All the headlines from our Cyber Topic Page, ordered by recency.
Apr 20 2015 // The per capita cost of a data breach to the public sector is $172 per record, according to the “2014 Cost of Data Breach Study: United States” — Ponemon Institute Public sector companies have the highest...
Apr 20 2015 // Our industry loves acronyms and buzzwords. Allacronyms.com publishes a list of 1,086 insurance industry acronyms. Iwebhound.com has an acronym list that is even larger. You can tell when insurance people are talking to...
Apr 20 2015 // Data privacy is a rapidly evolving area with many misconceptions. Being aware of such myths puts agents at an advantage as they can explain, in relatable terms, why their clients need to focus on this issue.Security and...
Apr 20 2015 // Between 2010 and 2013, there were more than 900 data breaches of protected health information affecting at least 500 individuals, with most of them resulting from overt criminal activity, according to a study in the April...
Apr 20 2015 // The insurance industry, like other businesses, has come to realize it needs to do more to protect its companies, customers, employees and portfolios from cyber threats. Cyber-savvy professionals are in high-demand and are...
Apr 20 2015 // The New York State Department of Financial Services (NYDFS) issued a report on April 9 that found significant potential cybersecurity vulnerabilities with banks’ third-party vendors.New York regulators noted that...
Apr 16 2015 // WikiLeaks published more than 200,000 internal Sony Pictures Entertainment documents and e-mails, opening a new chapter in the hacking saga that enveloped Sony Corp.’s Hollywood studio late last year.The release...
Apr 16 2015 // Target Corp. said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that were a part of the massive data breach at the retailer in 2013.The amount under the...
Apr 16 2015 // Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the remainder of 2015.But...
Apr 16 2015 // American International Group Inc. as acquired a minority stake in K2 Intelligence, an corporate investigations firm.The companies said they have agreed to co-develop products and services to help AIG’s customers...
Apr 15 2015 // A Missouri lawsuit seeking class-action status accuses three insurance subsidiaries of failing to safeguard sensitive consumer data from hackers who recently breached health insurer Anthem Inc.’s computer networks.A...
Apr 15 2015 // It’s a seller’s market for the cyber war’s special forces.Just ask Scott Davies, 30, who left a career snooping on Australia’s enemies in December for a similar gig at FireEye Inc. Or Brian Varner,...
Apr 14 2015 // This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined...
Apr 14 2015 // Between 2010 and 2013, there were more than 900 data breaches of protected health information affecting at least 500 individuals, with most of them resulting from overt criminal activity, according to a study in the April...
Apr 14 2015 // When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack.If hackers are portrayed as well-funded geniuses, victims look less vulnerable,...
Apr 13 2015 // Companies are finding a way to minimize the repercussions when their digital security is violated. Unfortunately, they’re turning to the same safeguards that protect the guitar-strumming hands of Keith Richards, the...
Apr 10 2015 // Scottsdale, AZ, April 10, 2015- Nautilus Insurance, which writes on behalf of Nautilus Insurance Company and Great Divide Insurance Company, member companies of W. R. Berkley Corporation, has announced the enhancement of...
Apr 9 2015 // The New York State Department of Financial Services (NYDFS) issued a report Thursday that found significant potential cybersecurity vulnerabilities with banks’ third-party vendors.New York regulators noted that banks...
Apr 9 2015 // The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director Michael McRaith assured...
Apr 7 2015 // Hacking attacks that destroy rather than steal data or that manipulate equipment are far more prevalent than widely believed, according to a survey of critical infrastructure organizations throughout North and South...