Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
Marriott Starwood Data Breach Highlights Silent Cyber Risk in Acquisitions
Dec 3 2018 // Marriott International’s $13.6 billion purchase of Starwood Hotel & Resorts was a bet that its popular loyalty program would bring more travelers to its Courtyards and Residence Inns. It turns out Marriott was...
How the Insurance Market Will Expand in an Age of Autonomous Vehicles
Dec 3 2018 // Though it’s estimated that by 2025, auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage,...
AXA XL Adds Cybersecurity Services to Cyber Insurance Program
Nov 30 2018 // AXA XL, a division of AXA, has added complimentary proactive cybersecurity services for its primary cyber & technology insurance clients to improve their cybersecurity preparedness. During their first cyber insurance...
Marriott Starwood Assessing Impact of 4-Year Long Data Breach
Nov 30 2018 // Marriott International said on Friday hackers stole about 500 million records from its Starwood Hotels reservation system in an attack that began four years ago, exposing personal data of customers including some payment...
Colorado Agency Targeted in Massive Ransomware Scheme
Nov 30 2018 // No money was paid and no information was lost during a ransomware cyberattack that exploited a cloud-based vulnerability in the Colorado Department of Transportation’s computer network last spring, officials...
AXIS Consolidates 4 Businesses Into Single Global Cyber and Technology Unit
Nov 30 2018 // AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division to better address “borderless risks.” Dan Trueman has been...
British, Dutch Regulators Fine Uber for 2016 Cyber Attack
Nov 30 2018 // British and Dutch regulators on Tuesday [Nov. 27] fined ride-hailing service Uber for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users. Names, mobile phone...
2M Patients Impacted by Data Breach at North Carolina-Based Health Care Group
Nov 29 2018 // A North Carolina-based health provider says more than 2 million of its patients may have had personal information compromised in a data breach of billing information. News outlets report Atrium, headquartered in Charlotte,...
UK Regulator to Punish Financial Services Firms for Failures with Cyber Defenses
Nov 27 2018 // Britain’s Financial Conduct Authority will punish firms that are failing to get the basics right on cyber defenses, or whose botched IT projects harm consumers, a senior official at the markets watchdog said on...
Burns & Wilcox to Offer Cybersecurity Services Through BreachAware
Nov 27 2018 // Burns & Wilcox has formed an exclusive partnership with London-based BreachAware, a cybersecurity company specializing in data breach research and analysis. This risk management program will serve as an extension of...
Court: Travelers Insurer Off the Hook in Florida Hotel Chain Data Breach Suit
Nov 21 2018 // A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of...
Gallagher Affinity Launches Online Cyber Suite for Small, Midsize Federal Contractors
Nov 21 2018 // Gallagher Affinity and Secure CyberID, a provider of cybersecurity services, have launched an online, discounted suite of cybersecurity products for small to mid-sized companies under contract with the federal government....
How Insurance Market Will Expand in Age of Autonomous Vehicles
Nov 20 2018 // Though it’s estimated that by 2025 auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage, according...
Willis Towers Watson Launches Cyber Solution for Airports
Nov 19 2018 // In response to cyber and digital risk being identified as the top concern facing airports today¹, Willis Towers Watson has introduced CyFly for Airports, an insurance solution specifically tailored to cover cyber...
The Hits Keep Coming: More Transitional Cybersecurity Requirements in New York
Nov 19 2018 // It has been more than a year and a half since the New York Department of Financial Services’ cybersecurity regulations (cyber rules) came into effect, and yet another compliance deadline has passed. Broadly,...
ProWriters Launches Online Cyber Insurance Portal
Nov 16 2018 // ProWriters has launched Cyber Insurance Portal exclusively for insurance agents and brokers that is designed to streamline the insurance comparison process by allowing brokers to instantly compare rates for their clients...
Cathay Pacific’s Data Breach Scrutinized by 27 Regulators in 15 Jurisdictions
Nov 15 2018 // Cathay Pacific Airways said on Wednesday it is working with 27 regulators in 15 jurisdictions to investigate a data breach that affected millions of passengers, as Hong Kong lawmakers grilled executives over how it handled...
Cyber Expert Says Industry Over-Complicates Cyber Insurance
Nov 15 2018 // Powered by InsuranceJournal.tv Cyber insurance is relevant to every type of business but the insurance industry needs to make it simpler so that more businesses understand why they should buy it, according to Graeme...
Threat of Cyber Attack Keeps One UK Energy Executive Awake at Night
Nov 14 2018 // Imagining the fallout from a successful computer hack is keeping one British energy executive awake at night. “An attack could be enough to destroy a business if it’s not handled properly,” Michael Lewis,...
Biggest Airline Data Breach Lasted for Months, Confirms Cathay Pacific
Nov 14 2018 // Cathay Pacific Airways Ltd., which is under fire for the world’s biggest airline data breach, said the sophisticated attacks lasted months as it took steps to shield its exposed computer network. The attacks were...
