All the headlines from our Cyber Topic Page, ordered by recency.
Apr 30 2019 // The University of Alaska is attempting to contact people who may have been affected by a computer data breach.The Daily News-Miner reported Sunday that hacking between January and February 2018 may have compromised email...
Apr 30 2019 // Arch Insurance (UK) Ltd., the London-based subsidiary of Arch Insurance International, is set to enter the cyber insurance market with a new product focused on the needs of small and medium enterprise (SME) clients and...
Apr 30 2019 // Norsk Hydro said the March cyber attack that paralyzed its computer networks would cost the aluminum maker up to 450 million Norwegian crowns ($52 million) in the first quarter.The Oslo-based firm, one of the world’s...
Apr 29 2019 // Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon’s 2019 Global...
Apr 26 2019 // Coalition, a cyber insurance company for small and midsize businesses, has launched comprehensive coverage for healthcare companies.The healthcare-specific policy is designed to fully addresses the risk healthcare...
Apr 26 2019 // Brit Ltd., the London-based specialty insurer and reinsurer, announced it has increased the flexibility and limits of Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical...
Apr 24 2019 // Sixty-one percent of firms surveyed for insurer Hiscox had a cyber attack in the past year, compared to 45% in 2018. Meanwhile, the median cost for cyber incidents losses soared from $229,000 to $369,000.While those...
Apr 24 2019 // The head of Britain’s GCHQ spy agency on Wednesday will call on businesses and the finance sector to work with intelligence officials to help secure the internet and protect customers online.In extracts of a speech...
Apr 22 2019 // The overall cost to large businesses of defending against class action lawsuits continues to rise even as the number of companies sued falls. This is happening because more companies being sued are facing multiple suits...
Apr 17 2019 // The message about the need to take cyber risk and insurance seriously is getting through to companies and boardrooms.“As risk awareness has grown, more organizations, particularly those focused on their business...
Apr 17 2019 // In March of 2017, the New York Department of Financial Services (DFS) implemented 23 NYCRR §500 (NY Reg. 500). In doing so, it became the first state regulatory authority to impose regulations that address cybersecurity...
Apr 17 2019 // Millions of people may be able to show their smartphones rather than a plastic card to prove they’re legit to drive, vote or buy a beer in coming years.Louisiana in July became the first state to make digital...
Apr 10 2019 // Yahoo has struck a revised $117.5 million settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history.The proposed class-action settlement made...
Apr 9 2019 // When Norsk Hydro, one of the world’s largest aluminum producers, was hit by a major cyber attack in the early hours of March 19, it was already undergoing a major upheaval: just the day before the attack, the...
Apr 8 2019 // The Federation of European Risk Management Associations (FERMA) is concerned about proposed cyber insurance guidelines being developed by the International Organization for Standardization (ISO), calling them...
Apr 4 2019 // German drugmaker Bayer has contained a cyber attack it believes was hatched in China, the company said, highlighting the risk of data theft and disruption faced by big business.Bayer found the infectious software on its...
Apr 4 2019 // Mercury Insurance has launched a home cyber protection offering for homeowners and renters in Georgia.The new coverage will provide Mercury policyholders with cyber insurance protection that includes payment and security...
Apr 2 2019 // Boston-based Corvus Insurance, an artificial intelligence (AI)-driven insurtech company offering Smart Commercial Insurance policies, has opened an office in Dallas and hired Greg Wagner as vice president of Cyber...
Apr 2 2019 // Beazley has added two new product lines to broker e-trading platform myBeazley to meet the needs of UK-domiciled private businesses with a turnover of up to £350 million (US$457.8 million).UK brokers can now access...
Apr 1 2019 // Tokio Marine HCC has acquired in Encino, Calif.-based NAS Insurance Services LLC.Terms of the deal were not disclosed. The acquisition of NAS represents the continuance of a partnership between NAS and the Tokio Marine...