Cyber Attacks On Banks More Serious Than Public Realizes May 20, 2013 By Joseph Menn The series of cyber attacks that repeatedly knocked major U.S. banking websites offline in the past nine months has been...
How Banks Will Recover Funds in $45M Cyber Heist May 13, 2013 By Joseph Ax Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45...
Study: Utah Health Breach Could Approach $406M May 1, 2013 A 2012 security breach that exposed the personal information of 780,000 Utah residents to hackers could cost as much as...
Hartford Steam Boiler Launches Cyber Attack Protection for Small Businesses April 29, 2013 The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber...
The Risks of Insuring the Cloud April 24, 2013 By Conor Overstake Hollywood would have us believe that some smart, awkward computer guy in his 30s living in his mother’s basement is...
Small Businesses Hit With Data Breach Often Fail to Notify Customers: Survey March 6, 2013 While more than half the U.S. small businesses experienced at least one data breach, just one-third of those firms notified...
Where to Find the Best Possible Cyber Coverage February 19, 2013 By Richard Clarke There are many cyber insurance products available for purchase, and each is somewhat unique. Some products are more comprehensive than...
AIG Survey Shows Top Executives’ Concerns with Cyber Risk February 8, 2013 A survey of perceptions about cyber risk sponsored by the American International Group Inc. (AIG) found that among corporate executives,...
Beazley Launches Enhanced Computer Crime Policy February 5, 2013 Beazley plc has launched new computer crime and account takeover coverages for financial institutions. The enhanced computer crime policy is...
Travelers Adds Cyber Protection Tailored to Small Businesses January 22, 2013 Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches...