Latest Cyber Headlines

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

The New Target for Cybercriminals

Oct 21 2013 // Businesses both large and small, across industries, fall victim to data breaches every day. One of the top targeted industries remains financial services. Top financial institutions have made headlines in a string of...

Is TRIA for Cyber Terrorism?

Oct 21 2013 // The insurance industry will count on the Terrorism Risk Insurance Program (Program) if there is a terrorist strike on the United States, but will the Program respond if the act of terrorism is a cyber event?Cyber terrorism...

Tech Risks Threaten Supply Chain More Than Weather: Guy Carpenter

Oct 21 2013 // Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter.The report, “Tomorrow Never...

The Robots Are Coming!

Oct 21 2013 // Robots of the future could improve business efficiencies, but companies must implement risk management beyond legal requirements to minimize accidents and damage to their reputation.In recent years, robotics applications...

Las Vegas Sun: Cyberattack Behind Website Outage

Oct 17 2013 // Officials at the Las Vegas Sun say a cyberattack crashed their website for several hours Tuesday morning.Donn Jersey, the publisher of the website and its sister sites, says the outage apparently started a little after 6...

Travelers Launches Online Cyber Risk Resources for Business Owners

Oct 7 2013 // Travelers has introduced a suite of online resources to help business owners navigate the growing threat of cyber risks while also protecting their assets and their customers’ information. The launch of the new...

Lloyd’s CEO Richard Ward Reflects on ‘Nearly 8’ Eventful Years

Oct 6 2013 // Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he...

Attorney Jeff Kingsley on ‘Post Event’ Regulatory Changes, Cyber Liability

Sep 29 2013 // Jeff Kingsley, a partner in the law firm of Goldberg Segalla, specializes in the emerging and highly complex field of cyber liability and security, which requires explaining the difficult process of applying the long held...

Snowden Leaks, NSA Activities Complicate Push for Cybersecurity Law

Sep 26 2013 // Senior U.S. officials on Wednesday sought to mend fences with the technology industry as they renewed their pleas for legislation to increase the flow of information about cyber attacks between federal agencies and private...

Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec

Sep 17 2013 // Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said on Tuesday, and it linked the group to some of the best-known cyber-espionoge...

Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses

Sep 11 2013 // Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing...

Carriers Urged to End Cyber Exclusion Clause for Energy Firms

Sep 6 2013 // Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern among global energy firms, according to Marsh’s latest Energy Market...

Chubb’s Lloyd’s Syndicate Announces Cyber Security Offering

Sep 5 2013 // Chubb’s London office announced the availability of cyber security insurance through its Lloyd’s Syndicate, Chubb 1882. It is “based on Chubb’s successful US offering, the product combines...

Willis Report Finds Many Firms Silent on Cyber Risk

Sep 4 2013 // Fortune 1,000 firms in the health care, technology and insurance sectors top the list of industry groups most concerned about cyber threats, but many public companies still appear to be avoiding seriously addressing the...

Burand’s Agency E&O Blog: Tip #43

Aug 30 2013 // Offering Cyber Liability. Almost without exception all businesses need cyber liability coverage today and yet relatively few have this vital coverage. The exposures can be significant both from an E&O perspective and a...

Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies

Aug 28 2013 // If the United States attacks Syria, it will be the first time it strikes a country that is capable of waging retaliatory cyberspace attacks on American targets.The risk is heightened by Syria’s alliance with Iran,...

Homeland Security Chief Says U.S. Should Expect ‘Major’ Cyber-Attack in Future

Aug 27 2013 // The U.S. will face a cyber-attack in the future that will cause major disruption in the economy, the outgoing Homeland Security Department chief said.“Our country will, at some point, face a major cyber-event that...

Concerns Over Cyber Security Risks Outweigh Traditional Risks

Aug 19 2013 // Cyber security risks have become more worrisome to large organizations than traditional natural catastrophe risks, according to a new study.The study, titled “Managing Cyber Security as a Business Risk: Cyber...

Lessons from U.S. Blackout of 10 Years Ago: Kemp

Aug 14 2013 // Exactly 10 years ago, at 15:05 Eastern Time on August 14, 2003, an overhead power line came into contact with an overgrown tree near Cleveland, Ohio.What happened next is a frightening case study of how vulnerable modern...

Republican Sen. McConnell Calls for Delay in Obamacare Insurance Exchanges

Aug 13 2013 // Senate Republican leader Mitch McConnell on Monday called on the Obama administration to delay the Oct. 1 opening of exchanges where uninsured Americans will be able to buy health insurance until the U.S. government can...