Latest Cyber Headlines

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

LIU Partners with BitSight Technologies to Provide Information Monitoring to Insureds

Feb 27 2014 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has collaborated with BitSight Technologies to provide LIU Data Insure policyholders with current ratings on their company’s information...

Target’s Cyber Insurance Softens Blow of Massive Credit Breach

Feb 26 2014 // Target Corp. shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe as some had feared.The...

Attorney General Supports National Notification Standard for ID Theft

Feb 24 2014 // U.S. Attorney General Eric Holder, citing the recent massive data theft at retailer Target Corp., urged Congress on Monday to enact a national standard for notifying consumers about such breaches.“This would empower...

Technical and Medical Device Convergence Exposes New World of Risks

Feb 24 2014 // When the acclaimed television drama series Homeland climaxed with a devious plot by terrorists to kill the U.S. vice president by hacking into his electronic pacemaker, critics mocked the ludicrousness of the idea deeming...

Technology’s Opening a Whole New World of Agent E&O Exposures

Feb 24 2014 // Those in the insurance industry have another errors and omission (E&O) risk to consider these days, and they have technology to thank for it. Anyone in the insurance industry that possesses, stores, transmits or...

State Laws Complicate Data Breach Notification Policy

Feb 24 2014 // Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of...

Kentucky Forms Financial Cybercrime Prevention Task Force

Feb 21 2014 // The Kentucky Department of Financial Institutions has created a task force aimed at preventing financial cybercrime. “The task force will help prevent cyberattacks from undermining the future integrity of the...

Las Vegas Sands Says Hacking Went Further Than Email, Websites

Feb 20 2014 // Casino giant Las Vegas Sands Corp. says hacking into their websites and internal systems last week went deeper than the company previously acknowledged.All of the Las Vegas-based company’s sites were down for six...

Financial Services, Retail Groups Team Up on Cybersecurity

Feb 14 2014 // U.S. banks and retail groups announced on Thursday that they are joining forces to work on cybersecurity, a sign they are trying to move past recent squabbles over who is to blame for data breaches.The Financial Services...

States’ Rules Complicate Efforts to Enact Uniform Data Security Law

Feb 12 2014 // Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of...

N.Y. Regulator Talks About Insurance Markets, 2014 Agenda

Jan 30 2014 // A top official from New York State’s Department of Financial Services (DFS) recently spoke about the state’s property/casualty insurance markets, calling it overall very good but “a bit more of a mixed...

Aon Supports Observation of Today’s ‘Data Privacy Day’

Jan 28 2014 // Aon’s London office announced that its risk management and human resources solutions units have “continued as a Champion of Data Privacy Day (DPD) according to the National Cyber Security Alliance.”As a...

Texas-Based Michaels Stores Investigating Possible Data Breach

Jan 27 2014 // Michaels Stores says it is investigating a possible company data security breach that may have affected its customers’ payment card information.The Irving, Texas, company said it launched the probe after learning of...

Companies Can’t Stop Data Theft at Reasonable Cost: Execs at Davos

Jan 24 2014 // Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies’ efforts to protect it, senior businessmen and bankers gathering for the World Economic Forum...

State Laws Provide Leeway For Businesses Reporting Data Breaches

Jan 20 2014 // A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets companies such as Target Corp. wait weeks or even months to disclose security breaches.Forty-six of 50 U.S....

Threats from Cyber Crime, Terrorism Under-Rated by Captives: Aon Report

Jan 17 2014 // Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected...

Kentucky Weighs Cyber Breach Notifcation Law

Jan 16 2014 // A bill backed by state Auditor Adam Edelen and a bipartisan group of lawmakers would require state and local government agencies to notify Kentuckians when their personal information is breached.The bill’s backers...

Worsening Wealth Gap Is World’s Biggest Risk: World Economic Forum

Jan 16 2014 // The chronic gap between the incomes of the richest and poorest citizens is seen as the risk that is most likely to cause serious damage globally in the coming decade, according to over 700 global experts contributing to...

Chubb Europe Launches Updated ‘MasterPackage’ for Technology Companies

Jan 15 2014 // Chubb Insurance Company of Europe SE announced the launch of the new edition of its MasterPackage for Technology Companies policy. It described the product as a “comprehensive first and third party policy to cater...

Credit Card Breach Update: Neiman Marcus Investigated; Target Sued by Bank

Jan 15 2014 // Neiman Marcus Group Ltd. is being investigated by states including Connecticut and Illinois over the theft of customer credit-card data by hackers, and a bank sued Target Corp. for its data breach during the holiday...