise in Cyber Threats, Businesses Forego Buying Network Liability Coverage
May 3 2011 // Despite the threat of increasing incidents of cyber attacks on businesses worldwide, the vast majority of companies (73 percent) report they do not have network liability policies, according to a new industry survey. The...
Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft
May 2 2011 // Nearly a third of Americans report that businesses are not doing enough to protect them from workplace discrimination and identity theft. A recent survey by the Chubb Group of Insurance Cos. found that one in three people...
How to Find Cyber Insurance for the Uninsurable
May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Credit Card Data Breached in PlayStation Outage
Apr 28 2011 // “Sony Corp. said that the credit card data of PlayStation users around the world may have been stolen in a hack that forced it to shut down its PlayStation Network for the past week, disconnecting 77 million user...
Murdoch News Corp. Hacking Scandal Claims Mount
Apr 15 2011 // public apology from Rupert Murdoch’s UK newspaper arm, designed to contain an escalating phone-hacking scandal, looked to have failed after a judge said civil cases against the firm could run into next year at...
U.S. Shuts Down Massive Cyber Theft Ring
Apr 14 2011 // U.S. authorities claimed one of their biggest victories against cyber crime as they shut down a ring they said used malicious software to take control of more than 2 million PCs around the world, and may have led to theft...
Allied World Introduces Small to Mid-Size Company Privacy Coverage
Apr 11 2011 // Allied World Assurance Company Holdings, AG has introduced Allied World U.S.’s new privacy and network security insurance product, Privacy//101. Designed for small to mid‐size companies, law firms, healthcare and...
News of the World Admits Phone Hacking Liability
Apr 8 2011 // Rupert Murdoch’s powerful British news operation reversed course on Friday and admitted responsibility in a phone hacking scandal that had already cost the prime minister’s spokesman his job. News...
Beazley Names Ricardo as Breach Response Manager
Apr 5 2011 // Specialty insurer Beazley Group has named Alex Ricardo privacy breach response manager for the company’s technology, media and business services professional liability group. Ricardo, based in New York, will direct...
How to Find Cyber Insurance for the Uninsurable
Apr 4 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the University’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Why Restaurants’ Insurance Menu Should Include Cyber Risk Coverage
Mar 7 2011 // Many businesses have not updated their insurance to keep pace with today’s world of cyber liability. Restaurants are no exception. Today restaurants use the Internet. A restaurant will likely have its own Web site, a...
Kiln, Lockton Team Up to Offer Cyber Coverage to UK Retailers
Mar 2 2011 // Lloyd’s insurer Kiln and international broker Lockton have teamed up to offer cyber insurance to small- and medium-sized online retailers. “The security and privacy cover is being made available to members of...
Medical Protective to Offer No Cost Cyber Liability Coverage
Feb 22 2011 // Medical professional liability insurer Medical Protective is now offering MedPro CyberShield, a cyber liability coverage product at no additional charge to policyholders. The company will be adding MedPro CyberShield...
5 Steps to Protect Organizations From Cyber Liability
Feb 14 2011 // Because cyber crime has developed into a problem with potentially catastrophic consequences, cyber risk is arguably one of the single greatest threats facing companies today. The 2009 Computer Crime and Security Survey...
Lockton Warns Europe Organizations are on ‘Borrowed Time’ for Data Breaches
Feb 10 2011 // A new white paper from international brokers Lockton – Exposed in Europe, Data Breaches and Their Impact in a Changing Legal and Regulatory Environment – warns European organizations that “prefer not to...
