Capital One Cyber Settlement to Cost $190 Million December 27, 2021 By Jenny Surane Capital One Financial Corp. agreed to pay $190 million to settle a class-action lawsuit that customers filed against the firm...
Fed Warns Credit Scores ‘May Lose Some Power’ After Covid May 20, 2021 By Jenny Surane The Federal Reserve Bank of New York warned that credit scores — the all-powerful number that can determine if a...
Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies February 10, 2021 By Katherine Chiglinsky and Jenny Surane The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability...
Capital One Breach Clouds Technology Strategy; Puts $400M Cyber Insurance in Play August 1, 2019 By Jenny Surane and Lananh Nguyen Capital One Financial Corp., in recent years, has beat the drum every chance it got: The cloud is cheaper. The...
Learning from Equifax Breach Where Growth Outpaced Security December 11, 2018 By Alyza Sebenius and Jenny Surane Equifax Inc. failed to modernize its technology security to match the company’s aggressive growth strategy and data gathering, a shortcoming...
How Bitcoin Is Fueling Ransomware Insurance Claims December 21, 2017 By Sonali Basak and Jenny Surane Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best...