All the headlines from our Cyber Topic Page, ordered by recency.
Sep 19 2016 // Losing data strikes more fear in businesses than getting hacked.A survey released earlier this month by San Francisco, Calif.-based Wells Fargo Insurance shows 47 percent of mid-sized companies were concerned with losing...
Sep 16 2016 // Chubb has expanded its cyber risk engineering capabilities in the U.K. and Ireland, as it continues to invest in building its cyber enterprise risk management proposition in the region.Chubb’s U.K. and Ireland...
Sep 15 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...
Sep 13 2016 // Four Republican members of Congress on Monday urged U.S. auto safety regulators to convene an industry-wide effort to prevent possible attacks on computer systems in vehicles.The lawmakers addressed their concerns in a...
Sep 12 2016 // Reinsurance demand has increased over the past 18 months, with the cession ratio across the global property/casualty insurance industry registering a small rise for the first time in several years, and the trend expected...
Sep 8 2016 // St. Jude Medical will face an uphill battle in its corporate defamation lawsuit over a short-seller’s report that said the medical device company’s heart implants were vulnerable to cyber attacks, lawyers...
Sep 8 2016 // University of Alaska officials say someone used an employee’s credentials to hack into a network drive that contained private information like Social Security numbers of more than 5,400 students at the Mat-Su...
Sep 7 2016 // St. Jude Medical Inc. said it had filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings Ltd. alleging they intentionally disseminated false and misleading information in order...
Sep 7 2016 // Losing data strikes more fear in businesses than getting hacked.A survey released today by San Francisco, Calif.-based Wells Fargo Insurance shows 47 percent of mid-sized companies were concerned with losing private data...
Sep 6 2016 // The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. American International Group (AIG), Chubb and XL Group led the market, according to Fitch...
Sep 6 2016 // Rebuilding Cyber Insurance in the Wake of P.F. Chang’s vs Chubb Ltd.If the cyber insurance landscape seems like a confusing mess, you are not alone. In fact, the recent case of P.F. Changs v. Federal Insurance Co....
Sep 6 2016 // Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft.Goodman...
Sep 1 2016 // Swiss Re Corporate Solutions has expanded its cyber offering with the launch of CyberSolutions Germany, a new, market-specific primary insurance product.This advanced cyber risk protection solution provides tailored...
Aug 30 2016 // Despite frequent reports of hacking, cybercrime, security breaches and related events in all parts of the U.S., many middle market companies continue to underestimate their exposure to these attacks along with their need...
Aug 29 2016 // About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch.Fitch aggregated the cybersecurity statutory supplement data for the U.S....
Aug 25 2016 // Ohio-based insurance brokerage firm, Hylant, named Spencer Timmel to the newly created position of vice president, Cyber & Technology Risk Practice leader. Spencer speaks regularly on network security and privacy...
Aug 24 2016 // Allied World U.S. has appointed Jason Glasgow as vice president and practice lead for Technology, Privacy & Network Security Professional Liability. In this role, Glasgow will be responsible for the strategy,...
Aug 23 2016 // Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft.Goodman...
Aug 22 2016 // In 2015, two researchers remotely hacked a Jeep Cherokee being driven by a reporter who documented how the researchers controlled everything from the car’s radio and media console to its brakes and steering.For Dr....
Aug 22 2016 // The insurance marketplace for cyber liability is constantly evolving. Technology is always improving, the level of data security and awareness is escalating and the tools used by the criminals and the bad actors are...