Latest Cyber Headlines

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

Parties Accused in Tragic N.Y. Boat Capsizing Deny Negligence

Mar 30 2006 // Defendants accused in the overturning of a boat that killed 20 elderly tourists last year on an Adirondack lake in New York argued in court papers they weren’t at fault and the accident was caused by events beyond...

64% of firms suffer loss due to cyber incidents

Feb 6 2006 // The FBI reports that 9 out of 10 organizations in the country are victims of some sort of computer security incident, and one-fifth are hit more than 20 times a year. Almost two-thirds suffer financial loss as a result of...

News Currents

Feb 5 2006 // Viruses and worms cost the most, accounting for $12 million of the $32 million in total losses. FBI: 64% of firms suffer loss due to cyber incidents The FBI reports that 9 out of 10 organizations in the country are victims...

Financial Institutions Face Significant Security Breach Costs

Feb 1 2006 // “For many financial institutions, a network security breach involving the release of confidential customer information is not a matter of if, but when,” cautioned Tracey Vispoli, vice president, Chubb &...

Credit Card Numbers Reported Stolen from R.I. Government Web Site

Jan 29 2006 // Thousands of credit card numbers were stolen from a state government Web site that allows residents to register their cars and buy state permits, authorities said Friday. The private company that runs RI.gov told the state...

Despite Rising “Cyber Crime” Threat Available Coverage Often Ignored

Jan 23 2006 // While most companies are well aware of the threats “cyber crime” poses to their computer systemsand data bases, many of them remain unaware of the availability of coverage to help deal with the damages caused...

Companies May Not Be Protected Against Personal Privacy Breaches

Dec 5 2005 // As more companies outsource the processing of sensitive personal information, insurance brokers and their clients need to be better educated about protecting customer and employee privacy, and about data security,...

Companies May Not Be Protected Against Personal Privacy Breaches

Dec 4 2005 // As more companies outsource the processing of sensitive personal information, insurance brokers and their clients need to be better educated about protecting customer and employee privacy, and about data security,...

ACE USA Study Unveils Top Issues Facing Risk Managers

Nov 10 2005 // A survey of challenges facing chief risk officers and senior risk managers, sponsored by the ACE Group of Companies, reportedly demonstrates that senior risk managers are becoming increasingly worried about identify theft...

Like A Virus

Nov 7 2005 // Technology and Information Risk Infect Traditional Businesses Following the “burst” of the dot-com bubble in 2001, business consumers of information technology have become more demanding of the technology...

Like A Virus

Nov 6 2005 // Following the “burst” of the dot-com bubble in 2001, business consumers of information technology have become more demanding of the technology resources, services and products they use. Information management,...

Media/Professional Insurance Offers Expanded Cyber-Risk Coverage

Aug 17 2005 // Media/Professional Insurance of Kansas City, Mo. has released an enhanced policy form for its CyberLiability Plus (TM) coverage, which protects Web-based businesses and their content against liability. The original policy...

Business Leaders Launch Campaign to Combat Data Fraud, Losses

Jul 22 2005 // After a string of high-profile data thefts and losses, business leaders this week announced an education campaign to better protect sensitive client information from hackers and other thieves. “The fraudsters are...

Lack of confidence in cyber security has economic, political effects

Jun 19 2005 // News Currents Americans share a lack of confidence in the Internet that could have political consequences. In addition, the lack of action by government to boost security of the digital infrastructure is manifesting itself...

Avoiding A Victim Mentality: How to Protect Yourself from Spam and Viruses

Jun 6 2005 // Small and mid-sized businesses (SMBs) are bigger targets for spam and viruses than they think–and the insurance industry is more at risk than most. For an act to be deemed malicious or damaging, there has to be a...

Avoiding A Victim Mentality: How to Protect Your Agency from Spam and Viruses

Jun 6 2005 // Small and mid-sized businesses (SMBs) are bigger targets for spam and viruses than they think-and the insurance industry is more at risk than most. For an act to be deemed malicious or damaging, there has to be a...

Avoiding A Victim Mentality: How to Protect Your Agency from Spam and Viruses

Jun 6 2005 // Small and mid-sized businesses (SMBs) are bigger targets for spam and viruses than they think-and the insurance industry is more at risk than most. For an act to be deemed malicious or damaging, there has to be a...

Protecting Agency Security Takes Center Stage

Jun 6 2005 // High profile cases of identity theft have been all over the general press in recent weeks. We have seen from these cases just how devastating an impact these security breaches can have on the reputations of the firms...

For Agents Facing Evil Internet Wizards, Security is a Matter of Liability as Well as Downtime

Jun 6 2005 // Viruses, Worms and Hackers, Oh My! In 2001, Boston-area independent agent Peter Anderson noticed that his agency’s network server was dramatically losing hard disk space. The last time he’d checked it, there...

Assurex Global Appoints Three Senior Executives

Mar 30 2005 // Columbus, Ohio-based Assurex Global has announced the appointment of three senior executives to its leadership team: Kelli K. Black, executive vice president and COO; Curt C. Anderson, vice president, finance; and Paul H....