corporate cyber risk News

Corporations That Fake Social Responsibility at Greater Risk of Cyber Attacks

Corporations that do not take their vows to address environmental, cultural, social and political issues seriously could be putting a target on their backs for hackers and placing their firms at greater risking of cyber attacks. Hackers are getting more …

Businesses Face Fewer Cyber Events, But the Attacks Are More Costly

The stakes are higher than ever for businesses when it comes to cyber risk, especially with the added complexity of COVID-19 thrown into the mix. Yet, even before the global pandemic struck, companies had been taking more action than ever …

Businesses Need to Rethink Cyber Risks for Work-from-Home Employees

When worldwide lockdowns were imposed almost overnight in March, most employees thought they were leaving their desks behind for just a few weeks. Very few employers and employees would have predicted that six months later they would still be working …

Marriott Says Fewer Records Stolen in Starwood Hack Than First Thought

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 affected. The hotel operator also …

RLI Launches Cyber Liability Insurance for Medium, Large-Sized Firms

RLI Insurance Company’s RLI Executive Products Group has launched a new cyber liability insurance product. RLI’s cyber liability insurance offers both first and third party coverage options to protect medium-to-large sized firms against financial losses and damages resulting from cyber …

Asset Managers Urged to Make Cyber Risk Top Priority

Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem. Banks have …