Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Neiman Marcus Settles Data Breach Claims With States for $1.5 Million
Jan 10 2019 // More than 40 state attorneys general have announced a $1.5 million settlement with The Neiman Marcus Group LLC over a data breach the Dallas-based retailer disclosed in January 2014. The breach exposed customer credit card...
U.S. Government Steps Up Warnings to Businesses Over Foreign Hackers
Jan 9 2019 // The Trump administration on Monday launched a drive to push U.S. firms to better protect their trade secrets from foreign hackers, following a slew of cases accusing individuals and companies of economic espionage for...
CFC Expands Cyber Insurance Product with Business Interruption Cover
Jan 9 2019 // CFC, the London-based managing general agent that specializes in emerging risks, announced it has expanded its cyber insurance product to include business interruption as well as a variety of cyber-crime activities. With...
7 Areas of Directors & Officers Liability to Watch in 2019
Jan 8 2019 // Risk management involves looking around the corner to spot future threats. When it comes to director and officer liability, the question is this: What’s on the horizon for directors and officers in 2019? Here are...
U.S. Supreme Court Declines to Hear Fiat-Chrysler Appeal in Auto Hacking Case
Jan 7 2019 // The U.S. Supreme Court on Monday declined to hear Fiat Chrysler‘s appeal in a class action lawsuit over allegations that its Jeeps and other trucks are vulnerable to hacking, one of the first legal cases involving...
BevMo in California Warns of Customer Credit Card Data Breach
Jan 7 2019 // BevMo warned that a data breach may have allowed a hacker to steal credit card numbers and other information from more than 14,000 customers who used the alcohol-seller’s website. The Concord, Calif.-based company...
Digital Briefs
Jan 7 2019 // Travelers Eyes Wearables The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety...
Most UK Small Businesses Remain in the Dark About Cyber Risks
Jan 7 2019 // A poll of small and medium-sized enterprises (SMEs) and micro businesses in the UK shows over half are confused by or even unaware of the rules around the EU’s General Data Protection Regulation (GDPR), while more...
States Surprised with Burst of Insurance Fraud-Related Legislation in 2018
Jan 7 2019 // Lawmakers Debated More Than 100 Fraud-Related Bills and Passed 33 into Law The introduction of new bills slows down during years when legislators tend to be more concerned with reelection. That’s why 2018 was such a...
Marriott Says Fewer Records Stolen in Starwood Hack Than First Thought
Jan 4 2019 // Marriott International Inc. said on Friday that fewer than 383 million customer records were stolen in a massive cyber attack disclosed last month, down from its initial estimate that up to 500 million guests were...
How Big Tech Is Using Artificial Intelligence to Stop Hackers
Jan 3 2019 // Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying...
Marsh Launches Cyber Self-Assessment Tool for Clients
Jan 3 2019 // Marsh has launched a next-generation online cyber self-assessment tool. The tool incorporates the latest insights on cybersecurity best practices to provide clients cybersecurity program diagnostic and serve as a single...
Smart Home Product Security Risks Can Be Alarming
Jan 3 2019 // Say you’re on your laptop at Starbucks, minding your own business, when an acquaintance of yours across the room isn’t minding his. Unbeknownst to you, he’s using the same store Wi-Fi as you to conduct a...
New Ohio Laws Address Insurer Cybersecurity, Surplus Lines, More
Jan 2 2019 // New laws in Ohio will benefit Ohio consumers while further strengthening Ohio’s robust insurance market, according to Ohio Department of Insurance Director Jillian Froment. Among the changes made by Ohio’s...
Insurance Journal Southeast’s Top Stories for 2018: Fraud, Hurricanes, Data Security Law
Dec 31 2018 // It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating insurance crisis in Florida, and a new industry-specific cybersecurity law in South Carolina that takes effect...
Major Newspapers Hit by Cyber Attack
Dec 30 2018 // A cyberattack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major U.S. newspapers, including ones owned by Tribune Publishing Co such as the Chicago Tribune and Baltimore...
BevMo in California Warns of Customer Credit Card Data Breach
Dec 28 2018 // BevMo is warning that a data breach may have allowed a hacker to steal credit card numbers and other information from more than 14,000 customers who used the alcohol-seller’s website. The Concord, Calif.-based...
AIR Estimates Marriott Cyber Breach Direct Losses Could Reach $600 Million
Dec 21 2018 // Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott disclosed on Dec.1 that...
Cryptocurrency Industry Says Inadequate Insurance Deters Investors
Dec 20 2018 // Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be...
Cryptocurrency Industry Struggles to Buy Insurance, Hindering Growth Goals
Dec 20 2018 // Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be...
