All the headlines from our Cyber Topic Page, ordered by recency.
Oct 4 2016 // Edgewater Holdings has collaborated with specialty insurer and reinsurer Brit Global Specialty to offer cyber security protection through the Employment Practices Risk Management Association (EPRMA). Policies purchased...
Oct 3 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
Oct 3 2016 // Cyber security is a rapidly growing area of concern for executives across the world. The costs that can arise from a cyber breach can be catastrophic to a business. As a result, the cyber insurance market has ballooned...
Oct 3 2016 // No Human Zone“This proposal is not for the timid as initially it will be highly controversial because of natural skepticism about the likelihood and timing of autonomous vehicles and failure to recognize the...
Oct 3 2016 // The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a...
Sep 29 2016 // The National Association of Mutual Insurance Companies announced today that Ohio state Sen. Bob Hackett has been named the association’s State Legislator of the Year. Hackett was tapped as the top state legislator...
Sep 28 2016 // Panelists at the 2016 Professional Liability Underwriting Society (PLUS) Cyber Liability Symposium held Tuesday at the Hilton Midtown in New York City urged companies to take a closer look at data aggregation practices as...
Sep 27 2016 // As cyber attacks become a growing concern with advances in technology, firms should be working to establish a cybersecurity plan that is cohesive across business operations to effectively reduce damage and cyber insurance...
Sep 27 2016 // SWIFT, whose messaging network is used by banks to send payment instructions worth trillions of dollars each day, said three clients were hacked over the summer and cyber attacks on banks are set to increase.The theft of...
Sep 26 2016 // Business interruption, property damage and general liability are the top three risks faced by businesses, non-governmental organizations and governmental agencies operating outside the U.S., according to the Summer/Fall...
Sep 26 2016 // The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a...
Sep 26 2016 // Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric...
Sep 26 2016 // Yahoo Inc. was sued on Friday by a user who accused it of gross negligence over a massive 2014 hacking in which information was stolen from at least 500 million accounts.The lawsuit was filed in the federal court in San...
Sep 26 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of its Cyber division with the appointment of Russell Heaton as cyber class underwriter. He takes up his role with immediate effect and...
Sep 23 2016 // Yahoo Inc. said on Thursday that at least 500 million of its accounts were hacked in 2014 by what it believed was a state-sponsored actor, a theft that appeared to be the world’s biggest known cyber breach by...
Sep 23 2016 // IronPro, Ironshore’s financial and professional lines unit, is introducing Ironshore CyberCrime and DataProtect for English and Welsh Solicitors.Paragon International Insurance Brokers, a London-and-Bermuda-based...
Sep 22 2016 // Beazley, the London-based provider of data breach response insurance, has appointed Rafael Sanchez as Beazley Breach Response Services (BBR Services) manager, International, to manage the breach response services provided...
Sep 21 2016 // Online personal insurance seller CoverHound is adding business insurance offerings— including workers’ compensation and commercial auto— to its online platform at CoverHound.com.The site is starting by focusing...
Sep 19 2016 // Hiscox has combined the services of its healthcare and cyber underwriters to launch Healthcare Threat Protect to coordinate with a hospital’s professional and general liability as well as their growing cyber...
Sep 19 2016 // Emerging risks or traditional lines, innovation makes the differenceThe surplus lines market is eyeing another year of solid results for 2015. At press time, the final figures for 2015 surplus lines had yet to be released...