Latest Cyber Headlines

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

Florida Hotel Chain Reports Potential Customer Data Breach

Mar 11 2016 // An Orlando-based hotel chain is reporting that some of its guests’ credit card information may have been breached.Rosen Hotels & Resorts Inc. said on its website that malware was installed on its payment card...

Water District in Nevada County Hit With Cyber-Attack

Mar 9 2016 // The Clark County Water Reclamation District in Washington has been hit with a cyber-attack but officials say operations haven’t been disrupted and no customer or employee information was hacked.The agency said in a...

Home Depot Settles Data Breach Lawsuit for $19.5M

Mar 9 2016 // Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders.The home improvement retailer will set up a $13 million fund to...

Apple Ransomware Attack Thwarted Before Large Number of Computers Infected

Mar 9 2016 // The first known ransomware attack on Apple Inc.’s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer whose product was...

Beazley Reports Industry Data Breaches Up 60% in 2015

Mar 8 2016 // A leading data breach response insurer says its breach response unit handled 60 percent more data breaches in 2015 than in 2014 in the U.S., with a concentration of incidents in the healthcare, financial services and...

Untested Cyber Coverage Remains ‘Volatile,’ Experts Say

Mar 4 2016 // With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to work out underwriting requirements, and the market can be...

Chubb Offers ‘Cyber Enterprise Risk Management’ Solution for European Clients

Mar 3 2016 // Chubb announced the launch of Cyber Enterprise Risk Management, as the company continues to invest in its cyber risk capabilities across Europe.Cyber Enterprise Risk Management as “an end-to-end risk management...

5 Governments Write to China, Expressing Concern over New & Draft Laws

Mar 1 2016 // The United States, Canada, Germany, Japan and the European Union have written to China to express concern over three new or planned laws, including one on counterterrorism, in a rare joint bid to pressure Beijing into...

DUAL Commercial Launches New Online Cyber Program

Feb 29 2016 // DUAL Commercial, LLC has developed DUAL CyberSecurity, a new cyber program to be led by Phil Hoyt, director of Cyber Insurance. DUAL CyberSecurity provides coverage in conjunction with DUAL Commercial’s programs, as...

South Carolina Announces Initiative to Prevent, Fight Cybercrime

Feb 26 2016 // The South Carolina Revenue Department’s massive 2012 data breach gave Gov. Nikki Haley a firsthand lesson on the need for efforts to counter cybercrime, she said Wednesday.“Today, there is never a day I...

Israeli Cyber Security Business Foundry, Team8, on Track to Build 5 Firms by 2020

Feb 26 2016 // Team8, a cyber security business foundry created by veterans of the Israeli army’s technology and intelligence unit 8200, said it closed a $23 million round of financing. Team8 plans to use the money to develop five...

IronPro Enhances Cyber Policy Risk Management Services

Feb 24 2016 // IronPro, the professional liability unit of Ironshore Inc., is introducing a suite of enhanced risk management services for cyber policyholders. IronPro will provide eligible Ironshore Highly Protected Information (HPI)...

Investors Shunning Once-Hot Cybersecurity Startups

Feb 24 2016 // The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending.Amid widespread concerns...

Credit Card Buyers, Sellers Making Out Like Bandits

Feb 23 2016 // Cyber thieves who steal credit and debit card numbers are making millions of dollars in profits, fueling a global criminal enterprise marked by the high-profile data breaches of major companies such as Target and Home...

RLI to Roll Out New Cyber Liability Unit, Coverage in Q3

Feb 19 2016 // RLI Insurance Company and its Executive Products Group have created a new business unit to offer cyber liability insurance.The Cyber Liability Insurance unit will offer protection for exposures arising from adverse cyber...

California: 49M Records Breached in 4 Years

Feb 17 2016 // More than 49 million personal information records of California residents were compromised in 657 data breaches from 2012 to 2015, state Attorney General Kamala Harris said in a report citing tips on how people and...

IDT911 Enhances Data Breach Services for Commercial Insureds

Feb 16 2016 // IDT911 has enhanced its DataRiskStages data breach mitigation and remediation service for insurance companies and their commercial policyholders. The DataRiskStages platform has been enriched with three new features:...

Marsh Appoints Lobban as Senior Adviser on Cyber Risk

Feb 11 2016 // Marsh has announced the appointment of Sir Iain Lobban as senior adviser on cyber risk.Lobban is the former director of the Government Communications Headquarters (GCHQ), the UK’s security and intelligence...

Obama Budget Calls for Increased Cybersecurity Funding, New High-Level Post

Feb 10 2016 // The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal...

Russian Hackers Moved Ruble-Dollar Rate at Regional Bank: Cyber-Security Firm

Feb 9 2016 // Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15 percent in minutes, according to a Moscow-based cyber-security firm hired to investigate the...