All the headlines from our Cyber Topic Page, ordered by recency.
Mar 17 2016 // IronPro, Ironshore’s financial and professional lines unit, is introducing a suite of enhanced cyber and Technology E&O products customized for the Canadian marketplace. IronPro’s cyber and tech products...
Mar 16 2016 // A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly $1...
Mar 15 2016 // The Bank of England is frequently faced with cyber threats as hackers probe for vulnerabilities in the central bank’s computer systems.The revelation was made in a response by the U.K. central bank to a Freedom of...
Mar 14 2016 // Clermont Specialty Managers, a W.R. Berkley company, is now offering data compromise and Cyber One coverages for their customers through Hartford Steam Boiler, a Munich RE company. The program provides protection for data...
Mar 11 2016 // Investigators suspect unknown hackers managed to install malware in the Bangladesh central bank’s computer systems and watched, probably for weeks, how to go about withdrawing money from its U.S. account, two bank...
Mar 11 2016 // An Orlando-based hotel chain is reporting that some of its guests’ credit card information may have been breached.Rosen Hotels & Resorts Inc. said on its website that malware was installed on its payment card...
Mar 9 2016 // The Clark County Water Reclamation District in Washington has been hit with a cyber-attack but officials say operations haven’t been disrupted and no customer or employee information was hacked.The agency said in a...
Mar 9 2016 // Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders.The home improvement retailer will set up a $13 million fund to...
Mar 9 2016 // The first known ransomware attack on Apple Inc.’s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer whose product was...
Mar 8 2016 // A leading data breach response insurer says its breach response unit handled 60 percent more data breaches in 2015 than in 2014 in the U.S., with a concentration of incidents in the healthcare, financial services and...
Mar 4 2016 // With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to work out underwriting requirements, and the market can be...
Mar 3 2016 // Chubb announced the launch of Cyber Enterprise Risk Management, as the company continues to invest in its cyber risk capabilities across Europe.Cyber Enterprise Risk Management as “an end-to-end risk management...
Mar 1 2016 // The United States, Canada, Germany, Japan and the European Union have written to China to express concern over three new or planned laws, including one on counterterrorism, in a rare joint bid to pressure Beijing into...
Feb 29 2016 // DUAL Commercial, LLC has developed DUAL CyberSecurity, a new cyber program to be led by Phil Hoyt, director of Cyber Insurance. DUAL CyberSecurity provides coverage in conjunction with DUAL Commercial’s programs, as...
Feb 26 2016 // The South Carolina Revenue Department’s massive 2012 data breach gave Gov. Nikki Haley a firsthand lesson on the need for efforts to counter cybercrime, she said Wednesday.“Today, there is never a day I...
Feb 26 2016 // Team8, a cyber security business foundry created by veterans of the Israeli army’s technology and intelligence unit 8200, said it closed a $23 million round of financing. Team8 plans to use the money to develop five...
Feb 24 2016 // IronPro, the professional liability unit of Ironshore Inc., is introducing a suite of enhanced risk management services for cyber policyholders. IronPro will provide eligible Ironshore Highly Protected Information (HPI)...
Feb 24 2016 // The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending.Amid widespread concerns...
Feb 23 2016 // Cyber thieves who steal credit and debit card numbers are making millions of dollars in profits, fueling a global criminal enterprise marked by the high-profile data breaches of major companies such as Target and Home...
Feb 19 2016 // RLI Insurance Company and its Executive Products Group have created a new business unit to offer cyber liability insurance.The Cyber Liability Insurance unit will offer protection for exposures arising from adverse cyber...