Latest Cyber Headlines

All the headlines from our Cyber Topic Page, ordered by recency.

Some Sage Customers Open to Data Breaches Because of Their Own Lax Security

Aug 19 2016 // Sage Group, already hit by an insider data breach this week, then found itself racing to shut down security lapses by more than 20 customers after a U.S. researcher uncovered stores of their corporate data exposed...

List of 20 Hotels in 10 States Believed Hit by Hackers

Aug 16 2016 // Twenty Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by hackers for months.According to the hotel operator HEI Hotels & Resorts, malware put into place in...

Zurich Extends Security, Privacy Coverage to Captives

Aug 16 2016 // Zurich Insurance has expanded its cyber insurance product to companies and their captives to protect against risks associated with data security breaches including cyber-related breaches.Zurich’s Security and Privacy...

U.S. Intelligence to Help Companies Thwart Supply-Chain Hacking

Aug 12 2016 // U.S. intelligence officials are planning to provide information including classified threat reports to companies about the risks of hacking and other crimes tied to the supplies and services they buy.The effort is part of...

Global Business Groups Urge China’s Premier to Revise Draft Cyber Rules

Aug 12 2016 // In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules which they said would...

VW’s Keyless Entry Systems Vulnerable to Hacking: European Researchers

Aug 12 2016 // Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, according to European...

Allianz Launches Cyber Coverage to Address Emerging Risks

Aug 10 2016 // Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect designed exclusively for the North American market. The new product...

BCBS of Kansas City Service Provider Reports Data Breach

Aug 9 2016 // The Missouri Department of Insurance says the insurance information of more than 400,000 Missourians are potentially impacted by data breach at Newkirk Products Inc., a service provider that issues healthcare ID cards for...

Houston Police: Men Used Laptop to Reprogram, Steal 100-Plus Vehicles

Aug 8 2016 // Two men jailed in Houston and accused of using pirated computer software to steal more than 100 vehicles may have exploited an electronic vulnerability to advance auto theft into high-tech crime.Michael Arce, 24, and Jesse...

New Cyber Safety Ratings for Software Could Aid Insurers

Aug 4 2016 // A famed hacker who nearly 20 years ago told Congress he could take down the internet in 30 minutes is now going after the computer software industry, whose standard practices all but guarantee that most products will be...

Sciemus’ Move into Specialty Underwriting: A Case of ‘Adapt and Thrive’

Aug 3 2016 // It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this year into underwriting space, power, mining, renewable energy and cyber—as a managing general agent.Despite the...

Philadelphia Launches Cyber Security Liability Endorsement

Aug 1 2016 // Philadelphia Insurance Companies’ (PHLY) has launched a new Cyber Security Liability Endorsement that offers both first and third party protection for numerous classes of business.The Cyber Security Liability...

BHSI Offers Cyber Liability Cover in New Zealand; Marshall to Lead Product Line

Jul 28 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has introduced cyber liability insurance in New Zealand and appointed Ian Marshall to lead the product line locally as senior underwriter, Executive &...

Barnes & Thornburg Adds 2 Insurance Recovery Attorneys in California

Jul 27 2016 // Barnes & Thornburg LLP has added David Wood and Joshua Rosenberg to the firm’s litigation department and insurance recovery and counseling practice group.The firm also added John Corbett, of counsel, in Dallas,...

Capsicum Re Hires Bousfield, Palmer and O’Dwyer-Smith to Cyber Team

Jul 27 2016 // Capsicum Re*, the specialist reinsurance broker, announced it has hired Patrick Bousfield, Jane Palmer and Alice O’Dwyer-Smith to its cyber team. They are based in the London office and report to Ian Newman, a...

Integro Launches Cyber Risk Practice Focused on ‘Knowledge Assets’

Jul 26 2016 // International broker and risk management firm Integro Insurance Brokers has started a new cyber risk practice focused on exposures beyond the commonly accepted definition of data or ‘knowledge assets.’According...

Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth

Jul 26 2016 // Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability.Scott takes responsibility for enhancing Pen Underwriting’s capabilities in cyber risk management...

Texas Attorney: Information-Heavy Healthcare a Huge Target for Cyber Crime

Jul 25 2016 // Healthcare organizations contain a wealth of personal information, making them them the number one target for cyber breaches, according to a Houston-based attorney who specializes in healthcare privacy.Lynn Sessions, a...

Lloyd’s Has Potentially Large Exposure to Catastrophic Cyber Attack: Adsensa Review

Jul 25 2016 // A review of almost 400 reinsurance contracts underwritten at Lloyd’s of London has revealed potentially significant vulnerabilities and exposures if a catastrophic cyber attack should occur.Analysis of 392 property...

Changing Political Risk Landscape: Religious Extremists, Cyberterrorism Cause Concerns

Jul 25 2016 // In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential threats and different territories now threatened by attacks from religious extremists.Christof...