Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
NAS Insurance Expands Cyber Coverage to Personal Lines Market
Apr 5 2017 // NAS Insurance has launched a new cyber insurance product that addresses cyber risks to individuals and families through add-on coverage to homeowners’ insurance policies. NAS’ Personal CyberPlus covers cyber...
New Digital Evidence Emerges of N. Korea Connection to Bangladesh Bank Heist
Apr 4 2017 // Cyber security firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year’s $81 million cyber heist of the Bangladesh...
AIG Latest to Bring Cyber Insurance to Personal Lines High-Net Worth Clients
Apr 3 2017 // American International Group Inc., the biggest seller of cyber insurance to businesses, is bringing cyber insurance and risk mitigation services adapted from its CyberEdge commercial insurance product to its high net worth...
Hylant’s Timmel Joins Safety National to Lead Cyber Insurance Development
Apr 3 2017 // Spencer Timmel, has joined Safety National as national director of Cyber and Technology. In his new capacity with Safety National. Timmel will be responsible for leading Safety National’s effort to become a provider...
CFC Underwriting Upgrades Global Cyber Product
Apr 3 2017 // Specialist lines underwriting agency, CFC Underwriting, has launched a revamped and upgraded cyber insurance product for global markets. The new look product provides includes the provision of first party cover on an...
Brokers Beware: Data Breach Lawsuit Without the Breach
Apr 3 2017 // In December 2016, it came to light that the Chicago-based law firm of Johnson & Bell had been sued in a purported class action lawsuit brought in the U.S. District Court for the Northern District of Illinois. The...
New York’s Cybersecurity Rules: Things Insurance Professionals Should Know
Apr 3 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1. The cyber rules require insurance and...
Broker THB and CNA Hardy Partner to Provide Global Industrial Cyber Solution
Mar 27 2017 // London-based broker THB, CNA Hardy and cyber security specialist Waterfall Security Solutions have entered into a partnership to provide a cyber security protection package for industrial businesses globally. The package,...
Argo Pro Enhances E&O Coverage for Professional Services Firms
Mar 24 2017 // Argo Pro, a member of Argo Group International Holdings, Ltd., has launched a new Argo PROtect line of products and enhanced errors & omissions (E&O) forms for four different classes of professional services. The...
Data Breach May Affect More than 430K in Oklahoma
Mar 23 2017 // Oklahoma Office of Management and Enterprise Services says more than 430,000 people in the state may have had their personal information compromised by a data breach. The agency said that the Oklahoma Employment Security...
XL Catlin Appoints QBE’s Tuplin as Head of Cyber & TMT, International
Mar 23 2017 // XL Catlin’s insurance operations has appointed James Tuplin as head of Cyber and Technology, Media & Telecoms (TMT), International. In this role, Tuplin is responsible for the underwriting of cyber insurance, as...
CFC Underwriting Launches Cyber Incident Response App
Mar 22 2017 // Specialist lines underwriting agency, CFC Underwriting, has launched a cyber incident response application that will allow policyholders to notify a claim with a click of a button and receive specialist support from...
CNA Adds Data Breach, Network Security Endorsement to Lawyers’ PL Policy
Mar 21 2017 // CNA has launched a new lawyers’ data breach and network security endorsement. The new endorsement is available as part of CNA’s Lawyers’ Professional Liability (LPL) policy. The CNA LPL policy provides...
Declarations
Mar 20 2017 // Free Speech “The promise of free speech is that even when one holds an unpopular point of view, the state cannot stifle it. The price Americans pay for this freedom is that the rule remains unchanged regardless of...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
New York Cyber Regs Take Effect, Mid-Sized Firms Could See Biggest Impact
Mar 20 2017 // As the insurance industry has closely followed developments regarding The New York State Department of Financial Services’ (DFS) cybersecurity regulation, concerns remain in terms of how the final regulation, set to...
Report: Oil & Gas Operations Vulnerable to Hackers
Mar 20 2017 // Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper...
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch
Mar 17 2017 // Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report...
7 Questions to Ask Cyber Insurance Prospects
Mar 16 2017 // An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses, insurers and their agents need to understand and protect against these threats,...
Pennsylvania-Headquartered Cohen & Grigsby Hires Anderson as a Director
Mar 16 2017 // Cohen & Grigsby P.C., a law firm headquartered in Pittsburgh, Penn., has hired Roberta D. Anderson as a director. Anderson’s practice is concentrated on insurance recovery and emerging cybersecurity and data...
