Latest Cyber Headlines

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

Hacker Indicted in Huge ID Theft: 130 Million Credit Cards

Aug 17 2009 // Federal officials announced the indictment of a Miami man in what they say is the largest identity theft ring ever exposed in the U.S. Albert Gonzales, 28, was indicted for conspiring to hack into computer networks...

Report Finds People the ‘Weak Link’ in Cybersecurity

Jul 22 2009 // The popularity of Facebook and other popular social networking sites has given hackers new ways to steal both money and information, the security company Sophos said in a report released Wednesday. About half of all...

Survey: Majority of Consumers Avoid Companies That Expose Their Data

Jul 17 2009 // More than 70 percent of consumers surveyed said they would no longer do business with a company that exposed their sensitive, personal information as result of a data security breach, according to research conducted for...

Zurich Expands Cyber Security Coverage

Jul 6 2009 // Zurich North America Commercial enhanced and expanded a product that helps businesses manage the financial and reputational risks of cyberspace – the Zurich Security and Privacy Protection Policy. The consequence of...

Cyber Security: Global Risk and Rising Complexity

Jul 6 2009 // Multinationals are fighting a battle on two fronts when it comes to cyber security as they seek to fend off new, emerging security threats and also comply with evolving global regulations. These emerging security threats...

TJX Reaches Settlement with States on Data Theft

Jun 25 2009 // The parent company of retailers T.J. Maxx and Marshall’s will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbers. Framingham,...

Judge Tosses Most Supermarket Data Breach Claims

Jun 1 2009 // Only those customers who weren’t reimbursed for fraudulent charges may sue the Hannaford Bros. supermarket chain over a data breach that exposed 4.2 million credit and debit card numbers to computer hackers, a...

Judge Tosses Most Supermarket Data Breach Claims

May 14 2009 // Only those customers who weren’t reimbursed for fraudulent charges may sue the Hannaford Bros. supermarket chain over a data breach that exposed 4.2 million credit and debit card numbers to computer hackers, a...

Study: Employees Undermine Data Breach Prevention Strategies

May 4 2009 // Many employees disable the encryption solutions on their laptops, putting their employers at risk for data breaches, according to a study by Absolute Software Corp. and The Ponemon Institute. The study, “The Human...

Study: Many Employees Undermine Data Breach Prevention Strategies

Apr 27 2009 // Many employees disable the encryption solutions on their laptops, putting their employers at risk for data breaches, according to a study by Absolute Software Corp. and the Ponemon Institute. The study, “The Human...

Data Security Presents a Risk — and Sales Opportunity — for Agents

Apr 20 2009 // It’s An Enormous Market That Includes Main Street Businesses Doing Credit Card Transactions Data security represents a new risk for independent insurance agencies that may not be compliant with data security laws or...

Defending Data

Apr 6 2009 // Data Security Breaches Present Emerging Risks and Opportunities for Agents Data security represents both a new market opportunity to sell insurance coverage and a new risk – especially for independent insurance...

Great American Insurance Introduces Cyber Risk Policy

Mar 27 2009 // Great American Insurance Group introduced a new modular policy providing coverage for a variety of cyber risks. The ISO based-Internet Liability and Network Protection Policy (ILNPP) was developed to protect commercial...

Defending Data

Mar 23 2009 // Data Security Breaches Present Emerging Risks and Opportunities for Agents Data security represents both a new market opportunity to sell insurance coverage and a new risk — especially for independent insurance...

Defending Data

Mar 23 2009 // Data Security Breaches Present Emerging Risks and Opportunities for Agents Data security represents both a new market opportunity to sell insurance coverage and a new risk — especially for independent insurance...

Arkansas Lawmakers Back Seat Belt, Teen Driver, Credit Report Laws

Feb 18 2009 // New restrictions on teen drivers and legislation allowing police to pull over motorists for not wearing their seat belts advanced in the Arkansas Legislature. Meanwhile, senators gave final approval to a bill that requires...

Lockton Launches Outsourcing, Data Breaches Risk Management Service

Feb 2 2009 // Lockton announced that is launching a unique set of risk management services to help companies address outsourcing risk and corporate response plans for data breaches. “These services are supported by leading cyber...

Fireman’s Fund Insures Payment Card Security Breach for Retail Stores

Jan 6 2009 // Fireman’s Fund Insurance Co. is introducing the first coverage for retailers that experience a breach of their payment card security system. According to the insurer, a single breach of a payment card security system...

AIG Crisis Highlights the Need for Insurance Professionalism

Nov 2 2008 // Are You an Insurance Professional or an Insurance Hack? Editor’s Note: The following commentary was originally published on InsuranceJournal.com. The Letter to the Editor, on page N41, is in response to this...

Experts Warn Businesses of Financial Impact of Cyber Risk

Oct 24 2008 // Experts in cyber risk, citing financial mismanagement behind the current economic crisis, are warning business executives they need to better understand how to manage their own cyber systems to avoid another crisis. The...