Cyber Risk News

Internet Creates Nation of Uninformed ‘Publishers’, Safety Net Manager Says

Picture this: one of your clients is a ‘Seinfeld’ fan, so he posts a picture of Michael Richards on his website. No harm done, right? Wrong, according to Leib Dodell, underwriting manager for Chubb Executive Risk’s media liability program. ‘It’s …

Internet Creates a Nation of Uninformed ‘Publishers,’ Safety’ Net Manager Says

Picture this: one of your clients is a “Seinfeld” fan, so he posts a picture of Michael Richards on his website. No harm done, right? Wrong, according to Leib Dodell, underwriting manager for Chubb Executive Risk’s media liability program. “It’s …

San Jose Couple Accused of Fraud Back in U.S.

After fleeing to the Caribbean eight months ago to avoid charges that they stole $10 million from insurance clients, a San Jose, Calif. couple appeared in court Tuesday for the first time and were ordered held on $10 million bail …

Lloyd’s Syndicate To Offer Tripwire Cyber Insurance

Tripwire Inc. a leading U.S. provider of “integrity assessment security solutions,” headquartered in Portland, has joined with Lloyd’s HAW Syndicate “to include Tripwire software as a recommended risk management tool in the e-Comprehensive cyber insurance policy.” “e-Comprehensive is the leading …

Lloyd’s Survey Reveals Lack of E-Commerce Coverage

A Lloyd’s study based on a survey at the recent annual conference of the Association of Risk Managers in Birmingham England, has revealed that 75 percent of the companies surveyed had no coverage against damages caused by computer viruses and …

Insurers Consider “Love Bug’s ” Bite

From Los Angeles to London, last week’s “Love Bug” computer virus has generated a lot of speculation over the extent of the losses caused to business, and to what extent they were covered by insurance. So far the word seems …