All the headlines from our Cyber Topic Page, ordered by recency.
Feb 16 2017 // The takeup rate of cyber insurance is rising, but the market’s growth to date has been uneven. Anne Hobson, a technology policy fellow at the R Street Institute, may have a solution to that problem. She proposes that...
Feb 16 2017 // Ukraine on Wednesday accused Russian hackers of targeting its power grid, financial system and other infrastructure with a new type of virus that attacks industrial processes, the latest in a series of cyber offensives...
Feb 15 2017 // Chubb has launched a suite of multiline cyber peril endorsements for its Global Cyber Facility to helps risk managers address exposure gaps in their insurance portfolio and respond to the concerns of their c-suite and...
Feb 15 2017 // Authorities say as many as 7,700 Manatee County school employees are at risk of being victims of a data breach.School officials learned earlier this month that two payroll employees of the school district along...
Feb 15 2017 // Ed, the London-based reinsurance, wholesale and specialty broker, has announced several appointments over the past few weeks in the areas of international property and casualty, marine and energy, finance, and...
Feb 15 2017 // The UK’s National Cyber Security Centre (NCSC) was officially launched this week – a government sponsored organization that is focused on improving the UK’s cyber security and cyber resilience.The NCSC will...
Feb 9 2017 // Arthur J. Gallagher announced it has responded to the “perfect storm” facing manufacturers – a rising risk of cyber attacks, coupled with increased vulnerability and largely excluded exposures – by...
Feb 9 2017 // AXIS Capital Holdings Ltd. announced that Neil Arklie has joined AXIS Insurance as vice president, Financial Lines, and lead underwriter for its London-based international cyber insurance unit.Arklie will lead a team of...
Feb 8 2017 // British banking executives and security experts are growing frustrated at the dearth of information available more than three months after 2.5 million pounds ($3.09 million) was stolen from Tesco Bank in the UK’s...
Feb 7 2017 // A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber-attacks. Fewer than one-third (30 percent) qualify...
Feb 6 2017 // Marsh has launched Marsh CyberShield, an exclusive cyber risk and data breach insurance policy for mid- to large-sized organizations. Available globally to Marsh clients outside of the US, Marsh CyberShield can provide up...
Feb 6 2017 // Only 5 percent of large U.K. companies say their boards include directors with expertise in information technology or cyber security, even though the vast majority identify hacking and other digital threats as serious...
Feb 6 2017 // The Delaware Department of Insurance is investigating a security breach involving Summit Reinsurance Services Inc. (SummitRe) and BCS Financial Corp., both subcontractors of Highmark BlueCross BlueShield of Delaware.The...
Feb 6 2017 // San Francisco, Calif.-based Wells Fargo Insurance released its 2017 Insurance Market Outlook and Employee Benefits Outlook report in late January, which shows this year’s property/casualty insurance market will again...
Feb 6 2017 // Leaders of the property/casualty (P/C) insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017, with cyber leading the way as a huge untapped market, according to an Industry...
Feb 6 2017 // Twenty years ago, we locked our doors and windows and had a good level of confidence that our homes were safe. If a burglar wanted in, he had to stake out a home and physically break into windows and doors to gain...
Feb 6 2017 // Eight out of 10 U.S. consumers have a home data network and more than one-third of them connect entertainment systems, gaming consoles and other smart devices to the Internet. According to a survey from The Hartford Steam...
Feb 6 2017 // Nonprofit organizations come in all shapes and sizes. They are a loyal bunch, often sticking with their valued agents and brokers for years, say two insurance specialists.Sheila Shaw, senior vice president, and Brad...
Feb 3 2017 // With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart...
Feb 2 2017 // Specialty insurer Beazley, which offers data breach response insurance, said its specialized breach response unit saw ransomware attacks quadruple in 2016 and the insurer projects they will double again in 2017.Nearly half...