Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Data Privacy Risks as Digital Identity Moves to Biometrics, Blockchain
May 21 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
Risk Management Not Keeping Pace with Technology Trends: Marsh-RIMS Report
May 21 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published in...
Insurers’ Worst Fear: Cyber Hurricane or Silent Cyber?
May 21 2018 // Insurers in the cyber insurance segment have enjoyed exponential growth in the market over the last 10 years, and that is expected to continue as the world becomes even more connected via the internet. But while the growth...
Georgia Gov Vetoes Controversial Cybercrime Bill
May 21 2018 // Georgia’s governor has vetoed a bill that would have criminalized unauthorized computer access after receiving blowback from the state’s booming cybersecurity industry. The bill, vetoed by Republican Gov....
Arizona City’s Online Payment System Finally up Following Cyber Attack
May 17 2018 // Officials in Goodyear, Ariz. say the city’s online payment system is functioning again after a cybersecurity attack affected the software. The city became aware of the situation on its online payment system May 7 and...
GDPR Insurance: Coverage for Fines Hard to Find But Other Non-Compliance Costs Insurable
May 16 2018 // The civil fines for non-compliance with the European’s new data privacy law can be steep but organizations across Europe should not expect to have their insurance cover them. Unless the business or organization is in...
Best Countries to Locate a Business in Age of Cyber, Storms, Fires and Political Risk
May 16 2018 // The risk of cyber attack, once overhyped, now threatens businesses’ very existence. Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while...
Ohio Chocolate Company: Hacker Stole Customer Info
May 15 2018 // Malley’s Chocolates is warning 3,400 online customers that their credit or debit card information might have been compromised by a computer hacker in March, during the Ohio candy company’s busy weeks before...
How UK Brokers View Cyber Insurance
May 15 2018 // The majority of UK brokers see cyber as an important and growing market yet nearly one-third admit to a “poor” or “very poor” understanding of cyber risks and cyber insurance, according to research...
Woodruff Sawyer in California Ads Burke from Hiscox as Cyber Specialist
May 14 2018 // San Francisco, Calif.-based Woodruff Sawyer has named Dan Burke vice president and cyber specialist. He will expand Woodruff Sawyer’s cyber liability resources for clients to include new partnerships with cyber...
Password Stolen; Create a New One. What If Your Retina Scan or Fingerprint Is Stolen?
May 11 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
U.S. Cyber Market Is $2 Billion, Growing Fast, Profitable: Fitch
May 10 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report. The market has...
Georgia Gov Vetoes Cybercrime Bill, Cites Potential for ‘Unintended Consequences’
May 10 2018 // Georgia’s governor has vetoed a bill that would have criminalized unauthorized computer access after receiving blowback from the state’s booming cybersecurity industry. The bill, vetoed by Republican Gov....
Cyber Insurance Startup At-Bay Secures $13 Million in Funding
May 9 2018 // California-based At-Bay, a digital cyber risk monitoring and insurance firm, reports it raised $13 million in Series A funding, bringing the start-up’s total funding to $19 million. At-Bay is developing what it calls...
Buffett Not Eager for Berkshire to Be Cyber Insurance Leader
May 7 2018 // Warren Buffett said he doesn’t want Berkshire Hathaway Inc. being a leader on cyber insurance because neither he nor others in the industry really know the risk. “I don’t think we or anybody else really...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
Cyber Insurers Say Underwriting Is Profitable, For Now
May 7 2018 // Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a global survey of specialist writers. The consulting...
Flood, Tax Relief, Cyber Security: Risk Managers’ View on the Political Turmoil in Washington
May 7 2018 // Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes that the program expires July 31, right in the middle of hurricane season. That...
Google, Microsoft Urge Georgia Governor to Veto Cybercrime Bill
May 4 2018 // Tech giants Google and Microsoft have joined a chorus or cybersecurity experts urging Georgia Gov. Nathan Deal to veto a bill that makes unauthorized computer access a crime punishable by up to a year in prison. The...
European Central Bank Test Simulates Cyber Attacks on Financial Firms
May 3 2018 // The European Central Bank has designed a new test simulating cyber attacks on banks, stock exchanges and other firms that are critical for the functioning of the financial system, it said on Wednesday. The move follows a...
