Latest Cyber Headlines

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

Should U.S. Retaliate for Cyber Attacks?

Jun 9 2015 // The Obama administration should retaliate for a cyber-attack on federal employee records that was the worst breach the U.S. government has ever suffered, members of Congress said on Sunday.“There has to be a price to...

Beecher Carlson Releases Cyber Business Interruption Calculator

Jun 8 2015 // Insurance broker Beecher Carlson has launched a cloud-based application service called CyberSelect BI Vision to help educate policyholders on their exposure to business interruption losses from cyber risk.The app is a...

The Risk of Data Breach in Agencies Today

Jun 5 2015 // Data breaches pose a serious threat to agents even though incidents involving large companies such as Target and Sony produce all the headlines. All agencies are vulnerable to breaches, no matter what their size, location...

Top 5 Issues in Often-Misunderstood Business Interruption Insurance

Jun 3 2015 // The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts.During a recent webinar hosted by global broker Marsh, insurance experts...

Allied World Launches New Cyber Risk Assessment, Mitigation Service

Jun 3 2015 // Allied World North America has launched Allied World // FrameWRX, a prescriptive and proactive cyber risk management program designed to help companies to address their exposures. This new offering provides Allied...

10 Things to Know About Financial Institutions

Jun 1 2015 // 1.Financial institutions are increasingly being scrutinized by regulators, both federal and state, about their safeguards to protect sensitive customer information. These regulatory inquiries are not only focused on the...

Top 10 Challenges Directors & Officers Face in 2015

Jun 1 2015 // Whether addressing a complex securities claim, a parallel government investigation or a lawsuit related to a cyberattack or merger, directors and officers continue to face complex challenges in today’s environment....

Brokers, Insurers Ready to Tackle Small Business Market

Jun 1 2015 // There is a shift happening in the small business segment and the insurance industry is aware and ready for it. The small businesses that survived the recession are different now, say underwriters. They have had to invest...

Companies Let Most Technology Assets Go Unprotected: Aon/Ponemon

Jun 1 2015 // Cyber is one of the fastest growing risks for companies across the globe, and information technology assets are often as valuable as property assets, yet companies are only protecting 12 percent of those assets compared to...

Lockton Partners with Cyber Risk Firm on Executive-Level Assessment Service

May 28 2015 // Dynetics, a provider of technology products, and the Washington, D.C. operations of Lockton Companies, have formed an alliance to provide Lockton clients direct access to QuickLook, an executive-level cyber risk assessment...

Banks Scuttle MasterCard Settlement with Target Over Data Breach

May 26 2015 // A proposed $19 million settlement between MasterCard Inc. and Target Corp. over the retailer’s 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday.The...

Are Planes Safe? Hacker Case Points to Deeper Cyber-Risk Issues

May 26 2015 // Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his under seat entertainment unit.Other security researchers...

Beazley Launches Risk Management Website for Breach Response Policyholders

May 22 2015 // Beazley has launched of a new risk management website for Beazley Breach Response (BBR) policyholders. The site offers tools and resources to help insureds prepare for and respond to a data breach and minimize reputational...

Health Insurer CareFirst Says Cyberattack Stole Data of 1.1M Users

May 21 2015 // CareFirst BlueCross BlueShield, which sells health insurance in Maryland, Virginia and the District of Columbia, said on Wednesday that a cyberattack compromised the data of 1.1 million current and former...

Ohio Group Unveils Plan to Deal With Cyberattacks

May 20 2015 // A group of politicians, law enforcement members and business leaders has given its blueprint for how Ohio communities can deal with cyberattacks to the state Emergency Management Agency.The Columbus Dispatch reported the...

Marsh Partners with FireEye on Cyber Risk Management Program

May 18 2015 // Marsh and cybersecurity company FireEye, Inc., have collaborated to offer clients Marsh Cyber OASIS (Objective Assessment Scorecard of Information Security). This service is designed to assists clients by providing an...

Sony, Zurich Settle PlayStation Data Breach Case

May 18 2015 // Sony Corp. of America and Zurich American Insurance Co. have reached a settlement in a commercial general liability (CGL) policy coverage case stemming from the April 2011 hacking of Sony’s PlayStation online...

Bitcoins: The Next Cyberinsurance Risk?

May 18 2015 // Consumers around the world are racking up more than 100,000 financial transactions every day without using cash, credit cards or a barter system. How are all those buyers doing it? With Bitcoins, of course.The growing use...

Cyber, Talent, Data Among Game Changers for Insurers

May 18 2015 // Protecting clients against growing and poorly understood risks associated with information technology system failures is a leading concern of the insurance industry today, according to a group of prominent underwriters and...

Texas-Based Sally Beauty Confirms Second Data Breach

May 15 2015 // The Sally Beauty chain, headquartered in Denton, Texas, has confirmed that it has suffered its second data breach in just over two years.The beauty products seller notified customers earlier this month that it was...