Cyber Risk News

Wachovia Purchases Assets of E-Risk Services

Wachovia Corporation of Charlotte, N.C. announced it has completed the acquisition of certain assets of managing general agency E-Risk Services LLC, based in Flanders, N.J. E-Risk provides management liability insurance for private company clients through its Business and Management (BAM(R)) …

CHUBB RELEASES CYBER RISK NEEDS ANALYSIS

The Chubb Group of Insurance Companies has released a four-page guide, the “Cyber Risks Needs Analysis,” to provide corporate board members, risk managers and information technology security professionals with a methodology to identify and mitigate their organizations’ cyber exposures. The …

Insurers Applaud White House Cyber Security Initiative

A broad-based group of insurers, reinsurers, and agents and brokers have applauded the White House’s proposed development of a groundbreaking comprehensive national strategy to secure cyberspace. The strategy was to be unveiled at an event featuring Richard Clarke, Special Advisor …

Chubb Releases Cyber Risk Needs Analysis

The Chubb Group of Insurance Companies has released a four-page guide, the Cyber Risks Needs Analysis, to provide corporate board members, risk managers and information technology security professionals with a methodology to identify and mitigate their organizations’ cyber exposures. The …

Besieged by Cyber Liability’

Web sites, online services, e-mail and software programs have created vast new industries whose clients demand that insurance coverage is in place prior to awarding contracts. Aside from creating new business opportunities, these complex technologies present new exposures to companies …

Sept. 11-A Year Later

In this issue, we pause for a moment and try to grasp the meaning and impact of ‘9/11’ on the insurance industry. It’s difficult to find words to describe the tragedy of Sept. 11th, 2001 and its effect on the …

Besieged by Cyber Liability’

Web sites, online services, e-mail and software programs have created vast new industries whose clients demand that insurance coverage is in place prior to awarding contracts. Aside from creating new business opportunities, these complex technologies present new exposures to companies …

Sept. 11 – A Year Later

In this issue, we pause for a moment and try to grasp the meaning and impact of ‘9/11’ on the insurance industry. It’s difficult to find words to describe the tragedy of Sept. 11th, 2001 and it’s effect on the …

The Hartford Offers Free Online Course to Help Agents Identify, Protect Clients from Cyber Risks

Recognizing that more education is needed to help business customers understand and protect against their technology-related exposures, The Hartford Financial Services Group is offering a free online course to agents. The course, which defines e-business risk broadly as any process …

Chubb Executive Urges Cooperation Between IT and Risk Management Depts.

An executive with a leading commercial insurer is urging information technology departments to share information regarding attacks on corporate Web sites and computer networks with risk managers and insurers. Without knowing the full extent and nature of these attacks, he …