All the headlines from our Cyber Topic Page, ordered by recency.
Dec 11 2014 // William Gallagher Associates (WGA) in Boston has appointed Michael Talmanson as leader of the firm’s Technology and Cyber Risk Practice. Talmanson is a vice president who has been with the firm for 10 years. As a...
Dec 10 2014 // New York’s Financial Services Superintendent Benjamin Lawsky today issued an industry guidance letter to all New York Department of Financial Services (DFS)-regulated banks announcing the department’s new,...
Dec 10 2014 // Hackers are increasingly stealing directly from banks and other companies and helping organized crime to operate more efficiently, according to the chief of cyber-security firm Kaspersky Lab.Examples range from infecting...
Dec 9 2014 // Companies seeking to shield valuable data from criminals and government spying should assume the attackers have already penetrated their systems and adjust defensive strategies, security firms McAfee and Symantec Corp....
Dec 9 2014 // The U.S. Justice Department is creating a unit within the criminal division to advise on electronic surveillance in cyber investigations and work with the private sector to prevent online crime, an official said...
Dec 9 2014 // Cyber attacks and commercial drones pose a growing risk of commercial airplane crashes, a major insurer said, running counter to a long-term decline in fatal accidents and insurance premiums.Technical advances in aircraft...
Dec 4 2014 // Banks should consider cyber risk insurance to help deal with the financial fall-out from the growing threat of cyber attacks, a top U.S. regulator said on Wednesday.Bankers and officials have become more vocal lately about...
Dec 3 2014 // A federal judge on Tuesday rejected Target Corp.’s bid to dismiss a lawsuit by banks seeking to recoup money they spent reimbursing fraudulent charges and issuing new credit and debit cards because of the...
Dec 3 2014 // Iranian hackers have infiltrated some of the world’s top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to...
Dec 2 2014 // Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit.Some...
Nov 30 2014 // Liberty Mutual Insurance has launched cyber coverages on its commercial package products and monoline general liability policies for small- to mid-sized businesses. The new Data Security endorsement provides four optional...
Nov 25 2014 // Cyber liability insurance isn’t just for large corporations anymore.Demand for cyber liability insurance is now coming from middle-sized and small businesses, according to an insurance CEO who believes the market...
Nov 24 2014 // As more than half of all U.S. small businesses have experienced a data breach, Nationwide has joined forces with Hartford Steam Boiler (HSB) to offer cyber insurance coverage for small business owners. The services and...
Nov 23 2014 // A Target Corp. lawyer told a judge that the company had no legal obligation to banks that claim to have lost tens of millions of dollars after a hack last year on the retailer’s payment processing systems.Target...
Nov 20 2014 // Douglas R. Jones, senior vice president and principal at Texas-based Roach Howard Smith & Barton, was presented with the Cyber Risk Management Leadership Award 2014-15 at the annual Cyber Risk Management Boot Camp held...
Nov 20 2014 // Staples Inc., the world’s largest office-supply chain, said it can’t yet “reasonably” estimate the potential losses and expenses it will incur in connection with the possible credit-card data breach...
Nov 19 2014 // The National Association of Insurance Commissioners (NAIC) said it has formed a special task force to help states coordinate efforts related to cyber security and insurance industry data and coverages.NAIC said the task...
Nov 19 2014 // Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security...
Nov 17 2014 // John Farley Chicago-based global insurance broker Hub International Limited has hired John Farley as vice president and Cyber Risk Practice leader for East region operations. In this role, Farley will be responsible for...
Nov 17 2014 // While a majority of U.S. finance executives now see high-profile cyber-breaches as a major risk, many still have inadequate cyber insurance coverage, a new survey found. That finding comes from the Association for...