Latest Cyber Headlines

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

Data Breach Impacts Pennsylvania College Students

May 20 2014 // Students at a northwestern Pennsylvania medical school are being urged to monitor their credit after their names and Social Security numbers were inadvertently posted online.The Erie Times-News says the data breach...

‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview

May 19 2014 // Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright...

Liberty Mutual Adds Cyber Coverages to Small Business BOP Policies

May 19 2014 // Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise...

Experts Fear Major Attack Only Way to Stir Corporate Action on Cyber Security

May 19 2014 // After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their...

Study: Company Data Breach Now Costs $3.5M on Average

May 19 2014 // The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a recent study.The study by the Ponemon Institute out of Michigan also found that the cost incurred for each...

Company Data Breach Now Costs $3.5M on Average: Ponemon Study

May 7 2014 // The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study.The study by the Ponemon Institute out of Michigan also found that the cost incurred for each lost or...

Security Expert Practices ‘Cyber-Hygiene’ to Guard Against ID Theft

May 6 2014 // You won’t find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a phishing...

Senate Cybersecurity Bill Gives Firms Liability Protection for Sharing Data

Apr 30 2014 // U.S. administration officials, private sector executives and privacy advocates are reviewing a draft of a bill that would encourage sharing of cybersecurity data between the government and companies, two key Senators said...

Virtual Privacy Expert Gives Insurers Privacy Tools for Clients

Apr 29 2014 // Data breach software firm ID Experts has partnered with risk management and claims consultant Enquiron to offer the Virtual Privacy Expert, an on-demand website service for insurance carriers looking to provide online...

Supply Chain, Data Breach, Political Unrest Top Overseas Risks for Businesses: Chubb

Apr 29 2014 // As U.S. and Canadian businesses plan to expand their business overseas this year, their executives are worried about supply chain failures, data breaches and political instability, according to a survey by the Chubb Group...

Healthcare Industry Lacks Adequate Cybersecurity, Says FBI

Apr 25 2014 // The FBI has warned healthcare providers their cybersecurity systems are lax compared to other sectors, making them vulnerable to attacks by hackers searching for Americans’ personal medical records and health...

Data Breach at Iowa State Could Affect Thousands

Apr 24 2014 // The Social Security numbers of nearly 30,000 people who enrolled at Iowa State University over a 17-year period were exposed in a data breach, school officials announced.Five information technology servers on the Ames...

Hackers Target Global Tanker, Container Shipping Fleet

Apr 24 2014 // The next hacker playground: the open seas – and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet.In this internet age, as more devices are hooked up online, so they...

AIG Expands Cyber Coverage to Include Physical Risks from Cyber Events

Apr 23 2014 // AIG has expanded its cyber insurance offering to include property damage and bodily injury exposures. This new cyber offering provides commercial customers a way to manage physical risks to their operations from cyber...

Infrastructure Cybersecurity

Apr 21 2014 // As the world increasingly becomes interconnected through technology and the internet the risks of cybersecurity and cyber terrorism have become increasingly real as well.Everything from aviation to manufacturing to...

What’s Next for Cyber Insurance?

Apr 21 2014 // There’s a saying in the cybersecurity industry that there are two types of businesses today: Those that have been breached and know it and those that have been breached and just don’t know it.Cyber-related data...

Cyber Coverage Demand Increased Significantly in 2013, Trend to Continue in 2014: Marsh

Apr 21 2014 // Demand for cyber insurance rose by 21 percent across all industries in 2013 compared to 2012, and early indications in 2014 are that the buying trend is accelerating, according to a Marsh Risk Management Research...

Energy Firms Unprotected for Major Cyber Events: Willis

Apr 15 2014 // Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said, likening the threat to a “time bomb” that could cost the industry billions of dollars.Willis highlighted the...

Court Says FTC Can Sue Hotel Chain Over Data Breaches

Apr 8 2014 // A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against hotel group Wyndham Worldwide Corp. for allegedly failing to safeguard consumers’ personal information.Wyndham had...

ACE Creates Global Cyber Risk Unit Headed by Merrill

Apr 7 2014 // ACE Group has created a Global Cyber Risk Practice to address growing risks as legislation and exposures for privacy and network security evolve around the world and customer demands for cyber risk insurance and risk...