cyber security News

Advisen: Historians May See 2013 as ‘Cyber Tipping-Point’

Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a New York-based commercial insurance research and data …

Central Texas Hospital System Says Computer Stolen

A Central Texas medical group has notified Austin police about the theft of a laptop computer with personal data from patients. Officials with Seton Healthcare Family on Oct. 22 announced the theft and its commitment to maintaining the privacy and …

Settlement Nears in Lawsuit over Missouri Grocery Store Breach

A suburban St. Louis, Mo., grocery store chain has agreed to settle a class-action lawsuit stemming from a computer system breach that compromised the credit and debit cards of about 2.4 million customers. In a preliminary deal presented to St. …

Travelers Launches Online Cyber Risk Resources for Business Owners

Travelers has introduced a suite of online resources to help business owners navigate the growing threat of cyber risks while also protecting their assets and their customers’ information. The launch of the new resources coincides with the start of National …

Concerns Over Cyber Security Risks Outweigh Traditional Risks for Large Firms: Study

Cyber security risks have become more worrisome to large organizations than traditional natural catastrophe risks, according to a new study released today. The study, titled “Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age” and conducted …

U.S., China Agree to Restart Investment Treaty Talks

The United States and China have agreed to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the start. The agreement to resume negotiations was welcomed by the U.S. …

Rockwood Programs Adds Cyber Liability to Coverage Portfolio

Rockwood Programs has added cyber liability to its portfolio of management and professional liability products. The coverage can be attached to an underlying Rockwood account as an endorsement, with a separate sub-limit. Cyber liability can also be purchased on a …

ThinkRisk Launches Comprehensive Content, Data Security, Privacy Program

Ryan Specialty Group’s Think Risk has launched [in]TELLIGENCE to address evolving and often overlooked operational exposures coming from technology and its effect on businesses. Recent surveys have reported that more than half of small to mid-size U.S. firms have already …

U.S. on Offense in Cyber War: Building Command Center, Hiring Warriors

On the site of a former military golf course where President Dwight Eisenhower once played, the future of U.S. warfare is rising in the shape of the new $358 million headquarters for the military’s Cyber Command. The command, based at …

New York Regulator Asks Insurers About Readiness for Cyber Threats

New York’s top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks earlier this year.The New York State Department of Financial Services …