All the headlines from our Cyber Topic Page, ordered by recency.
Jul 15 2014 // Security breaches exposing consumers’ personal information are becoming larger and more frequent in New York, costing businesses more than $1.37 billion last year, the state attorney general’s office said.Data...
Jul 14 2014 // Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.High profile cases of hackers...
Jul 9 2014 // The Senate is advancing legislation that would let companies and the U.S. government share information about hacking threats, even as privacy advocates say the plan could enable the National Security Agency to sweep up...
Jul 8 2014 // Wall Street’s biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an...
Jul 7 2014 // Southern California’s Rady Children’s Hospital says the private health data of more than 20,000 young patients was mistakenly shared with a handful of job applicants.In one breach in June a Rady employee...
Jul 2 2014 // Although the frequency of law firm malpractice claims has begun to level off following a post-recession surge, their severity has continued to increase.A study by insurance broker Ames & Gough finds most leading legal...
Jul 2 2014 // In an 11-story office building in the Washington suburbs, hundreds of U.S. cybersecurity analysts work around the clock to foil hackers. Possible breaches of government networks show up as red flashes on screens that line...
Jun 25 2014 // Cyber theft of trade secrets by China is a threat to U.S. national security, U.S. Ambassador to China Max Baucus said on Wednesday in the first major public address of his tenure, warning that Washington would continue to...
Jun 24 2014 // Zurich North America has introduced new property coverage for cloud-dependent, middle-market companies. As the new property coverage enhancement for companies is not location specific, Zurich now offers insurance coverage...
Jun 20 2014 // Southern California’s Rady Children’s Hospital says the private health data of more than 20,000 young patients was mistakenly shared with a handful of job applicants.U-T San Diego reported that in one breach...
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses.Leib Dodell, a veteran...
Jun 19 2014 // The U.S. Senate Intelligence Committee is expected to consider a bill next week aimed at encouraging companies to exchange information on hacking attempts and cybersecurity threats with the government, senators said this...
Jun 18 2014 // To meet the demand for cyber insurance in the U.S. and Canada, XL Group’s Global Professional unit said it has established a North America Cyber & Technology Risk business unit.The new business is being led by...
Jun 11 2014 // With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next.The reality, cyber security experts say, is...
Jun 10 2014 // Learning how to manage increasingly complex and evolving risks is essential if property/casualty insurers are to serve the needs of their customers in a changing world.According to analysts and industry executives at...
Jun 9 2014 // Cybercrime remains a growth industry.That’s the main message from former U.S. intelligence officials, who in a report today outlined scenarios for how $445 billion a year in trade theft due to computer hackers will...
Jun 2 2014 // NAS Insurance Services and Swett & Crawford have created new cyber liability products for IIABCal members and their clients. Members can now log on to NAS Online to quote and issue cyber liability policies for their...
May 27 2014 // Former Willis executive Christopher Keegan is joining Atlanta-based insurance broker Beecher Carlson to head the firm’s cyber liability practice. As part of the executive liability practice, Keegan will be expanding...
May 22 2014 // Cyber security and cyber threats are growing, both in numbers and in costs. They will certainly continue to increase as they follow the increases in Internet use and the rapid changes in how electronic information is...
May 21 2014 // Three U.S. public companies identified as Chinese hacking victims didn’t report the theft of trade secrets and other data to investors, despite rules designed to disclose significant events.Two of the companies...