Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Expert Gives Agents C- on Understanding of Cyber Insurance
Sep 6 2016 // Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft. Goodman...
Swiss Re Corporate Solutions Launches ‘CyberSolutions Germany’
Sep 1 2016 // Swiss Re Corporate Solutions has expanded its cyber offering with the launch of CyberSolutions Germany, a new, market-specific primary insurance product. This advanced cyber risk protection solution provides tailored...
4 Cyber Risk Misconceptions Popular with Midsized Firms
Aug 30 2016 // Despite frequent reports of hacking, cybercrime, security breaches and related events in all parts of the U.S., many middle market companies continue to underestimate their exposure to these attacks along with their need...
AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch
Aug 29 2016 // About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch. Fitch aggregated the cybersecurity statutory supplement data for the U.S....
Hylant Names Timmel as VP for Cyber, Technology Risk Practice
Aug 25 2016 // Ohio-based insurance brokerage firm, Hylant, named Spencer Timmel to the newly created position of vice president, Cyber & Technology Risk Practice leader. Spencer speaks regularly on network security and privacy...
Allied World’s U.S. Cyber Team Adds Glasgow from Travelers
Aug 24 2016 // Allied World U.S. has appointed Jason Glasgow as vice president and practice lead for Technology, Privacy & Network Security Professional Liability. In this role, Glasgow will be responsible for the strategy,...
Expert Gives Agents C- on Understanding of Cyber Insurance
Aug 23 2016 // Powered by InsuranceJournal.tv Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance,...
Protecting Vehicles from Cyberattacks Focus of U. of Arkansas Project
Aug 22 2016 // In 2015, two researchers remotely hacked a Jeep Cherokee being driven by a reporter who documented how the researchers controlled everything from the car’s radio and media console to its brakes and steering. For Dr....
The Top 10 Things Sharp Brokers Should Consider When Placing Cyber Liability
Aug 22 2016 // The insurance marketplace for cyber liability is constantly evolving. Technology is always improving, the level of data security and awareness is escalating and the tools used by the criminals and the bad actors are...
Some Sage Customers Open to Data Breaches Because of Their Own Lax Security
Aug 19 2016 // Sage Group, already hit by an insider data breach this week, then found itself racing to shut down security lapses by more than 20 customers after a U.S. researcher uncovered stores of their corporate data exposed...
List of 20 Hotels in 10 States Believed Hit by Hackers
Aug 16 2016 // Twenty Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by hackers for months. According to the hotel operator HEI Hotels & Resorts, malware put into place in...
Zurich Extends Security, Privacy Coverage to Captives
Aug 16 2016 // Zurich Insurance has expanded its cyber insurance product to companies and their captives to protect against risks associated with data security breaches including cyber-related breaches. Zurich’s Security and...
U.S. Intelligence to Help Companies Thwart Supply-Chain Hacking
Aug 12 2016 // U.S. intelligence officials are planning to provide information including classified threat reports to companies about the risks of hacking and other crimes tied to the supplies and services they buy. The effort is part of...
Global Business Groups Urge China’s Premier to Revise Draft Cyber Rules
Aug 12 2016 // In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules which they said would...
VW’s Keyless Entry Systems Vulnerable to Hacking: European Researchers
Aug 12 2016 // Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, according to European...
Allianz Launches Cyber Coverage to Address Emerging Risks
Aug 10 2016 // Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect designed exclusively for the North American market. The new product...
BCBS of Kansas City Service Provider Reports Data Breach
Aug 9 2016 // The Missouri Department of Insurance says the insurance information of more than 400,000 Missourians are potentially impacted by data breach at Newkirk Products Inc., a service provider that issues healthcare ID cards for...
Houston Police: Men Used Laptop to Reprogram, Steal 100-Plus Vehicles
Aug 8 2016 // Two men jailed in Houston and accused of using pirated computer software to steal more than 100 vehicles may have exploited an electronic vulnerability to advance auto theft into high-tech crime. Michael Arce, 24, and...
New Cyber Safety Ratings for Software Could Aid Insurers
Aug 4 2016 // A famed hacker who nearly 20 years ago told Congress he could take down the internet in 30 minutes is now going after the computer software industry, whose standard practices all but guarantee that most products will be...
Sciemus’ Move into Specialty Underwriting: A Case of ‘Adapt and Thrive’
Aug 3 2016 // It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this year into underwriting space, power, mining, renewable energy and cyber—as a managing general agent. Despite...
