All the headlines from our Cyber Topic Page, ordered by recency.
Feb 22 2017 // The Louisiana Department of Insurance reported that a reinsurance broker contracted by the Louisiana Health Cooperative (LAHC) has experienced a data breach.As a result, former LAHC policyholder Personally Identifiable...
Feb 21 2017 // The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries.The number one issue for...
Feb 17 2017 // New York state announced a final cyber security regulation on Thursday with mandatory standards for banks and insurers to combat the ever-increasing risk of cyber attacks.The regulation, which takes effect March 1, follows...
Feb 17 2017 // Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business services underwriter focused on addressing the data breach and cyber security risks of...
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...